In a recent Cabinet meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, significant decisions were made regarding the restructuring of the Ministry of Human Resources and Emiratisation. The meeting, held at Qasr Al Watan in Abu Dhabi, also saw the establishment of a coordinating council for the UAE’s labour market.
New Passport Regulations and Labour Market Updates
One of the key highlights of the meeting was the approval of new amendments to the executive regulations of the Federal Law on Nationality and Passport. Emirati citizens aged 21 and above are now eligible to extend the validity of their passports for 10 years, in line with the new regulations. This decision aims to streamline passport processes and provide added convenience to citizens.
Sheikh Mohammed shared insights into the UAE’s standing in the global labour market, emphasizing its top rank in several areas. According to the IMD World Competitiveness Yearbook, the UAE leads globally in the lack of labour disputes. Additionally, the country ranks first in its ability to attract talent, as per the Talent Attractiveness Index, and third in digital skills. These rankings underscore the UAE’s commitment to fostering a competitive and dynamic labour market.
Enhanced Support for the Workforce
Acknowledging the vital role of the workforce in driving economic growth, Sheikh Mohammed underscored the government’s dedication to protecting their rights and promoting their well-being. With over 7 million employees covered under unemployment insurance and nearly 99% under the Workers’ Protection Insurance Programme, the UAE demonstrates its commitment to safeguarding the workforce.
The restructuring of the Ministry of Human Resources and Emiratisation and the establishment of a coordinating council for the labour market reflect the government’s efforts to enhance market stability and competitiveness. By prioritizing the welfare of employees and ensuring their rights are upheld, the UAE aims to lay solid foundations for sustained national economic growth.
Progress Towards Economic Goals
During the meeting, the results of the ‘Dh300 billion project’ were reviewed. Launched in 2021, this initiative aims to increase the industrial sector’s annual GDP contribution to Dh300 billion by 2031. Notable progress has been made, with the sector’s contribution to the country’s GDP reaching Dh197 billion, up from Dh132 billion. Sheikh Mohammed expressed confidence in achieving the project’s goals, highlighting the positive impact of initiatives such as the National Content Programme in driving industrial growth.
Biofuels Policy and Future Initiatives
In line with the UAE’s commitment to sustainability, the Cabinet approved a national policy for the circulation and manufacture of biofuels. This policy aligns with the country’s efforts to promote clean, sustainable, and low-carbon energy sources, supporting its transition towards a greener future.
Furthermore, amendments to the executive regulations of the Federal Law on Nationality and Passport include comprehensive digital services and additional facilities for passport holders. These enhancements aim to streamline passport procedures and enhance overall service delivery for citizens.
Conclusion
The decisions made during the Cabinet meeting reflect the UAE’s proactive approach towards strengthening its labour market, supporting economic diversification, and promoting sustainability. With a focus on enhancing market stability, protecting workforce rights, and fostering innovation, the UAE continues to position itself as a global leader in economic development and sustainability initiatives.