According to some recent reports from UAE cabinet’s meeting on Sunday, September 17th, 2018 in Abu Dhabi, the authorities have announced some big changes in the rules and policies regarding some industrial as well economic horizons in the country. The Cabinet reportedly approved a series of plans put forward by the members to bring about some revolutionary flexibilities in the state’s regulations.
This Cabinet meeting took place in the presence of the Ruler of the state; His Highness Sheikh Mohammed Bin Rashid Al Maktoum, who took profound interest in caving away some major roadblocks the country’s economy is facing currently by announcing his support to the country’s industrial sector by reducing fees on electricity consumption for large, medium and small sized factories stating: “We approved a decision to reduce the fees of electricity in the industrial field. We also approved a one-day court system at the federal level”.
Furthermore, the Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed Bin Rashid Al Maktoum also went on to say that Visa regulations for UAE expats will get more flexible as they will be allowed to stay a longer period of time even after their retirement given the following conditions:
Sheikh Mohammed Bin Rashid Al Maktoum also declared the introduction of some new federal standards for all the public and private hospitals in the country. After the meeting, Dubai Media Office posted several tweets in coherence with the agendas and steps discussed during this Cabinet session sharing it with the masses in the country.
Chaired by @HHShkMohd, UAE Cabinet approves decision to reduce
Federal Electricity & Water Authority's electricity charges on the industrial sector in the #UAE. pic.twitter.com/Hboh4zS6pc— Dubai Media Office (@DXBMediaOffice) September 16, 2018
UAE Cabinet chaired by @HHShkMohd also approves “one-day court” system to speed up judicial processes on the federal level. pic.twitter.com/zA54T9uHme
— Dubai Media Office (@DXBMediaOffice) September 16, 2018
Sheikh Mohammed Bin Rashid Al Maktoum concluded the robust Cabinet sessions in his final words stating: “Today, we chaired the first Cabinet meeting after the summer holiday. We will continue our journey of improving the national economy,” Sheikh Mohammed said. “We are going to keep on updating and improving our government.”
ترأست اجتماعا لمجلس الوزراء أقررنا خلاله تخفيض رسوم كهرباء الهيئة الاتحادية للكهرباء على القطاع الصناعي بالدولة .. كما اعتمدنا نظاما يسمح للإخوة الوافدين بالإقامة طويلة الأمد بعد التقاعد .. بدأنا اليوم الاجتماع الأول للمجلس بعد الإجازة واستأنفنا مباشرة مسيرة تعزيز اقتصادنا الوطني pic.twitter.com/9kXabVshR9
— HH Sheikh Mohammed (@HHShkMohd) September 16, 2018
Thus, we at dxboffplan.com, are hopeful that such advance steps by the Government will definitely benefit the country in a longer period of time.