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.
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
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How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
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Users can also invite other contacts to download ToTok to allow them to make contact through the app.
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
