Abu Dhabi: As part of the UAE's action plan for the next 50 years, more jobs are being created for locals. The government has set a target of 75,000 jobs in the private sector at a cost of Dh24 billion. As per this, Dh100 crore will be set aside as business development fund for students and graduates.
These include special allowances for children, unemployment benefits for those working in the private sector with government support, and early retirement plans for government employees interested in starting a business. The UAE says the projects are being implemented in the sense that it is a national responsibility to mold the fast-growing economy. Cabinet Minister Mohammed al-Gargawi said.
The Crown Prince of Abu Dhabi and the UAE said the plan for the next 50 years aims to empower the people and sustain the relationship. Sheikh Mohammed bin Zayed Al Nahyan, Deputy Commander of the Armed Forces, said:
The UAE has announced a half - century action plan announcing that the next 50 years will be eventful. Government clarified.