Mohammed bin Rashid reviews Cabinet’s achievements; outcome of 2023

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 stated: “I chaired at Qasr Al Watan, Abu Dhabi, the UAE Cupboard’s first assembly of the 12 months 2024. We reviewed the work we achieved in the course of the 12 months 2023. We additionally permitted the Cupboard’s work plan for 2024, which is able to give attention to 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: “In the course of the assembly, we reviewed what was achieved in varied nationwide sectors throughout 2023, primarily concerning our prime precedence sectors: the UAE nationals’ housing and the Emiratisation of employment.
Within the housing, greater than 4,300 choices have been issued concerning UAE nationals’ housing assist, with a complete value of AED3.2 billion. The Emiratis’ home-ownership fee, together with all nationwide housing programmes, grew to 90%, which is the second highest home-ownership fee on the earth.
Within the Emiratisation sector, Nafis programme, due to the observe up of my brother Sheikh Mansour bin Zayed, efficiently elevated the overall variety of the UAE nationals working within the non-public sector to approximatively 92,000. And but, these two sectors will stay on the centre of our steady observe up.”

His Highness stated: “Within the economic system sector, our non-oil GDP witnessed a major progress scoring a fee of 5.9% in the course of the first 9 months of the 12 months solely. The UAE was ranked first globally in additional than 215 indexes associated to improvement, economic system and human capital, in response to worldwide reviews.”

His Highness added: “In the course of the Cupboard’s assembly, we reviewed the accomplishments of the legislative plan of 2023. A complete of 73 federal legal guidelines have 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 permitted 60 nationwide insurance policies and techniques and 62 worldwide agreements. Subsequently, the 12 months 2023 was, when it comes to the legislative achievements, probably the most energetic 12 months within the nation’s historical past.

His Highness concluded by saying: “The 12 months 2023 was distinctive, beneath the management of my brother Sheikh Mohamed bin Zayed, alongside together with his deputies and brothers. It was a 12 months throughout which the UAE witnessed unprecedented financial progress, huge world political presence, scientific development, new instructional and healthcare developments. The 12 months 2024 shall be a brand new alternative to attain additional improvement achievements with better momentum in all sectors.”

In the course of the assembly, the Cupboard reviewed a report on the result of its work in the course of the 12 months 2023, that includes the principle methods, insurance policies, laws and resolutions issued by the Cupboard over the past 12 months. His Highness Sheikh Mohammed bin Rashid assured that the Federal Authorities’s priorities for the 12 months 2024 will stay according to the final 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 id regionally and globally; the UAE is continually exploring novelty and creativity; We depend on schooling to attain progress, as our place sooner or later shall be decided by how progressed we’re within the sector of schooling; Sustainability will proceed to be a part of our tradition, practices and the life-style in our nation.

1030 authorities resolutions in varied key sectors
Throughout 2023, the UAE Cupboard and the Ministerial Growth Council held 23 conferences, issued 1030 authorities resolutions in varied key sectors. The rise in resolutions quantity exceeded 100% in comparison with the 12 months 2014. Foremost outcomes of the Cupboard’s efforts within the 12 months 2023 included the issuance of 60 nationwide insurance policies and techniques, 73 federal legal guidelines, greater than 125 government laws 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 all the time been a prime precedence for the UAE authorities. The Cupboard has issued new insurance policies and initiatives to boost the housing assist for Emiratis. Consequently, 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 fee 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. Underneath 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 International Affairs and Chairman of the Training and Human Assets Council (EHRC), new insurance policies and resolutions have been issued in 2023 supporting Emiratisation programmes and targets.
These programmes and efforts led to a major enhance 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 overall variety of Emiratis staff within the non-public sector surpassed 92,000 staff.
Moreover, the federal government continued to enhance the effectivity of the labour market by launching the Emirates Labour Market Award and adopting the Elective Various Voluntary Finish of Service System.

Key initiatives in transport, infrastructure and area sectors
To reinforce the competitiveness of the economic sector and encourage home industries, the Cupboard issued essential 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 corporations registered within the Nationwide In-Nation Worth Programme, issuing quite a lot of normal technical laws for key industries and enhancing the standard of merchandise manufactured within the UAE.

Because the UAE has set foot in planet Mars, the Cupboard issued many programmes to boost management within the area sector, primarily: launching the Emirates Mission to the Asteroid Belt, establishing the Nationwide House 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 boost the nation’s readiness to sort out the challenges in our on-line world.

