| 24 February 2024, Saturday |

Dubai ruler approves government restructuring

Sheikh Mohammed bin Rashid Al-Maktoum, the ruler of Dubai, has approved several measures aimed at accelerating the emirate’s growth and development.

Among the resolutions that were given the go-signal include a complete government restructuring, the creation of three chambers of commerce and the five-year plan to raise Dubai trade to $544.59 billion from $381.21 billion.

“We will continue to launch initiatives in new economic sectors, take advantage of fresh growth and innovation opportunities and help people tap into their highest potential and talent,” Sheikh Mohammed said in statement reported by state news agency WAM.