Mohammed bin Rashid chairs UAE Cabinet meeting and approves an integrated platform for investment in vital sectors

Mohammed bin Rashid chairs UAE Cabinet meeting and approves an integrated platform for investment in vital sectors

UAE - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet meeting at Al Zorah Natural Reserve in Ajman, in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; and H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior.

His Highness Sheikh Mohammed bin Rashid Al Maktoum said, "I chaired the cabinet meeting. We approved the establishment of an integrated national platform that highlight opportunities for investors in various sectors, such as financial technology, tourism, manufacturing, and renewable energy. The platform, will be supervised by the Ministry of Economy.”

His Highness added: “Also, we approved the national building regulations and standards, which includes sustainability standards for roads, buildings, housing, etc... The goal is to decrease the consumption of natural resources and reduce the carbon footprint of the UAE.”

Foreign Investor Platform

The UAE Cabinet meeting approved the foreign investor compass project, which represents one of the transformative projects of the Ministry of Economy, and constitutes a qualitative leap in promoting the investment environment in the UAE, and highlighting