Mohammed bin Rashid chairs first UAE Cabinet meeting in 2021

Mohammed bin Rashid chairs first UAE Cabinet meeting in 2021

ABU DHABI, 24th January, 2021 (WAM) -- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, stated that 2020 was an exceptional year full of national achievements in all sectors worthy of pride, noting that he is proud of the government’s successes, despite the challenges caused by the coronavirus pandemic.

He was also optimistic that 2021 would be a different and exceptional year.

"The UAE is beginning a new decade while continuing its journey of prosperity and leadership, as well as looking forward to accomplishing greater achievements and reinforcing its economic, education, community and health sectors. Nothing will deter us from leading the race to the future," His Highness Sheikh Mohammed bin Rashid said.

He made this statement while chairing a meeting of the UAE Cabinet held today in Qasr Al Watan, Abu Dhabi, which was attended by H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, and H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.

During the meeting, the cabinet approved several decisions and initiatives, under the framework of federal government modernisation.

Approval of the general framework of the UAE Media Strategy During the meeting, the Cabinet presented the general framework of the "UAE Media Strategy," overseen by the UAE Government Media Office and comprising key orientations and initiatives aimed at strengthening the country’s position and reputation both regionally and globally, most notably in light of the recent media attention on the country, coinciding with its efforts to address the COVID-19 pandemic, the launch of the Hope Probe, the operation of the Barakah Peaceful Nuclear Power Plant, and the singing of the peace accord between the UAE and Israel.

"We have approved the general framework of the UAE Media Strategy for the upcoming period. The year, 2020, was a pivotal one, as the country received significant global attention, which required a different approach," His Highness Sheikh Mohammed further said.

"The UAE is ranked 18th in soft power indexes and 11th in terms of influence and is among the most active countries in the global scene. We will handle the international media with confidence, boldness, credibility and transparency, and we need to have a clear approach to address the new media, which has become influential," he added.

The strategy will intensify the role of government communication within the federal authorities, reinforce the concept of partnership, cooperation and integration between national media authorities, establish partnerships with global media entities, and manage the country’s reputation and its achievements within local and international media coverage, as well as create a digital media environment capable of keeping pace with rapid changes and interacting with the world.

The strategy will also focus on several national priority topics while relying on the efficient and influential presence of the government in all media outlets, promoting national culture and identity through all communication channels, and utilising modern technologies and digital media to interact with the public.

Federal Government Public Debt Strategy The Cabinet approved the "Federal Government Public Debt Strategy 2021-2023," in line with the current approach of the government to improve its financial planning, achieve financial sustainability and create a competitive economy based on knowledge and innovation.

The strategy is a general framework for motivating the national financial and banking sectors, through consolidating the UAE Investment Authority’s portfolio, establishing a bond market in the local currency and providing financing alternatives.

"We have approved the Federal Government Public Debt Strategy. Our goal is to establish a bond market in the local currency, provide financing alternatives for the federal government’s development projects, and strengthen the country’s financial and banking sectors," H.H. Sheikh Mohammed stressed.

The strategy also aims to develop and support an efficient financial market, finance the government’s infrastructure and development projects approved by the cabinet, diversify national financial markets, support the implementation of the fiscal policy of the Central Bank, and cover financial guarantees issued by the government.

Foreign university students allowed to invite family members to UAE The Cabinet approved a resolution to allow foreign university students to invite their family members to come to the UAE, as long as they can afford suitable housing. The resolution aims to achieve moral stability, which will support the country’s education sector and reinforce its position as a leading global destination for work and study.

"We have approved some amendments to our national residence and citizenship procedures by allowing foreign students to sponsor their families, providing they can afford it," Sheikh Mohammed pointed out.

Sheikh Mohammed said, "We approved changes in the residency and nationality procedures in the country by enabling foreign students to bring their families whenever they have the financial means.The UAE has become a regional educational destination with more than 77 universities and tens of thousands of students annually."

Formation of the Emirates Tourism Council The formation of the "Emirates Tourism Council," was approved by the Cabinet. It would be chaired by Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, to strengthen the tourism portfolio, drafting a tourism strategy in line with the nation’s aspirations and the UAE Centennial, and integrating all relevant local authorities and departments.

The council will be responsible for suggesting and revising policies and legislation that will support the tourism sector and national tourism development plans, as well as supporting the growth of tourism industries, attracting tourism investments, suggesting economic incentives to encourage the growth of the sector, establishing a comprehensive national tourism information database, and supporting small and medium-sized enterprises (SME) involved in the tourism sector.

