Page 65 - WGEO PR REPORT - November-December 2022

11/14/22, 2:49 PM Cabinet approves convening of the UAE Government Annual Meetings - GulfToday
The decision regarding the executive regulations’ provisions apply to all real estate established by the
federal authorities in the country, including free zones.

Controls of Shariah Supervisory Committees for Companies

The meeting adopted a decision regarding the standards, requirements and controls of the Shariah
Supervisory committees and the Shariah observer, for companies established in the UAE that conduct
their activities in accordance with the provisions of Islamic Sharia.

The decision sets controls for committees’ work. As for the companies, they must obtain the approval
of the internal Sharia Supervisory committees after their establishment and before starting their
activities.

Joining the Global Alliance on Green Economy

During the meeting, the UAE Cabinet approved the country's joining the Global Alliance on Green
Economy, led by the World Green Economy Organisation, to support the UAE's preparations to host
the 28th session of the Conference of the Parties (COP 28).

Also, the Cabinet approved a decision to form a committee chaired by Dr. Ahmad Belhoul Al Falasi,
Minister of Education.

The committee will work on implementing the decision on the governance of UAE Public Higher
Education Institutions, reviewing the scholarship system, and following up on the implementation of the
new funding model in the UAE public universities.

The UAE Cabinet approved "JAHIZ: The Future of Government Talents" initiative, which focuses on
empowering and training government talents with 20 skills to enhance their readiness for the future.
The skills include data and artificial intelligence, new economy, digital and 10x skills to accelerate and
double achievement.

Also, the meeting approved a number of agreements with the United Republic of Tanzania, and the
Republic of Peru.

In addition to an agreement with the principality of Monaco.

The meeting approved the signing of an agreement with the World Customs Organisation, to establish
the Regional Office for Capacity Building (ROCB) for North Africa, the Near East and the Middle East.

The Cabinet meeting approved the establishment of UAE General Consulates in Sarajevo in Bosnia
and Herzegovina, and in the city of Shymkent in the Republic of Kazakhstan.

WAM

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