This came as His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, chaired the last Cabinet meeting at Expo 2020 Dubai.
Shared on Twitter like this "We also approved in the Cabinet today
the permission to engage in crowdfunding
activity and to have operators from the
government and private sectors..Crowd
funding is one of the best means to
support the financing of new innovative
business ideas..it will open a door for
young people and entrepreneurs to
finance their ideas.."the UAE Vice-President tweeted.