Sheikh Mohammed chairs Cabinet meeting on Monday.

The UAE Vice President, Prime Minister and the Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, on Monday chaired the last cabinet meeting of 2020.

During the meeting formation of a number of new government entities were approved by the Cabinet.

The Cabinet approved the establishment of a National Commission for Human Rights in the UAE, which will monitor Human Rights situation in the country, enact policies and will co-ordinate with all concerned parties internally and externally to maintain the civilised level that the UAE has reached in this field.

The Cabinet also approved the restructuring of the Emirates Competitiveness Council to be headed by Muhammad Abdullah Al Gergawi.

The Council will begin its new year in 2021 with a new vision to consolidate the competitiveness of the UAE.

 The UAE is ranked first in the world in 121 key indicators  and the goal is to maintain the country's global supremacy in the field.

The Cabinet also approved the formation of a National Entrepreneurship Council headed by  Ahmed Belhoul.

It also approved a council to coordinate federal and local financial policies.

The Cabinet approved an executive office within the foreign ministry to confront money laundering and terror financing.

As part of the country's global commitments in the Paris Climate Agreement, the Cabinet adopted a set of Emirati environmental commitments and targets in the field of clean energy, carbon emissions, and others.

The Cabinet during its meeting on Monday also  approved the formation of a judicial coordination council headed by Sultan Al Badi.

It also approved an executive regulation regarding the protection of antiquities to preserve them and train national cadres in the field of excavation and antiquities.

“Our antiquities are our historical depth ... and as the founder of the UAE late Sheikh Zayed had said “he who has no past has no present. Or a future,” tweeted Sheikh Mohammed.