62 worldwide agreements and key world headquarters based mostly 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 grew to become the host to headquarters of many regional and worldwide organizations, together with: the regional hub of the Islamic Growth Financial institution Group, the regional workplace of the Asian Infrastructure Funding Financial institution.
The Cupboard additionally permitted the UAE becoming a member of the IMF’s Resilience and Sustainability Belief and the Poverty Discount and Progress Belief (PRGT).
In authorities affairs, the UAE Cupboard permitted 54 suggestions submitted by the Federal Nationwide Council linked to regulating non-public larger schooling sector, sustainability of electrical energy and water providers, regulating labour market, volunteering work, in addition to supporting and creating sports activities sector.

Vital progress charges in GDP
The non-oil GDP (at fixed costs) of the primary 9 months of the 12 months 2023 witnessed a major progress fee of 5.9% in comparison with the identical interval of the earlier 12 months.
Transport and storage actions topped the expansion at a fee of 12.1% in comparison with the corresponding interval a 12 months in the past. This was attributed to the numerous enhance in passenger numbers; In the course of the interval beneath evaluation, 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 non-public 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 grew to become one of many prime 10 international locations globally in additional than 604 worldwide indexes based mostly on worldwide competitiveness reviews.
The implementation of the UAE’s nationwide legislative plan for the 12 months 2023

The Cupboard introduced the implementation of the UAE’s nationwide legislative plan for the 12 months 2023, which was marked by the issuance of 73 federal legal guidelines in varied sectors, which included simplifying authorities procedures, together with supporting the benefit of doing enterprise within the UAE. The legal guidelines facilitated benefiting from providers 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 smart management to modernize the legislative construction within the UAE.
The brand new and up to date laws assist efforts to shift into a versatile legislative framework whose direct influence on providers is exceptional locally, improve authorities improvement 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 in the course of the interval 2020-2022. The Cupboard gave its directives to submit periodic reviews on achievements, challenges, and the influence of those legal guidelines in reaching its targets.
The legislative updates included the issuance of 10 legal guidelines, utterly new within the nation. To call just a few: regulation on commerce by way of trendy technique of expertise, regulation establishing the Emirates Drug Company, regulation regulating using the human genome, regulation regulating the Federal Genetic Fingerprint Database.

Updates on the work progress in GCC joint financial work
In the course of the assembly, the Cupboard reviewed updates on the work progress in GCC joint financial work within the 12 months 2022. The overall 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 12 months 2021. The nation’s imports from these international locations grew to AED70 billion, with a rise of 25% in comparison with the earlier 12 months.
The overall variety of shareholders from GCC international locations investing within the UAE joint inventory corporations surpassed 300,000. The overall cumulative variety of licences surpassed 33,000 licenses granted to residents of the GCC international locations training financial actions within the UAE in the course of the 12 months 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 12 months 2021. The sector achieved vital 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 staff within the sector surpassed 400,000 staff in 2021. The variety of institutions working within the sector surpassed 38,000.
In legislative affairs, the Cupboard permitted the issuance of latest federal laws, together with the chief laws of the Federal Legislation No. (4) of 2023 Relating to Sports activities, which goals to foster sporting function fashions by discovering and empowering sports activities expertise, and empowering and motivating group members to observe sports activities and participate in competitions.
The Cupboard additionally permitted issuing regulatory choices concerning belief providers and permitted belief providers, in addition to issuing technical laws on the power effectivity requirements and labeling for electrical home equipment.

Three worldwide agreements
In worldwide affairs, the Cupboard permitted the ratification of an settlement between the UAE authorities and the Council of Ministers of the Republic of Albania, concerning 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, concerning 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 goal of fostering a safe cyber atmosphere.
Three essential worldwide occasions shall be hosted within the UAE. That is what the Cupboard permitted 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 Educating Worldwide Convention Exhibition.
In authorities affairs, the Cupboard permitted a coverage on the possession of human assets information within the federal authorities, and the budgets of the Emirates Funding Authority and the Normal Pension and Social Safety Authority (GPSSA) for the fiscal 12 months 2024. It additionally reviewed the Emirates Funding Authority’s work report of the primary 9 months of the 12 months 2023, and the most recent updates on the event of the trendy agriculture sector within the UAE.

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