His highness Sheikh Mohammed Bin Rashid al Maktoum, vice president, prime minister and ruler of Dubai, has presided over the EU Cabinet meeting held in QASR al Watan, Abu Dhabi.
The meeting was attended by its highness Sheikh Mansour Bin Zayed al Nahyan, vice president, Vice Prime Minister and President of the Presidential Court; HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Heir Prince of Dubai, Vice Prime Minister and Minister of Defense; HH Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, first deputy ruler or Dubai, Vice Prime Minister and Minister of Finance; HH Lieutenant General Sheikh Saif Bin Zayed Al Nahyan, Vice Prime Minister and Interior Minister.
HH Sheikh Mohammed Bin Rashid Al Maktoum said: “I have presided over a cabinet meeting in Qasr al Watan in Abu Dhabi, during which we approved the EAU strategy for the finance industry and the hay of the EAU. Islamic, and the development developer, the Islamic Islamic Developer of Ootop Development is Islamic and Devlamic of Islamic, and the Islamic Development developer, and Devlamic, Islamic, and Development -Development, and develops Islam export or world hall products.
“Our goal is to increase the assets of our Islamic banks of AED986 billion to AED2.56 billion in six years and increase the value of the Islamic Sukuk list in the Arab Emirates attached to approximately 660 billion by 2031. Strategy.
HH Sheikh Mohammed Bin Rashid Added, “We Are Also Reviewed, Today, The Results of the UAE Tourism Sector for the Year 2024. The sector of Tourism, Travel, and hospitality in the country provin. and 000, and and and and and and And -back of Jobs, and Jobs, and Jobs, and contributing works, and contributed and worked, and contributed to a term, and contributed to toys and jobs, and contributed to the toy and jobs, and contributed to term 00 and jobs, and it is expected to get more than AED236 billion in 2024. We have the necessary infrastructure Raise the contribution of the sector to AED450 billion over the next six years.
HH Sheikh Mohammed Bin Rashid confirmed: “The Cabinet also appealed, today, an updated biosafety frame to improve our national capabilities in prevention and response, increase research and innovation efforts, Storeforce Otthorce Otthorce and Overthorce, and Outthorceen de Octhorce Outhorce, and outthorceen, Outthorceen, Outthorce, and Octighterce, and Octighterce, and Octighterce of Octighterce, and Octighterce, and Octighterce, and Octighterce de Octorce.
HH Sheikh Mohammed Bin Rashid concluded: “We also review updates on the small and medium -sized companies (SME).
The United Arab Emirates occupied the first place worldwide for the fourth consecutive year in the report of the International Business Leadership Observatory of 2024–2025 and 18 among the 100 mains of the world in the classification of emerging ecosystems in 2024. SME licenses have a year per year. Our goal is the continuous support and expansion of this sector, providing the best environment to launch and maintain small and emerging companies, which are a central pillar of our national economy. “
Duration The meeting, the EAU cabinet approved the EAU strategy for the Islamic Finance and Halal industry, with the aim of building a national Islamic finance sector worldwide, facilitating their activities and promoting leadership in sustainable finances. It also seeks to boost exports by increasing local ha hal production and reaching global Islamic markets.
By 2031, the strategy is aimed at significant growth, with the aim of increasing local Islamic bank assets to AED2.56 billion, to increase the local Sukuk emissions to AED660 billion, and the International Sukuk in the Eau list to AED395 billion.
In addition, the cabinet approved an updated second edition of the National Biosafety Framework (2023-2032), focusing on 3 main aspects: sustainable management of biological risks, prevention capabilities and response of strengthening, and promotion, and promotion and promotion and promotion. Key updates include developing a biological emergency management system, implementing relevant international agreements and reinforcing national experience.
The EAU Cabinet reviewed the performance of the Emirates Tourism Council and the positive results of the tourism sector, promoted by initiatives such as the “World’s Coost Winter” campaign and the National Tourism Charter.
