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Undersecretary of the Ministry of Finance: Revenue of 26 billion dirhams from federal service charges by 2021
Abu Dhabi (WAM)
The total revenue collected from fees for services provided by the central government last year was 26 billion dirhams, while the value of revenues and amounts collected through e-dirham for 2021 was more than 14.33 billion dirhams. According to Younis Al Ghuri, Deputy Secretary of the Ministry of Finance.
He pointed out that the use of federal tax on companies as of June 2023 strengthens the United Arab Emirates’ commitment to meet international standards for tax transparency and the prevention of harmful tax practices. Encourage economic growth, attract investment and support fifty projects.
Commenting on the announcement of the introduction of the Central Corporate Tax, the Under Secretary, Ministry of Finance explained that the announcement of the introduction of the Central Corporate Tax was a result of the Government strategy led by the Ministry of Finance to strengthen the state. The commitment to meet international standards for tax transparency and the prevention of malicious tax practices and corporate taxation is based on international best practices that aim to strengthen the UAE’s position as a leading global hub for trade and investment, and accelerate the country’s growth. And change to achieve its strategic goals.
In support of the state’s direction in improving and diversifying non – oil revenue sources, the corporate tax policy aims to diversify the state government’s revenue resources needed to create jobs, finance public spending and improve capital infrastructure projects. And improving the infrastructure for social services. Corporate tax is an integral part of economic policies that support economic growth and attract investment, leading to the promotion of the country’s economic growth and support for fifty projects and other strategic goals.
He pointed out that the Finance Ministry had announced at the end of January 2022 that it would introduce a federal tax on business profits for the fiscal years beginning on or after June 1, 2023, the ministry said at the time. The corporate tax system used in the country is one of the most competitive in the world. There the tax will be levied at a base rate of 9% and a profit of 0% on taxable profits not exceeding 375,000 dirhams ($ 100,000). Support for start-ups and small businesses.
With regard to the objectives of the Ministry in the current year, the Fourth Strategic Session of the Ministry of Finance Younis Al-Quri identified six strategic objectives and several efforts were made to ensure its full implementation for each strategic objective. He said this would include strengthening the fiscal planning of the central government and enhancing the stability of public funds, enhancing the efficiency and effectiveness of budget implementation, managing the fiscal position and cash flow of the central government, and serving the financial and economic interests of the country. Improving the competitiveness of the country in the international, financial and economic spheres.
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Urology conference discusses development of clinical skills and training in techniques
Dr. Abdul Qader Al Jarouni, President of the Emirates Urological Society and Chairman of the 12th Emirates Urology Conference and 20th Asian Conference, confirmed Dubai’s efforts to host it for the first time in the Middle East and Gulf countries. Especially due to the lack of female elements, pointing to a comprehensive vision and training the current generation of doctors in the right scientific foundations, he pointed out a significant increase in the number of specialized doctors at that time.
He told Al-Bayan at the opening ceremony of the conference held yesterday in front of 2,500 doctors from 75 countries at the Conrad Dubai Hotel and modern equipment in all sub-disciplines in kidney diseases and urinary tract surgeries. Lectures on the use of robotics, fertilization, artificial intelligence and pediatric diseases.
Al Jaroni touched on prostate cancer, which mainly affects people over 50 years of age or those with a family history, considering early detection as the most important means of complete treatment and recovery, especially when treatments are available in the country. .
OBJECTIVES AND RESULTS
Touching on the objectives of the conference and its expected outcomes, he said, “One day it is absolutely necessary to intensify the work on day surgery and emphasize the importance of prevention of diseases related to urinary tract. field through the exchange of experience among doctors and experts from different countries of the world.”
He said that the conference will be accompanied by a special scientific exhibition in which more than 65 international organizations will participate to showcase the latest scientific discoveries in the field of urology and a men’s health conference in mid-December. One of the important conferences on the map of health events in the country.
Dr. Yasser Al-Saeedi, vice president of the association, said the conference, which will end today, focuses on developing clinical skills and training on the latest technologies and modern equipment in all subspecialties in kidney diseases and urinary tract surgeries.
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HR forum discusses future jobs in Dubai
At the third session of Human Resources Forum 2023, organized by the Human Resources Department of the Government of Dubai, participants discussed the future of jobs and skills in the Government of Dubai, and several experts gave a summary of their ideas and experiences on jobs. and future capabilities.
Discussion group
During the forum attended by HR officers from Dubai government departments, a panel discussion was organized in which many experts participated. They talked about future skills and employment opportunities in the Dubai government and lessons learned from best practices. Many lectures. Presented by experts from the United Arab Emirates: Focusing on the future of work, future skills for leaders and future skills.
Abdullah Ali bin Saeed Al Falasi, Director General of the Human Resources Department of the Government of Dubai, stressed that Smart Leadership pays more attention to human resources and is keen to train the Emirate’s people to lead future government jobs. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and President of the United Arab Emirates, confirms the Dubai Cabinet and Ruler, “may God protect him”.
He said that the Human Resources Department of the Government of Dubai is keen to develop the necessary strategies and plans to adapt to future changes and prepare sustainable pioneering talent in line with its vision focused on supporting the future visions of the Emirate of Dubai. , with innovative talents, outstanding minds, and global competitive expertise, to lead and develop the HR sector, develop smart solutions, flexible and innovative policies and transform the sector into a central organization by developing skills and minds that support competitiveness in the Emirate of Dubai.
