The UAE government has approved a new work system allowing federal employees to work remotely from outside the country, alongside a six-year national investment strategy aimed at doubling foreign direct investment inflows by 2031.
The initiatives were announced during a Cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.
The remote work policy seeks to attract international talent to contribute to government projects, studies, and specialised tasks.
“In the government affairs, we also approved the Remote Work System from Outside the Country in the Federal Government, enabling the UAE to tap into global expertise and specialised talent to execute projects and studies for federal entities,” Sheikh Mohammed said, according to a statement by the Emirates News Agency (WAM).
UAE Cabinet unveils six-year plan to triple foreign direct investment inflow by 2031
The national investment strategy targets increasing annual FDI inflows from AED112 billion in 2023 to AED240 billion by 2031, while raising total foreign investment stock from AED800 billion to AED2.2 trillion during the same period.
“This strategy will focus on vital sectors including industry, logistics, financial services, renewable energy, and information technology,” Sheikh Mohammed said following the meeting. “The UAE continues to develop its economy, open new markets, attract investments, and create the best business environment globally.”
The Cabinet also reviewed the progress of UAE’s strategic partnerships with African nations, noting that 95 per cent of previously approved initiatives have been successfully implemented, resulting in an 87 per cent increase in trade volume with Sub-Saharan Africa, from AED126.7 billion in 2019 to AED235 billion over five years.
Additionally, the National Digital Economy Strategy was discussed, which aims to increase the digital economy’s contribution to GDP from 9.7 per cent to 19.4 per cent.
In healthcare, the Cabinet approved a new National Policy for Combating Health Risks and Executive Regulations for Organ and Human Tissue Donation and Transplantation.
Sheikh Mohammed noted that the UAE now has more than 13 licensed transplant centres, with a 30 per cent increase in transplant procedures.
The Emirates Research and Development Council was restructured under the chairmanship of Sheikh Abdullah bin Zayed Al Nahyan to define national research priorities and enhance collaboration between government entities, the private sector, and academia.
In social affairs, the Cabinet approved decisions to enhance the social support system, with the annual budget for social support programmes increasing by 29 per cent to nearly AED3.5 billion and beneficiaries rising by 37 per cent.
The Cabinet also approved 28 international agreements, including economic partnership agreements with Malaysia, New Zealand, and Kenya.
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