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29 Dec 2023 8:44 AM GMT

Middleeast

New move to make Dubai more globally attractive

Dubai Bureau

New move to make Dubai more globally attractive
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Summary

According to an official release, the new law has enhanced the metropolis’ ranking on various international competitiveness indices.


Dubai: : Dubai's ruler and the UAE vice-president and prime minister Sheikh Mohammed bin Rashid Al Maktoum has introduced a new law that he expects the emirate’s status as a globally competitive destination would be catapulted to a new high.

According to an official release, the new law has enhanced the metropolis’ ranking on various international competitiveness indices.

“The law highlights the TEC’s objectives, which include implementing the leadership’s vision to foster a thriving society, addressing the needs of citizens, ensuring a good standard of living, boosting and securing the involvement of citizens in key sectors, promoting sustainability and the well-being of the community…,” the statement said.

The government is also tasked to work towards accelerating the emirate’s economic progress, as well as ensure its sustainable growth, foster a supportive environment for various initiatives, and enhance Dubai’s preparedness for the future.

Other responsibilities of the government include endorsing public policies, defining the city’s priorities and future trends, and overseeing the implementation of strategic plans.

The law also forms an affiliate of the council, the Strategic Affairs Council, whose tasks include reviewing and approving plans that seek to improve government performance.

Its goals include raising performance standards across various sectors, monitoring relevant global competitiveness indicators, and proposing plans to boost Dubai’s global standing.

The council’s objectives include “advancing” Dubai’s position on global competitiveness indices “across diverse spheres.”