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H.H. Sheikh Mohammed hails growing global confidence in UAE economy
H.H. Sheikh Mohammed hails growing global confidence in UAE economy

Dubai Eye

time21 hours ago

  • Business
  • Dubai Eye

H.H. Sheikh Mohammed hails growing global confidence in UAE economy

The UAE has recorded a major surge in foreign direct investment, with inflows reaching AED 167 billion in 2024. That's a 48 per cent increase from the previous year, according to a new report from the United Nations Conference on Trade and Development (UNCTAD). The UAE ranked second globally, after the United States, in attracting greenfield FDI projects, with 1,369 new projects announced in 2024. The report also shows the UAE captured nearly 37 per cent of all FDI inflows to the region in 2024. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, described the report as a global vote of confidence in the UAE's economy. He also highlighted the country's efforts to attract AED 1.3 trillion in foreign investment over the next six years. Sheikh Mohammed credited the clear development plan under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, a unified government team, and the people who stand behind their leadership as the driving forces behind the UAE's continued economic success. The UAE ranked 10th globally as a leading destination for inbound FDI in 2024, achieving an unprecedented AED 167.6 billion (USD 45.6 billion) in FDI inflows, according to the (UNCTAD) World Investment Report 2025. @Inv_UAE — UAEGOV (@UAEmediaoffice) June 19, 2025

H.H. Sheikh Mohammed: UAE ranked 5th in World Competitiveness Ranking
H.H. Sheikh Mohammed: UAE ranked 5th in World Competitiveness Ranking

ARN News Center

time2 days ago

  • Business
  • ARN News Center

H.H. Sheikh Mohammed: UAE ranked 5th in World Competitiveness Ranking

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has chaired a Cabinet meeting, highlighting major national achievements and approving key initiatives. During the meeting at Qasr Al Watan in Abu Dhabi, Sheikh Mohammed announced that the UAE has ranked 5th globally in the 2025 IMD World Competitiveness Ranking. The country was recognised for its strengths in economic performance, government efficiency and business environment. Notably, it ranked 1st worldwide for minimal bureaucracy and 2nd for government adaptability. His Highness credited 14 years of coordinated national efforts for this rise from 28th place in 2009. The Cabinet also approved housing grants worth AED 1.2 billion for over 1,800 citizens in the first half of 2025, reinforcing efforts to ensure stable and decent living conditions for Emirati families. It also reviewed the Emirates Council for Balanced Development's progress in enhancing Emirati villages and supporting families and small businesses, as well as the success of the UAE's digital identity system UAE PASS, which now supports over 11 million users and has processed 2.6 billion digital transactions. Further approvals included restructuring the national anti-money laundering committee, establishing a National Maritime Navigation Centre to enhance marine safety, and endorsing the 2024 Annual Report on Free Trade Negotiations, which saw 27 major trade agreements signed. #uaegov — UAEGOV (@UAEmediaoffice) June 17, 2025

UAE enacts new media laws: What you need to know
UAE enacts new media laws: What you need to know

Time of India

time04-06-2025

  • Business
  • Time of India

UAE enacts new media laws: What you need to know

Image: X/ UAEGOV A wide-reaching new media law has officially come into force across the United Arab Emirates as of May 29, 2025, bringing with it a detailed framework for media regulation and enforcement. The law, announced by the UAE Media Council, targets violations across traditional and digital platforms with fines that can reach up to Dh1 million, and even Dh2 million for repeat offences. This move strengthens the UAE's focus on accountability, respect, and professionalism in media, with updated licensing rules, strict content standards, and clarified consequences for misinformation, religious or moral violations, and threats to national security. Major Offences and Corresponding Penalties The law breaks down violations into several categories, each with clearly defined penalties scaled by severity and recurrence: 1. Religious and moral violations Insulting religious beliefs or the divine being: Up to Dh1,000,000 Violating public morals or promoting destructive ideologies: Up to Dh100,000 Content inciting crimes such as murder, rape, or drug abuse: Up to Dh150,000 2. Offences against the state and national security Disrespecting national symbols, the system of governance, or state institutions: Dh50,000 to Dh500,000 Offending domestic or foreign policy: Dh50,000 to Dh500,000 Undermining foreign relations or social cohesion: Up to Dh250,000 3. Licensing violations Operating without a licence: First offence: Dh10,000 Repeated offence: Dh40,000 Failure to renew a licence within 30 days: Dh150 per day, up to Dh3,000 Transferring a licence or making unauthorised changes: Up to Dh20,000 Publishing with an expired licence: First offence: Dh10,000 Repeated offence: Dh20,000, doubled with each recurrence 4. Misinformation and publishing offences Disseminating false information: First offence: Dh5,000 Repeated offence: Dh10,000 Organising or obstructing a book fair without a permit: Dh40,000 (doubles with recurrence) Printing or publishing media materials without a licence: Dh20,000 (doubles with recurrence) 5. Foreign Correspondents Unlicensed operations: Up to 3 written warnings Repeated offence: Dh10,000 In serious or repeated cases, the law allows temporary closure for up to six months, permanent shutdown, or revocation of licences or permits. 20 binding media content standards To ensure clarity and consistency, the UAE Media Council issued 20 mandatory content standards for all media entities and professionals. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo These are designed to protect national interests, societal values, and individual rights, and are derived from Federal Media Law No. 55 of 2023 and its executive regulations. The 20 Standards Are: Respect for the divine, Islamic beliefs, other Abrahamic religions, and all faiths, no offence permitted. Respect for the UAE's system of governance, national symbols, institutions, and the supreme interests of the state. Respect for domestic and foreign policies of the UAE. No content that damages the UAE's foreign relations. Preserve cultural heritage and national identity. No content that undermines national unity or social cohesion. Prohibition of sectarian, tribal, or regional incitement; no promotion of violence, hate speech, or terrorism. Adherence to societal moral values and protection of public interest. No content that discredits the legal, economic, judicial, or security systems. Respect for individual privacy and private life. Strict ban on inciting or promoting criminal acts, including murder, rape, or drug use. No offensive images, language, or illustrations that violate public decency or harm children/youth. Ban on false news or forged documents falsely attributed to individuals or entities. No content that harms the national currency or undermines the country's economic reputation. No spreading of rumours or disinformation. Ban on glorifying or promoting hostile political, racial, ideological, or social groups. Media programmes must carefully select guests and participants to uphold public policy and professionalism. Advertising must respect the UAE's culture, identity, and values. Adherence to age classifications as approved by the Media Council. Full compliance with child protection laws and national legislation concerning minors. Advertising and media programme guidelines The Council stressed that advertising content must align with the UAE's national values, respect cultural sensitivities, and strictly follow age rating classifications. Advertisers and media producers are expected to safeguard child rights, ensuring no harmful messaging is directed at young audiences. Failure to comply with these advertising and programming standards can result in: Official warnings Fines up to Dh1 million Doubled penalties for repeated violations within a year (Not exceeding Dh2 million) Temporary closures (up to six months) Permanent shutdowns and licence revocations, depending on severity Law's broader purpose The new media law is part of the UAE's ongoing effort to align domestic media regulations with international standards. It is designed not just to penalise, but also to protect—ensuring a safe, respectful, and responsible media environment for professionals, influencers, and the public alike. It marks a firm step toward professionalising the media sector, protecting public values, and ensuring that information shared in the UAE remains accurate, respectful, and nationally coherent.

