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  • ton = $5.37 0.06 (1.10 %)

11 May, 2022
1 min time to read

At the Dubai Council meeting, Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, decided to set up a higher committee to oversee all future technological developments in the digital economy and prepare the Dubai Metaverse Strategy within two months to help strengthen Dubai's position as a global centre for new metaverse technologies.

Dubai Council Meeting announced a new comprehensive structure for Dubai Municipality to transform it into a specialised institution that uses a private sector approach to provide high quality municipal services. The restructuring is also aimed at creating economic opportunities worth Dh10 billion over five years, as well as reducing operating costs by 10 per cent while improving service quality by 20 per cent.

The council approved the establishment of the Higher Committee for Development and Citizens Affairs, which aims to provide all the support citizens need through a concrete working strategy to help achieve the goals set by His Highness Sheikh Mohammed bin Rashid Al Maktoum in this regard.

The Committee will focus on ensuring the provision of advanced and comprehensive services to citizens, as well as launching and endorsing several comprehensive initiatives.

Under Dubai’s Agenda for the sustainability of Family Businesses for the next 100 years, Dubai will issue a unified law that meets all legal requirements. According to the agenda, the Dubai Family Enterprise Centre will be established as the central entity responsible for providing all services to ensure the sustainability of family enterprises, launch four practical legal systems to manage family enterprises, and establish a centre to resolve family disputes through arbitration and mediation.