General Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has ordered an increase in the Shaikh Khalifa Fund for Enterprise Development from Dh1 billion to Dh2 billion.
The Khalifa Fund will expand the scope of its services to cover all the emirates of the UAE. The decision is in accordance with the directives of President His Highness Shaikh Khalifa Bin Zayed Al Nahyan.
"The directives of the leadership reflect its commitment towards Emirati youth nationwide and their creative energies. They are our sons and daughters and therefore we have to provide them with whatever is necessary to enable them to innovate and create, to further develop their talents and to contribute to the socio-economic aspirations of the UAE," Shaikh Mohammad said.
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