An integrated platform supervised by Al-Eqtisad, which highlights opportunities for vital sectors

Mohammed bin Rashid approves the "foreign investor's compass"

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, presided over an extraordinary meeting of the Council of Ministers, which was held in the Al-Zawra Nature Reserve in the Emirate of Ajman, in the presence of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Vice Chairman of the Council of Ministers. Ministers, Minister of Finance, and Lieutenant General H.H. Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior.

His Highness Sheikh Mohammed bin Rashid Al Maktoum said: “Today, in the Council of Ministers, we approved the launch of an integrated national platform, which represents a compass for investment in vital sectors such as financial technology, tourism, manufacturing, renewable energy and others. The platform, which is supervised by the Ministry of Economy, works on Showing opportunities in all these sectors to investors of all categories.

His Highness also said: "Today, we approved the National Building Regulations in the country, which includes sustainability standards for roads, buildings, housing, etc.. The goal is to reduce the use of natural resources and the carbon footprint, and to promote environmental sustainability standards for building in the UAE."

His Highness added, "Today, we adopted a decision to raise the efficiency and readiness of border crossings and free zones, enhance capabilities, and standardize procedures and requirements, in line with the best international security standards in this field."

In detail, the Cabinet approved the foreign investor’s compass project in the targeted sectors, which represents an integrated national platform, aimed at promoting the investment environment in the UAE, and highlighting the country’s capabilities in the targeted sectors, by identifying the most prominent features of each sector, and highlighting the opportunities and vital areas for investment available in it. And provide important information about the investment environment, and review the preference enjoyed by the investor, when choosing to invest in a specific sector in the UAE, through an electronic platform, guides and promotional tools, representing the foreign investor’s compass in specific sectors, namely: financial technology, and technology Agriculture, health care, education, communications and information technology, media and entertainment, e-commerce, tourism, space, logistics, manufacturing, medical tourism, renewable energy, creative industries, smart cities, and other strategic sectors at the state level.

National Building Regulation

The Council also approved the National Building Regulations for the State, which includes sustainability guides for buildings, roads, and federal housing, and the National Guide for Building Sustainability for the axes of operation and maintenance, to ensure the achievement of strategic results and targets, in terms of reducing the use of materials and natural resources by 15%, and reducing the carbon footprint by 5%. %, reducing energy in roads by 45%, reducing energy in buildings and housing by 25%, reducing water consumption by 16%, and supporting the green economy.

These guides focus on seven sectors that support the country's efforts to promote the principles and goals of sustainability, namely: energy, materials and waste, environment and climate change, operations management, quality of life, in addition to the well-being and comfort of the beneficiary of these projects.

Promote healthy lifestyles

The Cabinet also approved the national policy to promote healthy lifestyles in the country, which aims to reduce indicators related to unhealthy lifestyles, improve the quality of healthy life for the individual and society, create healthy environments that promote and protect the rights of all persons of all ages, and support capacity building by strengthening structural and institutional capabilities. And human and health systems, and redirecting them to the process of preventing diseases associated with an unhealthy lifestyle, and encouraging multi-sectoral partnerships, to ensure effective preventive interventions for problems and diseases related to an unhealthy lifestyle, and consolidating the concept of community partnership, by increasing the awareness of community members about healthy behaviors aimed at a healthy and long life .

Smart Health Initiative

The Cabinet approved the comprehensive smart health initiative aimed at developing health services in the country, through partnership and cooperation between various governmental health agencies and private sector institutions, and work to develop and update the rules governing the use of modern methods and technologies, to provide advanced digital health services, in a way that ensures strengthening efforts The state, the efficiency of health devices, and achieving a quantum leap in this field, including medical advice and diagnosis, prescribing and dispensing medical products, conducting remote medical interventions, remote medical follow-up and monitoring, and setting controls and conditions for providing 100% remote health services.

"Clean UAE" Campaign

The Council also approved the launch of the “Clean Emirates” campaign initiative, coinciding with the International Volunteer Day, corresponding to December 5, 2022. Federal and local volunteering, by cleaning up tourist destinations in the country, in cooperation with the Emirates Environmental Working Group, and the initiative works to enhance the role of federal government employees, in supporting the volunteer work process, spreading the culture of volunteering, supporting the environment file, and the state’s efforts to host the COP28 conference, in addition to participating in The most beautiful winter campaign in the world.

Organizing federal government purchases

The Council approved the issuance of a federal law regarding the organization of federal government procurement, with the aim of governing the legislative framework for procurement operations in the government, unifying and regulating the rules and methods of procurement in all federal entities, and ensuring that procurement activities and their evaluation are carried out in accordance with the highest standards of quality, standards and sustainable development, and focus on supporting Small and medium enterprises and the national economy, serving the UAE and its agenda aimed at achieving a sustainable economy, based on knowledge, competitiveness and experience.

The Cabinet reviewed the recommendations of the Federal National Council regarding the policy of the Ministry of Health and Community Protection, regarding the promotion of mental health in the country, and the Council approved the budgets of the Federal Tax Authority, and the budget of the General Pension and Social Security Authority, for the fiscal year 2023.

The council also reviewed the report of the Ministry of Culture and Youth on the national strategy for cultural and creative industries 2021-2031, and the report on the achievements and work of the Emirates Investment Authority, during the period from 01/01/2022 to 09/30/2022.

The Council approved the issuance of a number of governmental legislations, including a decision regarding ports and free zones in the country, amending the executive regulations regarding credit information services, amending the Cabinet’s decision regarding the services of the Ministry of Economy related to auditors, and issuing a decision regarding updating judicial advertisement services, which are carried out through Private companies and institutions, within the services of the Ministry of Justice. The Council also approved the issuance of a decision regarding reorganizing the provision of training and development services provided by the Emirates Health Services Corporation.

Vice President of the State:

■ "We have adopted the National Building Regulations, which include sustainability standards for roads, buildings, housing, etc.. The aim is to reduce the use of natural resources and the carbon footprint, and to promote environmental sustainability standards for construction in the country."

■ "We adopted a decision to raise the efficiency and readiness of border crossings and free zones, enhance capabilities, and standardize procedures and requirements, in accordance with the best international security standards in this field."

 Within the agenda of the council meeting:

• Adopting a national platform that represents the foreign investor's compass.

• Adopting the national policy to promote healthy lifestyles in the country.

• Adopting a comprehensive smart health initiative.

• Adopting the national building regulations for the state.

• Issuing a federal law regulating federal government purchases.

• Ratification of four agreements and accession to the Beijing Agreement in the field of civil aviation.

• Approving the launch of the "Clean Emirates" campaign initiative, coinciding with the International Volunteer Day.

Residential grants

The Council of Ministers reviewed a detailed study on the monthly income ceiling for requests for housing aid and grants within the Sheikh Zayed Housing Program, and proposals submitted to study some categories and cases that require consideration of some cases of housing grants for citizens with limited incomes who do not meet the conditions of loans, and to respond to requests from the category of citizens who Their income exceeds the grant entitlement ceiling, according to standards and controls to be coordinated with the concerned authorities.

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