The Human Resources Department of the Government of Dubai is preparing for the future, aiming to adopt high-performance work methods, develop innovative solutions to future challenges and lead pioneering thinking by harnessing the best entrepreneurs. Practices, in order to raise its readiness to meet current and future challenges, as well as through its strategy, focus on attracting renowned national and international talent, aligning the Emirati’s capabilities with national and local strategic directions, developing skills to qualify employees, and creating an optimal environment for working in the Government of Dubai.
He also explained that the Dubai Government Human Resources Department aims to achieve leadership in the management system by launching four strategic projects as the first plan revolves around the future aspects of the workforce in Dubai. To ensure human capital and talent, preparedness, flexibility and preparedness… Human capital and workforce in the Emirate of Dubai face rapid changes in the economy, technology and labor market dynamics.
He pointed out that the second strategic plan of the Human Resources Department of the Government of Dubai is Workforce Planning, a strategic initiative aimed at anticipating the future needs of workforce and talent, ensuring preparedness and flexibility, and ensuring readiness. As the Government of Dubai addresses the challenges and needs of the labor market, the third project is the Dubai Future Skills Centre, a common framework for qualifying human resources, a strategic initiative aimed at making Dubai and its Government the best in the world. The fourth project is Engineering the Jobs of the Government of Dubai, a strategic plan to prepare an empowered workforce with specialized skills that are future-ready and globally competitive. Designing a human resource infrastructure that provides the foundation for human resource practices for departments, institutions and organizations affiliated with the Government of Dubai, including, but not limited to, compensation and payroll systems, career development and workforce planning.
Personal communication
The nature of work is changing rapidly and continuously, and the key challenge is to develop the skills students need, such as problem-solving and critical thinking skills, and interpersonal communication skills such as empathy and synergy, he said. They will create fields of work that include artificial intelligence, robotics, automation and advanced manufacturing.
He explained that the Fourth Industrial Revolution has imposed a new reality full of opportunities, challenges and new skills. While it will provide new types of work that did not exist before, it will eliminate many traditional jobs and move towards acquiring new skills. Through future challenges and growth.The greatest technology the world will witness.
Future skills
In his speech during the forum, the Director of the Center for Future Studies, University of Dubai, Dr. Saeed Al Taheri spoke about future capabilities and quoted the late founding father Sheikh Saeed bin Sultan Al Nahyan. God rest his soul,” when he said: “Future generations will live in a world “that is completely different from what we are used to, so it is necessary to prepare ourselves and our children for that new world.”
What we need for the future is a mindset of growth, resilience, learning and high performance and technical and specialized skills such as visioning, programming, data science, machine learning and soft skills, he emphasized. Tools such as creative thinking, complex problem solving, effective communication, leadership, working within a team, emotional and social intelligence, and other skills as per the need of the hour are needed for life-long learning, learning agility and artificial intelligence that can be developed tools, etc., data analysis and methods.
He said that 42% of jobs will be automated by 2027, and the skills of the current workforce will suffer over the next five years, with 6 in 10 workers needing training before 2027.
As artificial intelligence and automation control many tasks, he pointed out that creative thinking is the most important skill in life, and we must focus on imagination, creativity and innovation so that we do not lose our jobs, individuals and companies. Creative thinking is highly capable of innovation and resilience. At the Human Resources Forum’s third session for the current year 2013, Saeed Mohammed Al-Nazari of the Mohammed Bin Rashid Center for Leadership Development spoke about the future capabilities of leaders and recently focused on the importance of building people. Regarding the importance of personal characteristics, which are one of the most important skills required by an employee, 78% of jobs require personal characteristics, such as being proficient in managing a work team and having expertise in creative thinking.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, may God protect him, established the Leadership Development Center, considered one of the most important centers in the region, and it was completed. Since 2003, 850 leaders have been created.
During the forum, Willis Towers Watson Dubai Head of Work and Reward Yun Shing Lee also spoke about managing future talent and said that a successful strategy is to be very clear about the goal you want to achieve. At the same time being too flexible in how to achieve the goal. Constant change and changes have a negative impact on employee experience, participation, well-being and productivity.
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Bin Duque is calling on big French companies to invest in Emirates
The Minister of Economy, Abdullah bin Duq Al Marri, called on large French companies to explore promising opportunities in new economic sectors in the UAE. , created fertile ground for the growth of large French companies and their expansion into new markets.
This happened during a meeting Bin Duque held with a group of businessmen, investors and CEOs of major French companies in the presence of Frédéric Sanchez, head of the international branch of the French employers’ association.
The Ministry of Economy said in a statement yesterday that the two sides discussed enhancing economic cooperation between Abu Dhabi and Paris and creating new avenues to explore opportunities for business communities in the Emirates and France to support sustainable development. their economies, especially in new economic sectors.
Bin Duq said: “The UAE hosts 600 French companies, which employ more than 30,000 people and operate in renewable energy, transport, logistics, hotels, aviation, aerospace, banking and other sectors. In contrast, the UAE ranks second. The largest Gulf investor in France, and More than 50 companies operate in various sectors in the French market, he added: “In the next phase we will work with our partners in France to increase the number of companies operating in the markets of both countries.”
The Bin Duq visited France under the leadership of the Economic Council of the United Arab Emirates to discuss strengthening joint economic cooperation in several key sectors.
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