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Showing posts with the label UAE Cabinet

From Emiratisation drive to COP28 summit, exploring UAE’s accomplishments in 2023 and plan for 2024

  The UAE's Cabinet approved its 2024 plan, emphasizing sustainability and highlighting the country's achievements in 2023. Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, highlighted the Emiratisation drive, Zayed Housing Programme , economic diversification, and trade exchange between the UAE and the GCC countries.  The Nafis Programme , launched in September 2021, saw 92,000 Emiratis join the private sector, demonstrating the UAE's commitment to improving labor market efficiency. Over 4,300 housing decisions were issued, with the Zayed Housing Programme aiming to improve the quality of life for UAE citizens. The UAE's non-oil GDP reached a growth rate of 5.9% in the first nine months of 2023, making it the second-highest home ownership rate globally.  The GCC country secured the top spot globally in over 215 developmental, economic, and human indicators in international reports. The hospitality sector grew by 11.6% due to the number of visitors to tour...