Abu Dhabi: The United Arab Emirates (UAE) on Sunday introduced a brand new legislation enhancing partnership between authorities and personal sectors.
This announcement got here throughout a cupboard assembly chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai at Qasr Al Watan within the capital, Abu Dhabi.
New public-private partnership alternatives
The cupboard issued a brand new legislation regulating the partnership between the private and non-private sectors.
The legislation is aimed toward organising partnerships between each sectors, encouraging the non-public sector to take part within the growth and strategic tasks, rising funding in tasks of financial and social values, and enhancing the competitiveness of tasks within the native, regional and international markets.
“Our purpose is to create alternatives and encourage the non-public sector to have interaction in developmental, financial and social tasks and to develop partnerships that result in bettering the standard of public providers,” mentioned Sheikh Mohammed.
UAE quickest in overcoming the consequences of the COVID pandemic; ranks first on the earth in 156 indicators
In a sequence of tweets, Sheikh Mohammed highlighted how the UAE has overcome the consequences of the COVID-19 pandemic. He mentioned, the UAE, led by Sheikh Mohammed bin Zayed, was the quickest in overcoming the consequences of the most important pandemic that has handed on humanity, and it was probably the most balanced between human well being and financial pursuits.
“Many nations within the east and west of the world are nonetheless affected by the consequences of the pandemic, and international commerce has not but regained its energy, however the UAE has turn out to be a mannequin and a worldwide exception within the velocity and energy of progress after the pandemic,” he added.
Sheikh Mohammed defined that the UAE’s growth indicators immediately achieved first place globally in 156 indicators, in comparison with 121 indicators earlier than the pandemic, and 432 indicators among the many prime ten globally, in comparison with 314 earlier than the pandemic.
UAE’s international commerce for the primary six months of this yr exceeded one trillion dirhams, in comparison with 840 billion Dirhams earlier than the pandemic, and our financial progress exceeded 22 per cent throughout 2022.
Tourism sector revenues cross 19 billion Dirham
The tourism sector’s revenues exceeded 19 billion Dirhams through the first half of 2022, and the entire lodge friends reached 12 million, attaining a progress of 42 per cent, and expectations of a powerful tourism restoration with the upcoming winter season.
UAE to license area’s first electrical cargo aircraft
The Cupboard additionally permitted non permanent licensing for the primary cargo plane within the area that runs on fully clear electrical power and with none emissions.
Taking to Twitter, Sheikh Mohammed mentioned the transfer is an “necessary step which will contribute to altering the way forward for the delivery sector and its environmental impacts”.
The non permanent licensing will assist obtain the necessities of different and inexperienced power, and scale back delivery prices for each suppliers and customers.
The Cupboard additionally permitted a number of worldwide agreements, together with an settlement with Spain to co-operate within the struggle towards crime, a partnership settlement with Indonesia and an settlement with the Worldwide Committee of the Purple Cross (ICRC) to ascertain an workplace within the UAE.
