Home UAE Abu Dhabi Abu Dhabi boosts local businesses with $4bn in tenders The country has reported 2,359 cases of coronavirus and 12 deaths by Bloomberg April 8, 2020 Abu Dhabi directed Dhs15bn ($4.1bn) worth of government tenders to local businesses as the coronavirus pandemic weighs on the Gulf Arab emirate’s non-oil economy. The “Abu Dhabi Local Content” programme includes 1,244 tenders, with the goal of “boosting productivity and strengthening supply chains,” the Abu Dhabi Media Office said in a tweet on Wednesday. .@AbuDhabiDED applies procurement-driven localisation programme ‘Abu Dhabi Local Content’ to 1,244 government tenders worth a total of AED15 billion, unlocking growth opportunities for the private sector to take part in #AbuDhabi government investments. pic.twitter.com/g10JOyB6co — مكتب أبوظبي الإعلامي (@admediaoffice) April 8, 2020 Business conditions in the United Arab Emirates, a federation that includes Abu Dhabi, worsened at a record pace in March as the government took emergency steps to stop the spread of the coronavirus. IHS Markit’s UAE Purchasing Managers’ Index, a gauge tracking operating conditions in the non-oil private sector, fell to the lowest ever in March. The country has reported 2,359 cases of coronavirus and 12 deaths. Its business hub Dubai has imposed a 24-hour restriction on the movement of people. Tags “Abu Dhabi Local Content” programme Abu Dhabi Businesses IHS Markit’s UAE Purchasing Managers’ Index supply chains 0 Comments You might also like AD Ports signs concession deal to operate Egypt’s Safaga terminal Strong cash flows for UAE stocks in Christmas Day trade Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023 67 million visitors for Abu Dhabi’s Sheikh Zayed Grand Mosque