[ad_1]
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai chaired the UAE Cupboard’s assembly at Qasr Al Watan, Abu Dhabi, within the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court docket; H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; and H.H. Lt. Normal Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Inside.
His Highness Sheikh Mohammed bin Rashid Al Maktoum mentioned: “I chaired at Qasr Al Watan, Abu Dhabi, the UAE Cupboard’s first assembly of the yr 2024. We reviewed the work we achieved through the yr 2023. We additionally accredited the Cupboard’s work plan for 2024, which is able to concentrate on implementing the nationwide priorities introduced by my brother President of the UAE His Highness Sheikh Mohamed bin Zayed Al Nahyan on the Union Day. We gave our directives to all federal authorities entities to implement governmental plans, initiatives and tasks that serve the nationwide priorities introduced by His Highness.”
His Highness added: “Throughout the assembly, we reviewed what was achieved in numerous nationwide sectors throughout 2023, primarily relating to our prime precedence sectors: the UAE nationals’ housing and the Emiratisation of employment.
Within the housing, greater than 4,300 choices had been issued relating to UAE nationals’ housing help, with a complete value of AED3.2 billion. The Emiratis’ home-ownership charge, together with all nationwide housing programmes, grew to 90%, which is the second highest home-ownership charge on this planet.
Within the Emiratisation sector, Nafis programme, because of the comply with up of my brother Sheikh Mansour bin Zayed, efficiently elevated the whole variety of the UAE nationals working within the personal sector to approximatively 92,000. And but, these two sectors will stay on the centre of our steady comply with up.”
His Highness mentioned: “Within the economic system sector, our non-oil GDP witnessed a big progress scoring a charge of 5.9% through the first 9 months of the yr solely. The UAE was ranked first globally in additional than 215 indexes associated to growth, economic system and human capital, in keeping with worldwide studies.”
His Highness added: “Throughout the Cupboard’s assembly, we reviewed the accomplishments of the legislative plan of 2023. A complete of 73 federal legal guidelines had been issued in 2023, together with 10 legal guidelines issued for the primary time within the nation as a part of the legislative system, with the participation of 1,500 specialists together with 50 governmental groups. Moreover, the Cupboard accredited 60 nationwide insurance policies and methods and 62 worldwide agreements. Subsequently, the yr 2023 was, by way of the legislative achievements, probably the most lively yr within the nation’s historical past.
His Highness concluded by saying: “The yr 2023 was distinctive, underneath the management of my brother Sheikh Mohamed bin Zayed, alongside together with his deputies and brothers. It was a yr throughout which the UAE witnessed unprecedented financial progress, huge international political presence, scientific development, new academic and healthcare developments. The yr 2024 can be a brand new alternative to realize additional growth achievements with larger momentum in all sectors.”
Throughout the assembly, the Cupboard reviewed a report on the result of its work through the yr 2023, that includes the primary methods, insurance policies, laws and resolutions issued by the Cupboard over the last 12 months. His Highness Sheikh Mohammed bin Rashid assured that the Federal Authorities’s priorities for the yr 2024 will stay according to the overall instructions of the Union declared by President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on the 52nd Union Day, which incorporates: consolidating the traits of the Emirati identification regionally and globally; the UAE is continually exploring novelty and creativity; We depend on training to realize progress, as our place sooner or later can be decided by how progressed we’re within the sector of training; Sustainability will proceed to be a part of our tradition, practices and the life-style in our nation.
1030 authorities resolutions in numerous key sectors
Throughout 2023, the UAE Cupboard and the Ministerial Improvement Council held 23 conferences, issued 1030 authorities resolutions in numerous key sectors. The rise in resolutions quantity exceeded 100% in comparison with the yr 2014. Principal outcomes of the Cupboard’s efforts within the yr 2023 included the issuance of 60 nationwide insurance policies and methods, 73 federal legal guidelines, greater than 125 govt rules and resolutions and the signing of 62 worldwide agreements.
The UAE nationals housing and supporting Emiratisation programmes are prime priorities
The housing of the UAE nationals has at all times been a prime precedence for the UAE authorities. The Cupboard has issued new insurance policies and initiatives to lift the housing assist for Emiratis. Because of this, the Sheikh Zayed Housing Programme issued greater than 4,300 housing assist choices in 2023, in comparison with 1,241 choices in 2021. The rise charge surpassed 250%, with a complete worth exceeding AED3.2 billion, in comparison with AED1 billion in 2021.
