UAE allocates AED 2 billion to deal with rain-damaged homes

The UAE cabinet has approved a AED 2 billion package to deal with damages to citizens' homes during the recent severe weather conditions.

A ministerial committee has been tasked with assessing the damage and disbursing compensation in coordination with federal and local authorities.

This was announced during a cabinet meeting on Wednesday, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

The cabinet commended the efforts of government and emergency response teams, as well as volunteers and the general public for tackling the challenges and coming together for the sake of the nation.

The UAE Cabinet discussed the impacts of the recent extreme weather conditions, and allocated AED2 billion to address the damages suffered by citizens' homes. A ministerial committee has been tasked with assessing damages, and disbursing compensations. And the Cabinet formed a… pic.twitter.com/tzw4RfYpPK

— UAEGOV (@UAEmediaoffice) April 24, 2024

The cabinet reviewed the UAE's achievements in the tourism sector and updates to the UAE Tourism Strategy 2031, as well as efforts to enhance labour market efficiency.

The UAE's hotels attracted a total of 28 million guests in 2023, an increase of 11 per cent from the previous year, while the tourism sector's contribution to the GDP is expected to reach nearly AED 180 billion in 2023.

The Cabinet reviewed updates of the UAE Tourism Strategy and the major achievements of the sector. The total number of hotel guests reached 28 million in 2023, an increase of 11% from the previous year. The tourism sector's contribution to GDP is approaching AED180 billion in… pic.twitter.com/Bnc5M0Tw7T

— UAEGOV (@UAEmediaoffice) April 24, 2024

The cabinet also reviewed the UAE's economic agenda and achievements, including the negotiation and signing of comprehensive economic partnership agreements with more than 13 countries.

These agreements will help increase the country's exports by an additional value of AED 366 billion annually by 2031.

The Cabinet reviewed developments in the UAE's Economic Agenda, where the country was able to negotiate and sign comprehensive economic partnership agreements with more than 13 countries. This will enable us to increase the country's exports by an additional value of AED366… pic.twitter.com/epdc36uoqk

— UAEGOV (@UAEmediaoffice) April 24, 2024