# UAE Cabinet Meeting Summary
His Highness Sheikh Mohammed bin Rashid Al Maktoum, **Vice President**, **Prime Minister**, and **Ruler of Dubai**, chaired the UAE Cabinet meeting at **Qasr Al Watan** in Abu Dhabi.
## Attendees:
– H.H. Sheikh Mansour bin Zayed Al Nahyan, **Vice President**, **Deputy Prime Minister**, and **Chairman of the Presidential Court**
– H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, **Crown Prince of Dubai**, **Deputy Prime Minister**, and **Minister of Defence**
– H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, **First Deputy Ruler of Dubai**, **Deputy Prime Minister**, and **Minister of Finance**
– H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, **Deputy Prime Minister** and **Minister of the Interior**
## National Investment Strategy
H.H. Sheikh Mohammed announced the approval of the **National Investment Strategy for 2031**, aimed at increasing annual foreign investment inflows from **AED 112 billion in 2023** to **AED 240 billion by 2031**. Additionally, the strategy targets growing the UAE’s total foreign investment stock from **AED 800 billion** to **AED 2.2 trillion**. Key sectors include:
– Industry
– Logistics
– Financial services
– Renewable energy
– Information technology
> _“The UAE continues to develop its economy to create the most business-friendly environment in the world,”_ said H.H. Sheikh Mohammed.
## Strategic Partnerships with African Nations
The meeting reviewed the UAE’s strategic partnerships with African nations, highlighting that **95% of previously approved initiatives** have been successfully implemented, resulting in an **87% increase** in total trade volume with Sub-Saharan Africa over five years.
## National Digital Economy Strategy
The **National Digital Economy Strategy** aims to boost the digital economy’s GDP contribution from **9.7% to 19.4%** over the next six years.
## Healthcare Initiatives
The Cabinet approved:
1. A **National Policy for Combating Health Risks** to enhance readiness for health emergencies.
2. Executive Regulations for **Organ and Human Tissue Donation and Transplantation**, leading to an increase in transplant procedures.
## Research and Development
Restructuring of the **Emirates Research and Development Council** was approved to define national research priorities and enhance collaboration between sectors.
## Social Support Enhancements
The Cabinet approved new decisions to improve the **social support and empowerment system**, recognizing a **29% increase** in the annual budget, now reaching **AED 3.5 billion**. There has also been a **37% rise** in the number of beneficiaries.
## Government Affairs
The Cabinet discussed the approval of the **Remote Work System from Outside the Country**, aiming to leverage global expertise for federal projects.
## International Agreements
28 international agreements were approved, including economic partnerships with:
– Malaysia
– New Zealand
– Kenya
## Summary of Key Priorities
The UAE Cabinet’s decisions focus on:
– Attracting foreign direct investment
– Enhancing healthcare and social support systems
– Strengthening trade partnerships
– Developing research and digital economies
_“Every day, we witness our nation’s future becoming greater, stronger, and more prosperous,”_ concluded H.H. Sheikh Mohammed.
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