Since their launch till 2023, federal and native governments housing programmes have supplied greater than 180 thousand housing assist with a complete worth exceeding AED212 billion. Consequently, the share of the UAE nationals who personal their home reached 90%.
The federal authorities continued its efforts in supporting Emiratisation programmes. Beneath the directives of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court docket; and the follow-up of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Overseas Affairs and Chairman of the Training and Human Sources Council (EHRC), new insurance policies and resolutions had been issued in 2023 supporting Emiratisation programmes and goals.
These programmes and efforts led to a big improve within the variety of UAE nationals becoming a member of the labour market estimated by greater than 150%, because the launch of Nafis so far, whereas the whole variety of Emiratis workers within the personal sector surpassed 92,000 workers.
Moreover, the federal government continued to enhance the effectivity of the labour market by launching the Emirates Labour Market Award and adopting the Elective Different Voluntary Finish of Service System.
Key initiatives in transport, infrastructure and area sectors
To boost the competitiveness of the economic sector and encourage home industries, the Cupboard issued necessary initiatives. To call few: “Made in UAE” label initiative, the Industrial Know-how Transformation Index (ITTI), a UAE system for unmanned aerial automobiles (drones), decreasing charges for industrial firms registered within the Nationwide In-Nation Worth Programme, issuing a wide range of normal technical rules for key industries and enhancing the standard of merchandise manufactured within the UAE.
For the reason that UAE has set foot in planet Mars, the Cupboard issued many programmes to reinforce management within the area sector, primarily: launching the Emirates Mission to the Asteroid Belt, establishing the Nationwide Area Fund, becoming a member of the worldwide cooperation within the peaceable use of outer area, and regulating permits for space-related actions and area assets. The Cupboard additionally issued a set of insurance policies to reinforce the nation’s readiness to sort out the challenges in our on-line world.
62 worldwide agreements and key international headquarters primarily based within the UAE
To take care of and strengthen the UAE’s main place globally, the Cupboard ratified or signed 62 worldwide agreements associated to economic system, finance, justice, safety and defence, aviation and humanitarian motion sectors. The UAE turned the host to headquarters of many regional and worldwide organizations, together with: the regional hub of the Islamic Improvement Financial institution Group, the regional workplace of the Asian Infrastructure Funding Financial institution.
The Cupboard additionally accredited the UAE becoming a member of the IMF’s Resilience and Sustainability Belief and the Poverty Discount and Development Belief (PRGT).
In authorities affairs, the UAE Cupboard accredited 54 suggestions submitted by the Federal Nationwide Council linked to regulating personal greater training sector, sustainability of electrical energy and water companies, regulating labour market, volunteering work, in addition to supporting and creating sports activities sector.
Important progress charges in GDP
The non-oil GDP (at fixed costs) of the primary 9 months of the yr 2023 witnessed a big progress charge of 5.9% in comparison with the identical interval of the earlier yr.
Transport and storage actions topped the expansion at a charge of 12.1% in comparison with the corresponding interval a yr in the past. This was attributed to the numerous improve in passenger numbers; Throughout the interval underneath overview, the nation’s airports achieved its highest passengers’ trafic.
Lodging and meals service actions ranked second; It grew by 11.6%, influenced by the rising numbers of tourists to vacationer locations and worldwide occasions hosted by the UAE.
Ranked first globally in 215 worldwide aggressive indexes
The joint home efforts, in addition to the coordination between federal and native governments entities, along with the personal sector organisations, have contributed to strengthening the UAE’s world-class management. Consequently, the nation was ranked first globally in additional than 215 worldwide aggressive indexes in 2023, in comparison with 186 indexes, in 2022.
Moreover, the UAE achieved excellent efficiency regionally and got here prime of the lists within the area in additional than 364 worldwide aggressive indexes in 2023.
The UAE turned one of many prime 10 international locations globally in additional than 604 worldwide indexes primarily based on worldwide competitiveness studies.