"Today, we approved the establishment of the Emirates Tourism Council, to coordinate, market and support national tourism plans. The campaign, titled, "World’s Coolest Winter," highlighted the importance of working as one national tourism team and we aim to enable our youth to benefit from tourism opportunities around the country," Sheikh Mohammed said.

The council’s members include the Abu Dhabi Department of Culture and Tourism, the Department of Tourism and Commerce Marketing-Dubai, the Sharjah Commerce and Tourism Development Authority, the Ajman Tourism Development Department, the Umm Al Qaiwain Department of Tourism and Archaeology, the Ras Al Khaimah Tourism Development Authority and the Fujairah Tourism and Antiquities Authority.

Circular Economy Policy The meeting’s agenda also included the approval of the "UAE Circular Economy Policy," which is a comprehensive framework for determining the country’s approach to achieving sustainable governance and the ideal use of natural resources, by adopting consumption and production methods that ensure the quality of life for current and future generations.

"We have adopted the Circular Economy Policy. Our objectives are clean production, sustainable transport and consumption and efficient waste management, to protect the environment and generate new economic opportunities. We have also established a federal circular economy council to implement this strategy," Sheikh Mohammed stated.

The policy comprises several key objectives, including promoting environmental health, supporting the private sector in adopting clean production methods, and reducing natural environmental stress, to achieve the country’s vision to be a global pioneer of green development.

The policy is a framework for identifying the priorities in terms of consolidating the concept of the circular economy within several priority sectors, most notably green infrastructure, sustainable transport, sustainable manufacturing, sustainable food production and consumption, in addition to other areas, such as technology, innovation and research and development while raising awareness, building capacities, establishing partnerships and cooperation platforms, and achieving comprehensive waste management.

The policy and its outcomes are expected to generate considerable economic proceeds for the country, mitigate environmental pressures, ensure the supply of raw materials, increase competitiveness, motivate innovation, strengthen economic growth and create job opportunities.

Under the same framework, the cabinet approved the establishment of the UAE Circular Economy Council, chaired by Dr. Abdullah Belhaif Al Nuaimi, Minister of Climate Change and Environment , with its members representing federal and local authorities and the private sector. The Ministry of Climate Change and the Environment will be responsible for the council’s secretariat-general duties.

The council aims to oversee the drafting of a mechanism to implement the strategy, in coordination with relevant authorities, as well as approve performance indicators related to the strategy’s adoption, harmonise federal and local strategies within the policy’s requirements, suggest the general foundations of sectoral plans and project, encourage the participation of the private sector in projects and initiatives related to the circular economy, promote partnership between the public and private sectors, and advance scientific research in related areas.

At the end of the meeting, Sheikh Mohammed affirmed, "At the end of the first UAE Cabinet meeting in 2021, during our 50th year, we stressed that we will continue our efforts and the journey of recovery shall not stop. Health protection will remain our priority, and our community will overcome this year enthusiastically towards the future."

Renewal of the formation of several boards of directors The Cabinet renewed the formation of the Board of Directors of the Federal Authority for Nuclear Regulation (FANR), headed by Abdullah Nasser Al Suwaidi, with the membership of several national figures and representatives of relevant authorities, for three years. The members of the board include Razan Khalifa Al Mubarak, Hamad Ali Al Kaabi, Dr. Abdulqader Ibrahim, Abdullah Al Khayat, Dr. Ali Mohammed Shaheen Ahmed, Ali Khalfan Al Dhaheri and Fahad Mohammed Amer Al Hammed.

The cabinet also renewed the formation of the Board of Directors of the Securities and Commodities Authority (SEC) for three years, chaired by Abdullah bin Touq Al Marri, Minister of Economy, with the membership of Mohammed Ali Al Shorafa, Dr. Ali Mohammed Bakheet Al Rumaithi, Khalifa Ahmed Al Shehhi, Dr. Alyaziya Saleh Al Kuwaiti, Ahmed Abdullah Al Ali and Dr. Abdullah Abdulrahman Al Khateeb.

The new resolutions announced during the meeting include the approval of a mandatory Emirati standard for self-extinguishing systems for bus engine room fires.

The cabinet approved the budgets of the General Pension and Social Security Authority (GPSSA) and the Federal Tax Authority (FTA) for the 2021 fiscal year. Globally, it approved the establishment of an embassy in Tel Aviv, Israel, in addition to eight legal and penal affairs agreements with South Africa, Brazil, Turkmenistan, Australia and Kazakhstan.