UAE Cabinet Meeting Approves 24 Initiatives to Double Re-Exports and Boost Economy

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On March 28, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, led the UAE Cabinet meeting at Qasr Al Watan, Abu Dhabi, where he approved 24 national initiatives aimed at doubling the UAE’s re-exports by 100% within seven years, supported by the country’s 50 commercial offices worldwide. Sheikh Mohammed also reviewed initiatives to attract global talent, including the UAE’s impressive ranking in the “Competent Senior Managers” category. The meeting examined the results of the Higher Commission Free Trade Negotiations and signed four international agreements with four countries.

 The UAE will host the International Union for Conservation of Nature World Conversation Congress (IUCN) in 2025, and the cabinet approved the reformation of the UAE Council for Digital Wellbeing and the UAE Genomics Council. The cabinet also approved new federal laws and ratified international agreements during the meeting.