UAE allows remote work system from outside the country in federal entities

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has chaired the UAE Cabinet meeting held at Qasr Al Watan in Abu Dhabi.

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Sheikh Mohammed said: "Today, I chaired a UAE Cabinet meeting at Qasr Al Watan in Abu Dhabi, we approved our National Investment Strategy for the next six years. Our goal is to increase annual foreign investment inflows from Dhs112 billion in 2023 to Dhs240 billion by 2031 and grow the UAE's total foreign investment stock from Dhs800 billion to Dhs 2.2 trillion over the coming years. This strategy will focus on key sectors, including industry, logistics, financial services, renewable energy, and information technology.

The UAE continues to develop its economy, expand global markets, attract investments, and create the most business-friendly environment in the world." Sheikh Mohammed said: "In the government affairs, we also approved the Remote Work System from Outside the Country in the Federal Government, enabling the UAE to tap into global expertise and specialized talent to execute projects and studies for federal entities."

Sheikh Mohammed added: "We also reviewed the progress of the UAE's strategic partnerships with African nations, where 95% of previously approved initiatives have been successfully implemented. As a result, our total trade volume with Sub-Saharan Africa has grown from Dhs 126.7 billion in 2019 to Dhs 235 billion over five years—an 87% increase. The UAE will continue to build new economic bridges across the world and reinforce its role as a global trade hub, connecting markets worldwide."