National economy solid: Mohammed


The UAE’s economy is robust and is based on solid foundations and a long-term vision, Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum said on Monday.

“That is why we, the leadership and the government, are not worried about the future of our national economy. We rely on the arms and minds of the (national) youth to further strengthen it," he told a group of emirati young people at Qasr Al Bahar in Dubai in presence of Sheikh Hamdan Bin Mohammed Bin Rashid, Crown Prince of Dubai.

The young emaratis said they were proud of the country's top leaderships who facilitate education and training, jobs and dignified living for them.

Mohammed inspects Education Ministry

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, received a list of UAE’s top 10 performing high school students from the Minister of Education Humaid Mohammed Obeid Al Qattami.

The list, which contains names of the ten best students in the scientific and literary streams, was disseminated through various media vehicles in the country.

Sheikh Mohammed congratulated the students on their outstanding performance in high school exams and wished them best of luck in attaining their future aspirations.

Sheikh Mohammed ordered scholarships to be provided for the top 20 Emirati students who scored outstanding results in high school examinations. The scholarships will allow students to attend universities and colleges of their choice.

Welcoming the generous gesture, Minister of Education Humaid Mohammed Obeid Al Qattami said that the ministry will coordinate with the Ministry of Higher Education and Scientific Research and other authorities in implementing the directives.

 Mohammed inspects Housing Ministry

 His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, paid a visit on Sunday to the Ministry of Public Works in Dubai, accompanied by Deputy Ruler of Dubai Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum.

He was received on arrival at the ministry by Minister of Public Works Sheikh Hamdan bin Mubarak Al Nahyan, the Undersecretary of the Ministry and a number of senior directors and officials.

Sheikh Mohammed viewed the models, plans and designs of new buildings and installations currently under execution in various emirates for the ministries and other federal authorities.

He also viewed the miniature model for the implementation of the initiative of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, for the development of infrastructure across the emirates and remote regions.

In the ministry's meeting room, Sheikh Mohammed, flanked by Sheikh Maktoum, Sheikh Hamdan, Minister of Cabinet Affairs Mohammed Abdullah Al Gergawi and a number of other senior officials, listened to a presentation on the comprehensive national plan for the development of remote regions and rural areas until 2030.

Giving the presentation, Director of rural planning at the Ministry Nadia Musallam, said that the plan envisages the completion of development on short, medium and long term targets.

The requirements of the rural areas for the next two decades have been identified and they are not limited to the constructional needs, but the plan also takes into consideration the material, economic, social, cultural and environmental factors and the density of population", she noted.

The plan, to be executed in coordination with the local governments, also includes integrated designs for roads, transportation and other utilities, she added.

The presentation also focussed on sustainability and the mechanisms that have been developed to measure the success of the sustainability strategies adopted by the Ministry of Public Works when implementing the comprehensive development plans on the national level.

Sheikh Mohammed bin Rashid Al Maktoum, called for active involvement and participation by citizens and stakeholders in the federal as well as local governments in the process of development of remote regions and rural areas, and in drawing the features of this development in all emirates during the next two decades. Such a development must envisage comprehensive infrastructure capable of transforming these areas in future to city centres with all facilities and utilities that will guarantee dignified life for the citizens, Sheikh Mohammed stressed.

He also asserted the right of the future generations to benefit from all the good the country can give today, in the same way that their fathers are enjoying the fruit of what their forefathers had had planted.

"The development, for which we lay the foundation today through this comprehensive plan designed by the ministry, guarantees the needs of the remote regions and rural areas in all parts of our country such as healthcare, education, housing, roads, water and all the essential services", stressed Sheikh Mohammed.

Sheikh Mohammed praised the Ministry of Public Works and its entire team led by the Minister of Public Works Sheikh Hamdan Bin Mubarak Al Nahyan for striving to achieve the 'UAE Vision 2021' and for translating into practice the slogan of the federal government strategy 'Citizen First'.

Sheikh Hamdan Bin Mubarak expressed happiness over the visit paid by Sheikh Mohammed Bin Rashid Al Maktoum and thanked him on behalf of the entire Ministry and its employees, adding that the visit is a real honour for all of us and it will encourage everyone to exert more effort in the service of the nation.

Mohammed amends Dubai Real Estate Corporation law

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE in his capacity as Ruler of the Emirate of Dubai has issued Law No (11) of 2011 amending Law No (14) of 2007 establishing Dubai Real Estate Corporation.

As per Article (3) of the law, a public corporation owned by the government will be established operating on a commercial basis under the name "Dubai Real Estate Corporation" and enjoys a legal personality, financial and administrative autonomy and legal capacity to undertake all actions that ensure the achievement of its purposes. It may also contract with third parties and sue and be sued in that capacity and to delegate any other person for this purpose.

The corporation aims to own and manage the properties registered in the name of the government or any of its departments, including the ownership, reconstruction, investment and the use and exploitation of land and commercial and industrial real estate, located in the emirate. It will also provide building services and implementation, marketing and management of buildings and real estate and commercial properties in addition to the development, purchase, sale, lease and management of real estate properties registered in the name of the corporation.

Article (19) of the law stipulates that the corporation can retain any revenues from the sale or privatisation of its assets or any of its companies or activities. The corporation will not be subjected to the provisions of Law No (35) of 2009 Concerning the Management of the Public Funds of the Government of Dubai. This decree is effective from the date of issuance and shall be published in the Official Gazette.

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