• Shamma Al Mazrui becomes Minister of Community Development, after previously serving as Minister of State for Youth. Chris Whiteoak / The National
    Shamma Al Mazrui becomes Minister of Community Development, after previously serving as Minister of State for Youth. Chris Whiteoak / The National
  • Omar Al Olama has been appointed director general of the Prime Minister's Office, while retaining his position as Minister of Artificial Intelligence. Chris Whiteoak / The National
    Omar Al Olama has been appointed director general of the Prime Minister's Office, while retaining his position as Minister of Artificial Intelligence. Chris Whiteoak / The National
  • Salem Al Qasimi, the UAE's Unesco delegate, has been made Minister of Culture and Youth. Pawan Singh / The National
    Salem Al Qasimi, the UAE's Unesco delegate, has been made Minister of Culture and Youth. Pawan Singh / The National
  • Abdulla Nasser Lootah was named chairman of the Competitiveness Council. Pawan Singh / The National
    Abdulla Nasser Lootah was named chairman of the Competitiveness Council. Pawan Singh / The National
  • Noura Al Kaabi departs the Ministry of Culture and Youth to become a Minister of State. Victor Besa / The National
    Noura Al Kaabi departs the Ministry of Culture and Youth to become a Minister of State. Victor Besa / The National
  • Maryam Al Hammadi was named Secretary General of the Cabinet and becomes a Minister of State. Reem Mohammed / The National
    Maryam Al Hammadi was named Secretary General of the Cabinet and becomes a Minister of State. Reem Mohammed / The National

Sheikh Mohammed bin Rashid announces Cabinet reshuffle


  • English
  • Arabic

Sheikh Mohammed bin Rashid announced a UAE Cabinet reshuffle on Tuesday.

The Prime Minister and Ruler of Dubai confirmed a string of new ministerial appointments in a series of posts on social media.

Sheikh Mohammed said the changes had been made with the support of President Sheikh Mohamed.

Cabinet changes

Shamma Al Mazrui, previously Minister of State for Youth, has taken on the position of Minister of Community Development.

She replaces Hessa Buhumaid in the role, who will now serve as Minister of State.

Salem Al Qassimi, the UAE's Unesco delegate, has been named Minister of Culture and Youth.

Previous incumbent Noura Al Kaabi will now act as Minister of State.

Maryam Al Hammadi, Secretary General of the Council of Ministers, has also been appointed as Minister of State.

Omar Al Olama has been appointed director general of the Prime Minister's Office, while retaining his position as Minister of State for Digital Economy, AI and Remote Working System.

Abdullah Nasser Lootah has been named chairman of the Competitiveness Council.

Sheikh Mohammed said he would also "be in charge of the government knowledge exchange file with brotherly and friendly countries".

Looking to the future

"We are grateful and appreciative of Sister Hessa Buhumaid and Sister Noura Al Kaabi for their continuous and sincere efforts over the last period," Sheikh Mohammed wrote on Twitter.

"They will be assigned with new files. Our best wishes go out to the new ministers. We are always optimistic about the UAE's bright future."

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

GROUPS

Group Gustavo Kuerten
Novak Djokovic (x1)
Alexander Zverev (x3)
Marin Cilic (x5)
John Isner (x8)

Group Lleyton Hewitt
Roger Federer (x2)
Kevin Anderson (x4)
Dominic Thiem (x6)
Kei Nishikori (x7)

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Updated: February 07, 2023, 12:00 PM