UAE overseas commerce hits file AED 2.2 trillion

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The UAE’s overseas commerce exceeded AED 2.2 trillion in 2022, up 17 per cent year-on-year.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, revealed the figures throughout a cupboard assembly on Monday.

During the assembly at Qasr Al Watan Abu Dhabi, the cupboard expressed its condolences and sympathy to the individuals of Syria and Turkey following the devastating earthquake which struck the 2 international locations.

It additionally directed catastrophe reduction work groups within the UAE to offer all doable help to the 2 nations.

Artificial Intelligence 

The cupboard has assigned the competent entities to conduct an pressing examine on the potential advantages of latest A.I. applied sciences resembling ChatGPT for authorities work, and its influence on the tutorial, well being, media and different sectors.

National Space Fund

A National Space Fund will likely be established to help the implementation of bold initiatives within the discipline of house, help youth capabilities and competencies, and appeal to the perfect house firms to the UAE market.

The Fund will likely be managed and supervised by the UAE Space Agency.

National Framework for Sustainable Development

The UAE Cabinet accredited the National Framework for Sustainable Development, which goals to protect ecosystems and make sure the sustainability of the nation’s pure assets.

Meanwhile, the Ministry of Climate Change and Environment has been tasked with coordinating authorities efforts in preparation for COP28.

UAE Green Agenda 2030 

The Cabinet was briefed on developments within the implementation of the UAE Green Agenda 2030, which goals to realize the objectives of sustainable growth, and the goals of UAE Centennial 2071.

During the interval 2023-2030, the UAE will implement initiatives and initiatives to help the objectives of inexperienced economic system, together with growing its contribution to the GDP to five% by 2030, growing exports by about AED 24 to 25 billion by 2030, and lowering emissions from 430 kilowatt-hours in 2013 to lower than 100 kilowatt-hours by 2030. 

National insurance policies for Cybersecurity

The Cabinet accredited the National Policy for IoT safety, the National Programme for Cybersecurity Accreditation, the National Policy for Cloud Security, and a lot of associated insurance policies aiming at offering options for present and future challenges associated to cybersecurity.

The assembly additionally accredited the formation of a nationwide committee to fight cyber-attacks.

Made in UAE

The Cabinet adopted a choice on updating the “Made in the UAE” unified nationwide mark ecosystem, with a view to help nationwide merchandise.

The replace consists of simplifying the procedures for acquiring the mark, permitting industrial services in free zones to acquire it, and confirming the ability’s dedication to product security by means of the applying of conformity requirements. 

Nafis

The Cabinet was briefed on the developments of Emiratisation programmes within the personal sector, and issued a choice relating to the modification of some provisions associated to the objectives of the “Nafis” initiatives, in order that the annual goal for Emiratisation is split all year long by 1% within the first six months of the 12 months and the opposite 1% within the second half of the 12 months. 

The UAE Cabinet assembly accredited a choice relating to the issuance of govt laws for a lot of federal legal guidelines and legislations, together with the federal legislation relating to defending witnesses and secret sources; the federal legislation relating to accessing genetic assets and their derivatives; the federal legislation relating to personal well being services, in accordance with the UAE’s coverage relating to overseas investor possession; the federal decree-law relating to Electronic Transactions and Trust Services.

The assembly accredited the institution of embassies in a number of international locations, together with Copenhagen, Denmark; Prague, Czech Republic; Helsinki, Finland; and Ulaanbaatar, Mongolia.

The Cabinet accredited a number of worldwide agreements with a lot of pleasant international locations, together with Lithuania, the Democratic Republic of Ethiopia, Poland, Russia and Israel.

ترأست اليوم اجتماعاً لمجلس الوزراء بقصر الوطن بأبوظبي .. أعربنا في بدايته عن خالص تعازينا للشعب السوري الشقيق والشعب التركي الشقيق في ضحايا الهزة الأرضية المدمرة التي تعرضت لها الدولتان.. سائلين المولى عز وجل أن يجبر مصابهم ويلهمهم الصبر والسلوان .. pic.twitter.com/yZT6lUYgxH

— HH Sheikh Mohammed (@HHShkMohd) February 6, 2023