UAE to introduce AI in public school curriculum
UAE to introduce AI in public school curriculum

Dubai Eye

time04-05-2025

  • Science
  • Dubai Eye

UAE to introduce AI in public school curriculum

Artificial Intelligence will be taught to public school students "from kindergarten to grade 12" starting the 2025-26 academic year. Making the announcement on Sunday, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said it is part of the "UAE's long-term plans to prepare future generations for a different future (and) a new world". "Our goal is to teach our children a deep understanding of AI from a technical perspective, while also fostering their awareness of the ethics of this new technology, enhancing their understanding of its data, algorithms, applications, risks, and its connection to society and life. "Our responsibility is to equip our children for a time unlike ours, with conditions different from ours, and with new skills and capabilities that ensure the continued momentum of development and progress in our nation for decades to come," Sheikh Mohammed said. As part of the UAE's long-term plans to prepare future generations for a different future, a new world, and advanced skills, the UAE government today approved the final curriculum to introduce 'Artificial Intelligence' as a subject across all stages of government education in the… — HH Sheikh Mohammed (@HHShkMohd) May 4, 2025 Sarah bint Yousef Al Amiri, Minister of Education, said the "new AI curriculum (will) seamlessly integrates into current school schedules, requiring no additional class time" and will feature "age-appropriate learning modules". She explained that the seven key areas covered will include "data and algorithms, software application, ethical awareness in AI, real-world AI applications, AI-driven innovation and project design and AI policies and social engagement". Teachers will be provided comprehensive resources from the Ministry of Education. It will include "activities, templates and ready-to-use lesson plans adaptable to diverse class settings". — UAEGOV (@UAEmediaoffice) May 4, 2025

UAE to introduce AI in public school curriculum
UAE to introduce AI in public school curriculum

TAG 91.1

time04-05-2025

  • Science
  • TAG 91.1

UAE to introduce AI in public school curriculum

Artificial Intelligence will be taught to public school students "from kindergarten to grade 12" starting the 2025-26 academic year. Making the announcement on Sunday, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said it is part of the "UAE's long-term plans to prepare future generations for a different future (and) a new world". "Our goal is to teach our children a deep understanding of AI from a technical perspective, while also fostering their awareness of the ethics of this new technology, enhancing their understanding of its data, algorithms, applications, risks, and its connection to society and life. "Our responsibility is to equip our children for a time unlike ours, with conditions different from ours, and with new skills and capabilities that ensure the continued momentum of development and progress in our nation for decades to come," Sheikh Mohammed said. As part of the UAE's long-term plans to prepare future generations for a different future, a new world, and advanced skills, the UAE government today approved the final curriculum to introduce 'Artificial Intelligence' as a subject across all stages of government education in the… — HH Sheikh Mohammed (@HHShkMohd) May 4, 2025 Sarah bint Yousef Al Amiri, Minister of Education, said the "new AI curriculum (will) seamlessly integrates into current school schedules, requiring no additional class time" and will feature "age-appropriate learning modules". She explained that the seven key areas covered will include "data and algorithms, software application, ethical awareness in AI, real-world AI applications, AI-driven innovation and project design and AI policies and social engagement". Teachers will be provided comprehensive resources from the Ministry of Education. It will include "activities, templates and ready-to-use lesson plans adaptable to diverse class settings". Ministry of Education introduces AI curriculum in public schools starting from 2025-2026 academic year — UAEGOV (@UAEmediaoffice) May 4, 2025

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