Page 80 - WGEO PR REPORT - November-December 2022

11/14/22, 2:49 PM Emirates News Agency - Mohammed bin Rashid chairs Cabinet meeting and approves the convening of the UAE Government Annual Meet…
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.

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