The year 2024, the tourism results revealed that 30 million guests were recorded in the hotels in the country by the end of the year, obtaining an increase or 9.5 percent, compared to the previous year, the number of rooms grew 3 percent to 215,000 and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotels and hotel and hotel and. Tourism, including trips and hospitality, contributed to AED220 billion (11.7 percent) to the national economy 2023. It is projected that its contribution will reach the Aed236 billion in 2024 and provides around 800,000 jobs in 2023.
By reinforcing the EAU’s commitment to sustainable development and their national biofuel policy, the EAU cabinet reviewed several biofuel projects.
As part of the EAU commitment to provide excellent services to community members, the cabinet reviewed the preparations for the 2025 Hajj season, directed by the Eau Hajj Department of Affairs, which operates under the General Authority of Islamic Affairs and Endowments and Zakat and in association with local governments entities.
To promote the productivity and efficiency of federal employees, the EAU cabinet approved the updated performance management system for federal government employees (ENJAZATY). Focusing on strategic alignment, specialization, employee roles, results, the system promotes a culture of high performance, continuous feedback and learning, while emphasizing flexibility, transarence and a strong employer-employed relationship.
In legislative matters, the Cabinet further approved the issuance of legislative decisions related to the doctors of federal health centers, regulating spatial activities, sanctions related to nuclear regulation subsidies and public benefit organizations.
The cabinet also reviewed the implementation results of the Ministry of Human Resources and Emiratizations (Mohre). These included a labor market simulation model promoted by AI and an online platform that facilitates the analysis to support decision -making and solutions promoted by AI to current challenges. Automated solutions were also implemented that mimic human actions in digital systems.
The cabinet reviewed the latest updates on the national and medium -sized national sector (SME). The EAU occupied the first place worldwide for the fourth consecutive year in accordance with report 2024-2025 of the International Observatory of Business Leaders 2024444444444444444444444444444444444444444444444444 4444444444444444444444444444444444444444444444444444. 424444444444444444 STIGY. The country witnessed a growth of more than 160% in the SME licensees issued between 2020 and 2024.
In addition, he reviewed the performance results of the EAU Council for digital well -being, combined with national efforts to combat harmful online practices and social networks, such as blocking content and accounts related to drugs, interrupting telephone numbers, damage and prohibition.
Performance reports for 2024 were reviewed for numerous federal entities, including the Eau Space Agency, Emirates Drug Establishment, the Federal Authority for Nuclear Regulation, among others.
The cabinet also addressed the requests of the Federal National Council to discuss policies on public benefits organizations, support for national companies, consumer protection and improvements in traffic security.
The meeting agenda had the approval of the Restructuring Cabinet of the Genus Balance Council of the EAU, chaired by HH Sheikha Manal Bint Mohammed Bin Rashid al Maktoum, and including Mona Ghanem al Marri, vice president. The cabinet also approved the issuance of a resolution that restructured the EAU Gender Balance Balance Council, which allows it to carry out its duties and achieve its objectives in coordination with the relevant federal and local entities and the private sector.
The meeting also witnessed the approval of the Cabinet for the restructuring of the Eau Council for environmental and municipal work, chaired by its excellence Amna Bint Abdullah al Dahak al Shamsi, Minister of Climate Change and Aging, and the Emirates Drug Establishment of Tosor Emirates.
The EAU cabinet ratified four international agreements, focused on the promotion and protection of investments, with the Democratic Republic of the Congo, Uzbekistan, Somalia and the Philippines.
The cabinet also approved numerous mous and agreements, including an integral economic association with Azerbaijan and an agreement between the Arab Youth Center and the Heir Foundation of Jordan. In addition, the approved MOU approached the mutual recognition of competition certificates with Fiji, energy cooperation with Mongolia and Uzbekistan, and the exemption of visa with Sri Lanka.
In international matters, the cabinet approved the organization of eight world class events, including the regional committee meeting of the Intergovernmental Oceanographic Commission (IOC) for the central indico ocean; Conference and exhibition of the technology of the World Customs Organization; and the International Conference of the Operating Risk Working Group.
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