The implementation of the UAE’s nationwide legislative plan for the yr 2023
The Cupboard introduced the implementation of the UAE’s nationwide legislative plan for the yr 2023, which was marked by the issuance of 73 federal legal guidelines in numerous sectors, which included simplifying authorities procedures, together with supporting the convenience of doing enterprise within the UAE. The legal guidelines facilitated benefiting from companies associated to many key sectors and strengthened coordination amongst federal and native authorities entities. A complete of 1,500 specialists and 50 authorities groups joined forces to implement the directives of the sensible management to modernize the legislative construction within the UAE.
The brand new and up to date laws help efforts to shift into a versatile legislative framework whose direct impression on companies is outstanding in the neighborhood, improve authorities growth efforts in all sectors, and eliminates duplication of roles, tasks and duties.
The Cupboard additionally launched the indicator of “Implementation of Legal guidelines” issued by the State, and reviewed the outcomes of presidency entities’ implementation of the legal guidelines issued by the State through the interval 2020-2022. The Cupboard gave its directives to submit periodic studies on achievements, challenges, and the impression of those legal guidelines in attaining its goals.
The legislative updates included the issuance of 10 legal guidelines, utterly new within the nation. To call a number of: legislation on commerce via fashionable technique of know-how, legislation establishing the Emirates Drug Company, legislation regulating using the human genome, legislation regulating the Federal Genetic Fingerprint Database.
Updates on the work progress in GCC joint financial work
Throughout the assembly, the Cupboard reviewed updates on the work progress in GCC joint financial work within the yr 2022. The full worth of commerce alternate between the UAE and the GCC international locations reached AED287 billion. The UAE’s exports to the Arab Gulf international locations reached AED80 billion, marking a rise of 12% in comparison with the yr 2021. The nation’s imports from these international locations grew to AED70 billion, with a rise of 25% in comparison with the earlier yr.
The full variety of shareholders from GCC international locations investing within the UAE joint inventory firms surpassed 300,000. The full cumulative variety of licences surpassed 33,000 licenses granted to residents of the GCC international locations training financial actions within the UAE through the yr 2022.
Outcomes of the financial indicators of cultural and artistic industries
The Cupboard additionally reviewed the outcomes of the financial indicators of cultural and artistic industries for the yr 2021. The sector achieved important progress that surpassed 22% in comparison with the earlier interval, and the added worth of cultural and artistic industries actions reached greater than AED61 billion. The variety of workers within the sector surpassed 400,000 workers in 2021. The variety of institutions working within the sector surpassed 38,000.
In legislative affairs, the Cupboard accredited the issuance of latest federal laws, together with the chief rules of the Federal Regulation No. (4) of 2023 Concerning Sports activities, which goals to foster sporting position fashions by discovering and empowering sports activities expertise, and empowering and motivating neighborhood members to follow sports activities and participate in competitions.
The Cupboard additionally accredited issuing regulatory choices relating to belief companies and accredited belief companies, in addition to issuing technical rules on the power effectivity requirements and labeling for electrical home equipment.
Three worldwide agreements
In worldwide affairs, the Cupboard accredited the ratification of an settlement between the UAE authorities and the Council of Ministers of the Republic of Albania, relating to the joint cooperation in safety and combating terrorism. The second signed settlement brings collectively the UAE authorities and the federal government of the Republic of Kazakhstan, relating to the institution of a wind energy plant. The third and final settlement signed was a collaboration between the UAE Cybersecurity Council and the Worldwide Telecommunication Union (ITU), with the intention of fostering a safe cyber setting.
Three necessary worldwide occasions can be hosted within the UAE. That is what the Cupboard accredited within the assembly. The nation will host the Second Gulf Metrology Discussion board, the thirteenth session of the Annual Funding Assembly (AIM), and the sixth Utilized Linguistics and Language Instructing Worldwide Convention Exhibition.
In authorities affairs, the Cupboard accredited a coverage on the possession of human assets knowledge within the federal authorities, and the budgets of the Emirates Funding Authority and the Normal Pension and Social Safety Authority (GPSSA) for the fiscal yr 2024. It additionally reviewed the Emirates Funding Authority’s work report of the primary 9 months of the yr 2023, and the newest updates on the event of the trendy agriculture sector within the UAE.
Observe Emirates 24|7 on Google Information.
[ad_2]
Source link
