In preparation for hosting COP28, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved 78 environmental projects and initiatives.
This incorporates public techniques to diminish carbon and control the utilization of sun based energy items, practical the travel industry and different drives that help feasible and climate cordial turn of events.
Sheikh Mohammed posted on Twitter, “Today, I presided over the Cabinet meeting at Qasr Al Watan, Abu Dhabi, where we adopted the reformation of the board of directors of the Emirates Investment Authority, led by my brother Sheikh Mansour bin Zayed Al Nahyan.”
The UAE Cabinet also approved the UAE Service Export Development Agenda during the meeting, which aims to boost production and make Emirati exports more competitive on international markets.
Education and medical tourism are two of the five main areas that will be the focus of the agenda. By concentrating on the world’s best markets, Islamic financial services, the creative economy, and financial services are all possible.
“Today, we also approved the launching of DARAK, the new housing platform that provides citizens with solutions, exclusive offers, and banking facilities at all stages of construction,” Sheikh Mohammed added.
During the gathering, the Bureau embraced the reorganization of the governing body of the Emirates Speculation Authority (EIA), led by Sheik Mansour receptacle Zayed Al Nahyan, VP, Appointee Prime Endlessly pastor of Official Court.
The Emirati government’s policies for expanding exports by opening up to new global markets were reviewed by the Cabinet. The non-oil unfamiliar exchange arrived at phenomenal records as it crossed the Dhs2tn mark without precedent for history and added up to Dhs2.233tn in 2022, with a 17 percent development from that of 2021.
Moreover, it endorsed the new instructive model for the Higher Schools of Innovation, which will become effective toward the start of the scholarly year 2023/2024.
Higher Colleges of Technology are expected to make a stronger contribution to the nation’s workforce development system under the new model.
In addition to approving a number of international agreements with friendly nations, such as the Kyrgyz Republic and the Government of the Commonwealth of Dominica, the meeting went over a number of reports and accomplishments for the year 2022.
Additionally, the gathering endorsed a concurrence with the Islamic Improvement Bank in regards to the foundation of the bank’s provincial settle in the UAE, and the foundation of the UAE consulate in the Republic of Guinea in the city of Bissau, as well as the UAE’s appointment for enrollment in the Leader Leading body of the Unified Countries Human Settlements Program.
