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10 UAE Cabinet meeting highlights: Economy update, earthquake support, COP28, space exploration, cyberthreats and more

UAE Cabinet reviews economy, updates Emiratisation deadlines, introduces cybersecurity plan, defines COP28 goals and more

UAE cabinet 2023
UAE Cabinet met on Monday to discuss the country’s economy, environmental plans, cyber security and more.

The UAE Cabinet met on Monday to discuss the country’s economy, environmental plans, cyber security and more.

At the meeting Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai and cabinet members addressed a variety of plans and recent achievements.

The UAE also expressed support for victims of the devastating earthquakes in Turkiye and Syria.

UAE Cabinet meeting highlights

The UAE Cabinet meeting at Qasr Al Watan Abu Dhabi on Monday.

Major announcements included an update in the country’s record-breaking economic performance in 2022 as well as the changing of deadlines for private sector firms to hire Emiratis.

Check out the key takeaways from the latest UAE Cabinet meeting below.

UAE cabinet meeting 2023
UAE Cabinet met on Monday to discuss the country’s economy, environmental plans, cyber security and more.

Support for earthquake victims

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai shared condolences with the people of Syria and Turkiye and said the UAE would provide support.

He said: “Today, I chaired the UAE cabinet meeting in Abu Dhabi. We expressed our sincere condolences and sympathy to Syrian and Turkish people, as well as the families of victims.

“Based on the directives of President Sheikh Mohamed bin Zayed Al Nahyan, all disaster relief work teams have been directed to coordinate with the two brotherly countries to provide all kinds of aid.”

UAE non-oil foreign trade

The non-oil foreign trade of the UAE achieved record growth rates in 2022, reaching AED2.23tn ($600bn), with a growth rate of 17 percent compared to 2021.

The exceeded the AED2tn barrier for the first time in history.

This achievement comes after the country’s non-oil foreign trade achieved a growth of 12 percent in 2020, recording AED1.496tn, and recorded a jump of 28 percent in 2021 to reach AED1,911 trillion.

Sheikh Mohammed Dubai

The National Framework for Sustainable Development

The UAE Cabinet approved the National Framework for Sustainable Development, which represents a comprehensive framework for all approved national strategies, policies and agendas concerned with organising environmental work in the country, and maintaining a sustainable environment that supports economic growth.

The framework includes 5 main pillars:

  • Nature
  • Environmental health
  • Climate change
  • Living organisms
  • Biosecurity.

The National Framework aims to enhance the quality of life in the country, promote diversification and economic prosperity, preserve the UAE’s ecosystems, sustain its ecological resources and services, and support the achievement of the 2030 Sustainable Development Goals.

In 2022, the UAE topped the Yale University’s 2022 Environmental Performance Index in six environmental indicators globally, becoming the first regionally, in the Arab world and in the Gulf.

UAE COP28
The UAE’s COP28 President-Designate, Dr. Sultan Al Jaber

COP28 and Green agenda

As part of the ongoing preparation for the UAE to host the 28th Conference of the Parties (COP28), the cabinet approved assigning the Ministry of Climate Change and Environment to coordinate with federal and local authorities to prepare the country’s readiness plan for the event, and ensure the participation of federal government entities in organising this global event.

The Cabinet was briefed on developments in the implementation of the UAE Green Agenda 2030, which aims to achieve the goals of sustainable development, and the objectives of the UAE Centennial 2071.

During the coming period 2023-2030, the UAE will implement initiatives and projects to support the goals of green economy, including increasing GDP by 4 per cent to 5 per cent by 2030, increasing exports by about AED24bn to AED25bn by 2030, and reducing emissions from 430 kilowatt-hours in 2013 to less than 100 kilowatt-hours by 2030.

UAE Emirati Astronaut ISS space
More details on the UAE mission to the International Space Station have been released

National Space Fund

During the meeting, a resolution regarding the establishment of the National Space Fund was adopted. The fund which will be managed and supervised by the UAE Space Agency, aims to build national capabilities and competencies, raise the economic contribution to diversifying the national economy, and consolidate the UAE’s position in the space sector.

The fund is set to develop the infrastructure supporting the space industry, and create an appropriate environment to attract startup companies in space.

In addition, the National Space Fund aims at adopting governance systems to achieve leadership in the space sector, attracting specialised global companies, and building partnerships between national and international advanced technology companies.

uae new year cyber attack
Image: Canva

National policies for Cybersecurity

The cabinet meeting approved the National Policy for IoT security, the National Programme for Cybersecurity Accreditation, the National Policy for Cloud Security.

In addition to a number of related policies aiming at providing solutions for current and future challenges related to cybersecurity.

The meeting also approved the formation of a national committee to combat cyber-attacks.

Advance Government work with AI technologies

The cabinet approved a policy to raise the efficiency of government work through the use of artificial intelligence technologies.

The policy includes standards and guidelines that guarantee safe use of AI, and the scope of its use in government work.

The policy aims at increasing the productivity and efficiency in various sectors, enhancing competitiveness and the quality of government services, and provides more training opportunities for employees.

Made in UAE

The Cabinet adopted a decision on updating the “Made in the UAE” unified national mark ecosystem, in order to support national products.

The update includes simplifying the procedures for obtaining the mark, allowing industrial facilities in free zones to obtain it, and confirming the facility’s commitment to product safety through the application of conformity standards.

uae emiratisation nafis 2023
Image: Canva

Nafis and Emiratisation

The cabinet was briefed on the developments of Emiratisation programmes in the private sector.

It also issued a decision regarding the amendment of some provisions related to the goals of the “Nafis” initiatives, so that the annual target for Emiratisation is divided throughout the year by 1 percent in the first six months of the year and the other 1 percent in the second half of the year.

Other business

The UAE Cabinet meeting approved a decision regarding the issuance of executive regulations for a number of federal laws and legislations, including the federal law regarding protecting witnesses and secret sources; the Federal Law regarding accessing genetic resources and their derivatives; the federal law regarding private health facilities, in accordance with the UAE’s policy regarding foreign investor ownership; the Federal Decree-Law regarding Electronic Transactions and Trust Services.

The Cabinet approved a resolution regarding the structure of Islamic sukuk.

The meeting has approved the establishment of a number of embassies in several countries, including Copenhagen, Denmark; Prague, Czech Republic; Helsinki, Finland; Ulaanbaatar, Mongolia.

The Cabinet approved several international agreements with a number of friendly countries, including the Lithuania, Ethiopia, Poland, the Russian Federation and Israel.

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