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UAE spends big to boost private sector workforce

The United Arab Emirates will spend $6.5 billion in incentives for its citizens to take work in the private sector and stop waiting for public jobs.
Dubai skyline

The United Arab Emirates launched a lavish program last Sunday to encourage its citizens to work in the private sector.

The program, which will start Oct. 1, is the second of a broader plan called "Projects of the 50," being announced throughout October to boost the Gulf state’s economic development for the next 50 years.

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