UAE: Sheikh Maktoum is new Minister of Finance and Deputy Prime Minister


(MENAFN- Khaleej Times) The ruler of Dubai on Saturday announced the formation of a new UAE Cabinet as well as the appointment of a new Minister of Finance.

Taking to Twitter, His Highness sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, stated that Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum has been appointed as Deputy Prime Minister and Minister of Finance.

The UAE is also adopting a new methodology for federal government work for the next 50 years, he added.

"We need to upgrade the tools of change that we use. We need a new methodology of government work that we will rely on to accelerate achievements, set priorities and approve projects and budgets," he said.

The new methodology comes with the achievement of the UAE's previous plan — Emirates Vision 2021 — during which it achieved its ambitions for the past 10 years, he explained.

Today, the country leads the world in 100 development indicators and leads the region in 470 governmental, economic and technical indicators. "We start the next 50 years with different global ambitions," he said.

The Dubai Ruler called on all federal institutions to implement and commit to the transformation.

Cabinet reshuffle

In other changes to the Cabinet, Sheikh Mohammed also announced the appointment of Mohammed bin Hadi Al Husseini as Minister of State for Financial Affairs. He will succeed Obaid Al Tayer.

"Our thanks and appreciation to Brother Obaid for his service and dedication during the previous years," said the UAE VP, wishing him more years to serve his country in new sectors.

Abdullah bin Sultan bin Awad Al Nuaimi will serve as the new Minister of Justice, while Dr Abdul Rahman Al Awar will take up the role of Minister of Human Resources and Emiratisation.

Sheikh Mohammed thanked departing ministers Sultan Al Badi and Nasser Al Hamli for their services.

Meanwhile, Mariam Almheiri has been appointed Minister of Climate Change and Environment, while Abdullah bin Muhair Al Ketbi will step in as Minister for the Affairs of the Federal Supreme Council.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, also took to Twitter to congratulate his brother, Sheikh Maktoum, on the new appointment.

"With the support of our wise leadership, our country continues the process of empowering the youth," he said. "We are confident that Maktoum bin Mohammed, with his leadership experience, great achievements and extensive experience, will play a pivotal role in the new 50-year march."

Five pillars

The new strategy of government works includes five pillars:

1. Government work will be led by major transformational projects, not just long-term strategic plans.

2. The upcoming training courses of change will be flexible and rapid (from six months to two years), in contrast to the previous strategic courses, which ranged from 5-10 years.

3. Sectoral priorities will be identified, followed by developing clear transformational projects. Ministerial work teams will be formed to implement these projects by national cadres.

4. Moving from the sole responsibility of ministries to the joint responsibility of the field work teams. Contracts will be signed as part of transformational projects and will be followed up by the Council of Ministers.

5. A scale of incentives and promotions will be set based on the performance of the executive teams and their ability to implement transformational projects approved by the Cabinet.

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