Sheikh Mohammed bin Rashid chaired a meeting on Sunday to form an action plan for the UAE's most recently created ministry.
The Ministry of Industry and Advanced Technology, led by Minister of Industry and Advanced Technology Dr Sultan Al Jaber, was created after a Cabinet reshuffle in early July.
On Sunday, Sheikh Mohammed, the Prime Minister and Ruler of Dubai, led a meeting to outline the ministry's work strategy, designed to boost the country's economy and promote local products internationally.
"In the UAE, we recently formed a Ministry of Industry and Advanced Technology," Sheikh Mohammed said on Twitter.
"Today it adopted its action plan, its priorities are: national industrial security, the competitiveness of our national products globally, and enhancing the added value of our economy.
"All the best for the distinguished work team, from whom we expect positive results in the near future," he said.
Sheikh Mohammed said the post- Covid-19 economy will require flexible thinking and new ways of work.
"We have proven that our work and achievements are on the same level as our dreams and aspirations, and we want to dream more and achieve more," he said.
Dr Al Jaber and Sarah Al Amiri, Minister of State for Advanced Technology, gave a comprehensive presentation on the future strategy of the ministry, Wam reported.
The ministry aims "to implement the vision of the leadership by enhancing the contribution of advanced technology to the sustainability of economic growth, raising the efficiency and competitiveness of the industrial sector in the country and supporting strategic industries that contribute to advancing the national economy and increasing the gross domestic product," Dr Al Jaber said.
The ministry will develop policies, laws and programmes to provide "a stimulating legislative system" to support the growth of the sector, emerging industrial companies and companies that rely on advanced technology. It plans to support the development of industrial clusters and encourage industrial exports, raise local competencies and ensure the competitiveness of key strategic sectors.
Ms Al Amiri said that there is "an interdependent and complementary relationship" between advanced science and technology and economic growth.
The ministry will help the industrial sector to diversify the economy "promising post-Covid-19 growth", she said.
The cabinet reshuffle in July saw government departments across the UAE merged as part of a a drive to create a more agile government.
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Started: 2021
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Based: Tunisia
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