His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired today a cabinet meeting during which he approved the governance of boards of directors at the federal level.
This came in a tweet that His Highness published through his account on the social networking site "Twitter", in which he said: "With the continued return of life to our vital sectors ... today I chaired a cabinet meeting during which we decided to develop the governance of boards of directors at the federal level ... to establish transparency ... and prevent conflicts of interests." The members of the Board of Directors with the company's activity or the multiplicity of their membership in other companies ... and in strengthening the mechanisms of supervision and regulation.
His Highness added: "As we decided today to establish" The Union for Digital Payments Company "... a national institution whose goal is to provide digital payment services to all our sectors in the state in a safe, fast and secure manner ... our national digital economy is in development ... and our institutions are keeping pace."
Today, we decided a system and criteria for determining the exchange of bonuses for workers in vital jobs during emergency times .. appreciation is a duty for everyone who contributed and participated in bearing the burdens with us during the crisis .. and we say to everyone who is always the best in the UAE.