Sheikh Mohammed chairs cabinet meeting at Qasr Al Watan in Abu Dhabi on Sunday.
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has affirmed that enhancing competitiveness ranking in all sectors plays a key role in the development strategies adopted by the country to further advance government performance and enhance the quality of life for citizens and residents.
The remarks by Sheikh Mohammed came during the UAE Cabinet meeting held on Sunday at Qasr Al Watan in Abu Dhabi.
The meeting reviewed a detailed report on the performance of the UAE in the most important global competitiveness indicators.
During the meeting, Sheikh Mohammed stressed that competitiveness is not a goal in itself, but rather a means to further enhance the performance and competence of all sectors, thus ensuring a high quality of life for citizens and residents.
Sheikh Mohammed said that attaining sustainable competitiveness within government work allows for the development of more flexible plans and policies that rise to the changes at the current stage.
The report presented by the Federal Competitiveness and Statistics Authority reveals that the UAE ranked first globally in 121 indicators, first in the Arab world in 479 indices, and among the top ten countries in 314 indicators.
Following the recent ministerial formation, the Cabinet has approved 4 new organisational structures for Ministry of Economy, Ministry of Culture and Youth, Ministry of Industry and Advanced Technology, and Ministry of Energy and Infrastructure.
The Cabinet has also approved a Federal Decree-Law on private education, with the aim of organising the educational process in private schools, raising the quality of education, and stimulating competition between private schools.
The law also regulates the licencing of private schools, approval of educational curricula, and the safety of students.
The Cabinet also approved Federal Decree-Laws on the amendment of the penal code (Criminal Law), the Commercial Transactions Law, the Securities and Commodities Law, the Insurance Law, and the organisation of the telecommunications sector law.
Furthermore, the Cabinet approved the executive regulations of the Federal Law concerning the practice of the medical profession, which comprises detailed rules, provisions and procedures aimed at facilitating the implementation of the law.
At the international level, the Cabinet approved agreements between the government of the UAE and a number of friendly countries to prevent double taxation, including the Republic of Chile, the Arab Republic of Egypt and the Republic of Zambia, in addition to an agreement with the Republic of Zambia on the encouragement and mutual protection of investments.
During the meeting, the Cabinet reviewed a number of government reports in various sectors, including the report of the financial statements of the Emirates Development Bank and the report of the external auditor for the fiscal year 2019, in addition to a report on the performance of the insurance sector in the country.
Also present in the meeting were Lt. General Sheikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, and Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.
The Cabinet, under the chairmanship of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved a Resolution that obliges residential homeowners to install fire detector devices and subscribe to the Civil Defence e-system.
Sheikh Mohammed said, "We want to achieve a qualitative leap in infrastructure, energy and transport fields as part of a vision that combines inclusiveness and integration and takes into account balance and sustainability and enhances our competitiveness regionally and globally."
The Cabinet expressed its confidence that the agreement will form a tributary of peace and stability that supports the aspirations of the peoples of the region and enhances its relentless pursuance to achieve prosperity and progress.
The dramatic performance ‘Seeds of the Union’ was broadcast live from Abu Dhabi at 6:15 pm. The show took the form of a moving sculpture surrounded by sea and illuminated by visuals portraying themes inspired by UAE history and values.
Global Village in Dubai sets off a massive fireworks display for its guests and Dubai residents on the occasion of the 49th UAE National Day on Wednesday night.
To mark its 49th National Day, the UAE launched the surveillance satellite Falcon Eye into space from the French Guiana Space Centre, in South America, at 5:33am UAE time (01:33 GMT).
The department of health said in a statement, “The government has today accepted the recommendation from the independent Medicines and Healthcare products Regulatory Agency (MHRA) to approve Pfizer-BioNTech's Covid-19 vaccine for use."