The UAE government has unveiled a series of strategic policies and initiatives aimed at strengthening the country’s economic, social, and healthcare sectors. The announcements were made during a Cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, at Qasr Al Watan in Abu Dhabi.
Key Announcements from the UAE Cabinet Meeting
- National Investment Strategy – The UAE aims to increase foreign direct investment (FDI) inflows from AED 112 billion in 2023 to AED 240 billion by 2031, raising the total investment stock to AED 2.2 trillion.
- Expanding Trade with Africa – The UAE’s trade with sub-Saharan African countries grew by 87% in five years, reaching AED 235 billion as part of a long-term economic partnership.
- Digital Economy Expansion – The UAE is targeting a 19.4% GDP contribution from the digital economy, focusing on AI, blockchain, fintech, and smart infrastructure development.
- New Health Policies and Organ Transplant Expansion – A national policy to combat health risks was introduced, along with regulations for organ donation and transplantation. The country has seen a 30% increase in transplant operations.
- Research and Innovation Growth – The Emirates Council for Research and Development was restructured to enhance scientific research, technology advancements, and industry collaborations.
- Social Support Expansion – The budget for social support programmes increased to AED 3.5 billion, with a 37% rise in beneficiaries and 3,200 individuals transitioning to employment.
- Remote Work for Federal Employees Abroad – A new remote work system was approved to allow global experts to contribute to UAE government projects.
- International Agreements – The UAE signed 28 new international agreements, including economic partnerships with Malaysia, New Zealand, and Kenya, along with security and logistics agreements.
A Roadmap for Future Growth
The Cabinet’s latest policies reflect the UAE’s long-term vision of economic diversification, global competitiveness, and social development. By strengthening trade partnerships, embracing digital transformation, and enhancing healthcare and research, the UAE continues to position itself as a global leader in investment, innovation, and quality of life.
With these key policies and initiatives, the UAE remains committed to sustainable economic growth and long-term prosperity.
