The UAE will begin its three-day Government Annual Meetings in Abu Dhabi on Monday with more than 500 leaders and officials gathering to set out an ambitious roadmap for the country's future development. The sixth nationwide summit – held under the directives of Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai – will this year put national identity, family and artificial intelligence on top of the agenda.
The event will begin with "day zero" on Monday, which will feature meetings of the UAE Cabinet, five federal councils and national and local committees. Mohammed Al Gergawi, Minister of Cabinet Affairs, said the Emirates remained committed to bolstering government performance and competitiveness to make it the most efficient in the world.
“The UAE maintains its proactive commitment to providing the most efficient government model," Mr Al Gergawi said in comments shared by the UAE Government Media Office on Sunday. "This model, emphasised since the inaugural UAE Government Annual Meetings in 2017, is further reflected in the comprehensive improvements evident in this year's sixth session. These enhancements align with national priorities, supporting the UAE government's strategic aims and advancing its overall effectiveness.
“Key additions introduced as of this year’s Annual Meetings include national retreats, dedicated sessions with local governments, focus on empowering young national government leaders, amplifying citizen voices in the meetings, celebrating the exceptional achievements of national projects and recognising those responsible for their implementation. These initiatives will be part of an interactive agenda with increased participation from federal and local government entities."
The minister said the series of high-level meetings would examine the UAE's strategies in a range of sectors, including the economy and investment, AI, education, sports, family, and community empowerment. The 2024 meetings will also review the outcomes of national strategies and plans adopted within the "We the UAE 2031" vision.
Government Annual Meetings 2023 – in pictures
In-demand jobs and monthly salaries
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What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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So what is Spicy Chickenjoy?
Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
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