UAE: Sheikh Mohammed announces approval of crowdfunding for public, private sector

The UAE has supported crowdfunding to fund inventive business thoughts.

This came as His Highness Sheik Mohammed receptacle Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, led the last Cabinet meeting at Expo 2020 Dubai.

“Crowdfunding is probably the most ideal way to back new, imaginative business thoughts. It will open an entryway for the young and business people to back their thoughts,” the UAE Vice-President tweeted.