Sheikh Mohammed bin Rashid outlines national priorities as UAE prepares to double GDP by 2031

He further noted: “Our priorities during the next phase are based on three main pillars: maintaining the UAE’s economic and development momentum; focus on youth; and promote sustainable projects.”

Sheikh Mohammed stated that the UAE Government Annual Meetings embody the vision of the President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, to boost the national labor ecosystem and lay the foundation for the UAE’s development vision to serve the interests of the country and its people.

In detail, Sheikh Mohammed described the three priorities:

1. Maintain and strengthen the country’s economic and development momentum by developing policies and legislation, streamlining procedures, improving services and launching a new set of incentives.

2. Pay greater attention to young people by reinforcing their values ​​and sense of identity, supporting their projects and creating economic and employment opportunities to ensure they prosper; 3. Rethink development projects to ensure higher levels of sustainability and preserve resources and the environment for future generations, integrating sustainability into UAE policies, laws and future development projects.

Furthermore, Sheikh Mansour stated that the UAE, under the wise leadership of Sheikh Mohamed bin Zayed, and in line with the directives of Sheikh Mohammed bin Rashid, gives citizens top priority and provides all kinds of support to the issues and vital sectors. as fundamental pillars of the growth and advancement of society.

His statement came during his meeting with the secretaries of the emirates’ Executive Councils, which was attended by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs; Maryam Al Hammadi, Minister of State, Secretary General of the UAE Cabinet; and Rashid Saeed Al Ameri, Undersecretary of the Government Coordination Sector of the Presidential Court, as part of the UAE Government Annual Meetings

Sheikh Mansour added: “We are interested in strengthening joint work and cooperation between the Executive Councils of all emirates, in order to accelerate growth in various sectors and coordinate the efforts of federal and local governments to achieve the objectives nationals”. .

Attendees also discussed a variety of important topics such as emiratization, investment, the legislative system, statistical data and government coordination, being topics of high priority for the country’s leaders, in addition to strengthening federal and local coordination to improve position of the UAE as a country. world economic center.

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, attended the Annual Meetings of the UAE Government. Sheikh Khaled highlighted the importance of these discussion sessions to bring together all federal and local government entities to identify government priorities and review key updates on government plans and initiatives.

He also attended a discussion session held as part of the meetings and highlighted national objectives for exporting AI applications and systems. The roundtable included the participation of Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; and Faisal Al Bannai, Secretary General of the Advanced Technology Research Council.

The first day of the UAE Annual Government Meetings 2023 began with a keynote speech by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, where he addressed the UAE’s achievements in the past period.

He said 94 per cent of 2023 projects and initiatives within the ‘We, the UAE 2031’ program were achieved. Additionally, during this year, the UAE ranked among the top 10 countries in the Soft Power Index and topped the MENA region in the Global Food Security Index.

Al Gergawi noted during his session that this year the United Arab Emirates became a member of the BRICS group; ranked fourth globally in terms of international tourist spending, with visitors spending Dh224 billion in the country last year; in addition to registering a new notable economic achievement, with non-oil foreign trade registering exceptional growth rates by exceeding Dh1,239 trillion with a growth of 14.4 percent.

Maryam Al Hammadi, Minister of State and Secretary General of the UAE Cabinet, reviewed the most significant changes to the UAE legislative system during 2023, highlighting the finalization of 200 specialized decrees and laws in the last three years.

During a keynote session, Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, and Faisal Al Bannai, Secretary General of the Advanced Technology Research Council, reviewed the UAE’s potential to become a major player in the global AI market.

Likewise, the activities of the first day witnessed the launch of the new Government Excellence Model (GEM), which seeks to reduce the time and effort of authorities and facilitate the steps and requirements of the evaluation process. This occurred during a session for Marwan Al Zaabi, Director of the Sheikh Khalifa Government Excellence Programme.

Abdul Rahman bin Mohammad bin Nasser Al Owais, Minister of Health and Prevention, discussed during his session a series of transformative projects in the health sector, including a sustainable national early detection system, and a series of primary health services and mechanisms of relevant financing.

Abdullah bin Touq Al Marri, Minister of Economy, and Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, noted that the United Arab Emirates continues its efforts to expand international cooperation in various economic and development sectors, in order to improve preparation for the future. . This came during a session discussing the development of the UAE’s food economic bloc and its contribution to promoting economic growth.

Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, discussed during a keynote session the most important economic priorities and opportunities through cooperation with the African continent, noting that the UAE, under the vision and guidance of its leadership, is building the strongest and fastest country. growing economic model.

The first day’s agenda also included a session on the construction of an integrated housing complex in collaboration with the private sector in record time. During the session, Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, highlighted that cooperation with the private sector aims to develop integrated housing complexes, ensuring lower costs and faster completion. He noted that the partnership with the private sector will contribute to providing financial solutions that support the issuance of 13,000 housing decisions, worth Dh11.5 billion, until 2026.

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, reviewed the impact of foreign trade agreements on the national economy and the expansion of the UAE’s trading partner network through the Comprehensive Partnership Agreement program Economic, which aims to increase the country’s foreign trade. -Oil trade will reach AED 4 trillion by 2031.

During a session titled ‘How to double GDP by 2031’, Bin Touq stated that the Ministry is continuously working with its partners to double the GDP of the national economy, particularly in the sectors of circular economy, agrotechnology, fintech, biotechnology, artificial intelligence and space. .