This scheme manages the investments and development of the assets of the UAE government and aims to increase the income of the budget of the federation through these investments.
During the Cabinet meeting, 78 environmental projects and initiatives were approved by the UAE to host the COP28 global event, which include national strategies to reduce carbon and regulate the use of environmental products. solar energy, sustainable tourism and other initiatives that support sustainable and environmental development. friendly development of the Emirates.
The council also reviewed the results and achievements of the Emirates Council for Food Security, which included the Agricultural Climate Innovation Initiative in cooperation with the United States, the creation of a global platform for innovation agriculture in cooperation with the World Economic Forum, the creation of the Food Technology Valley in Dubai and other projects.
The Council of Ministers approved the state program for the development of service exports, which will focus on education, medical tourism, traditional and Islamic financial services and creative economy services.
The UAE Ministry of Economy will work to establish international partnerships and develop programs to support UAE companies exporting internationally in these sectors. the country’s foreign trade in 2022, as the UAE’s non-oil foreign trade exceeded the MAD 2.2 trillion barrier for the first time.
The “Darak” platform was also launched, which aims to provide construction solutions, banking facilities and exclusive offers to the citizen during the construction of his house. The aim is for the Emirati citizen to get the same business facilities that government agencies get during construction. , with the aim of reducing costs and improving quality.
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