The investment fund will support development initiatives to promote regional economic cooperation between the two countries. Fund allocations will derive from government and private sector institutions.
The UAE has made innovation a way of life and an administrative approach to modernising government work and strengthening sustainable economic development based on clear plans and strategies,
Sheikh Mohammed said: "Today I chaired the first cabinet meeting in the new year and the "New 50." A good start on a blessed Friday Our first decision is to fully apply the new approach for the federal government work during the coming phase to achieve more effective transformational projects and enhance our economy."
I chaired a cabinet meeting today, where we adopted a housing loans budget of Dhs12 billion for Sheikh Zayed Housing Programme during the coming years. The aim is to fulfil accumulated and expected requests and reduce the waiting period during the coming years." tweets Sheikh Mohammed.
The UAE Cabinet has issued resolution No.13 of 2022 designating one individual and five entities on its approved list of persons and organisations supporting terrorism (Local Terrorist List).
The UAE Cabinet on Monday approved the establishment of the UAE Council for Digital Economy chaired by Omar Bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications.
The cabinet approved the convening of the UAE Government Annual Meetings on Nov.22, 2022, in Abu Dhabi. The meetings will be attended by 500 senior federal and local officials.
Sheikh Mohammed Bin Rashid Al Maktoum said the fund aims to support the establishment of national companies in the space sector.
The cabinet approved the general budget of the Federation 2023-2026 with total expenditures of Dhs252.3 billion and total revenues of Dhs255.7 billion.
The Federal Authority for Identity and Citizenship (FAIC) has announced the launch of a mechanism for applying for permanent golden residency through a dedicated website for entrepreneurs and specialised talents to view the submitted applications and the procedures followed to grant a permanent golden residency.