Page 60 - WGEO PR REPORT - November-December 2022

His Highness added, "At our meeting, we approved the joining of the UAE to the Global

Alliance for Green Economy, which aims to consolidate the global transformation
towards more sustainable economy to preserve the environment in preparation for the
UAE to host the COP28 next year. We wish Egypt all success in the current session ".

His Highness Sheikh Mohammed bin Rashid said, "At the cabinet meeting, we
approved a comprehensive development project for the federal government staff to

enhance the readiness for the future by training on the skills required for the coming
period... Investing in our cadres is the best and most profitable investment for our
future."

His Highness said, "In our meeting, we reviewed the updates of the government

productivity measurement project and assigning it to the Federal Human Resources
Authority. Some of our entities and ministries still have poor productivity compared to
the human and financial resources available to them”.

His Highness added: "In our meeting, we also adopted a new policy to support the local
product by changing the customs exemption policy so that the exemption is for imported

materials that are included in industries that are not locally available... The goal is to
encourage factories to use locally produced materials to support them."

The UAE Government Annual Meetings

The Cabinet approved the convening of the UAE Government Annual Meetings on the

22 and 23 November. The nation-wide meeting will witness the participation of UAE’s
leaders, the ministers of the UAE, and representatives of all UAE government entities at
the federal and local levels. Participants will discuss current developmental projects,
shaping the future development vision of the country to reach the UAE Centennial 2071.

The Consumer Goods Pricing Policy

The UAE Cabinet adopted a new policy to price the basic consumer goods in the

country. The Ministry of Economy will be responsible of ensuring control over the
commitment of basic commodity providers and sales outlets, to pricing in accordance
with the policy. The policy includes 9 basic commodities for consumers, including

cooking oils, eggs, dairy, rice, Sugar, poultry, legumes, bread and wheat.

https://www.zawya.com/en/press-release/government-news/mohammed-bin-rashid-chairs-cabinet-
meeting-and-approves-the-convening-of-the-uae-government-annual-meetings-lpgq5nug