UAE Cabinet Reviews Key Economic and Legislative Developments


 In a recent cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, the UAE government reviewed significant progress in the nation's legislative, economic, and investment infrastructure. The meeting highlighted key achievements, including a notable increase in government revenues to Dh546 billion and expenditures amounting to Dh402 billion.

 The Cabinet also approved the National Strategy for Combating Money Laundering, Terrorism Financing, and Proliferation, reflecting the UAE’s commitment to global financial integrity.

The UAE's economic growth remains robust, with a 6.2% increase in non-oil GDP for 2023, placing the country fifth globally in real GDP growth. The meeting also spotlighted the UAE's strategic focus on sustainability, national identity, and AI in upcoming government agendas. As the UAE continues to evolve its legislative and economic frameworks, these developments underscore the country's commitment to fostering a competitive and resilient economy.

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