Today: 16 June 2025
24 November 2022
2 mins read

UAE launches Dh1bn ‘Emirates Villages’ Project

‘Emirates Villages’ project represents a new milestone in achieving the ambitious vision of the UAE leadership by introducing a sustainable development model, said official…reports Asian Lite News

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, witnessed the launch of the ‘Emirates Villages’, a AED1 billion project aimed at developing a sustainable development model and creating economic and business opportunities to promote social stability and wellbeing.

Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Emirates Council for Balanced Development, stated that the ‘Emirates Villages’ project represents a new milestone in achieving the ambitious vision of the UAE leadership by introducing a sustainable development model that accommodates all regions across the country, while utilising the human capabilities and natural resources of each region.

Sheikh Theyab bin Mohamed said the Emirates Council for Balanced Development strives to achieve sustainable development for all regions through a unique development model based on partnerships between the government, private sector and local communities.

Sheikh Theyab reviewed the project’s targets and strategy during the Annual Meetings of the UAE Government held in Abu Dhabi from 22nd-23rd November.

The project outlines five developmental tracks, through which the Emirates Council for Balanced Development seeks to create a micro-economy in 10 villages, achieve greater involvement of local communities, enhance the involvement of the private sector, and advance the sustainable development model by enhancing cooperation between federal and local governments.

On Tuesday, Sheikh Mohammed witnessed the launch of ‘We The UAE 2031’, a national plan and road map for the next 10 years.

The national plan is an integrated programme shaping the future of the country within the next ten years with a focus on social, economic, investment and development aspects.

The plan seeks to enhance the position of the UAE as a global partner and an attractive and influential economic hub. Also, it aims to highlight the successful economic model of the UAE and the opportunities it provides to all global partners.

Sheikh Mohammed said that ‘We The UAE 2031’ will shape the progress of the country towards a more accomplished and developed future, in which all entities and institutions will cooperate within a unified ecosystem.

“The UAE will maintain its position as an economic destination… Economic prosperity, social well-being and development of human capital will be the main pillars of the next 50,” Sheikh Mohammed said.

ALSO READ: ‘WE THE UAE 2031’, VP Unveils 10-Year Vision

Previous Story

Lt Gen Asim Munir is Pakistan’s New Army Chief

Next Story

Tourism recovery soon to reach 65% of pre-pandemic levels

Latest from -Top News

Israel Takes Out Iran Spy Leaders

Among those killed were Mohammad Khatami, head of the IRGC Intelligence Organisation since 2022, and his deputy Mohammad Hassan Mahkaghi….reports Asian Lite News Israel on Monday announced that four high-ranking Iranian intelligence

Iran May Quit Nuclear Treaty

The NPT, a landmark international treaty that came into force in 1970, seeks to prevent the spread of nuclear weapons…reports Asian Lite News Amid rising tensions with Israel, Iran announced Monday that

Jaishankar Dials UAE, Armenia as Mideast Heats Up

EAM Jaishankar discussed the fast-evolving situation and emphasised the importance of dialogue and cooperation….reports Asian Lite News External Affairs Minister S. Jaishankar held telephonic conversations with his counterparts in the United Arab

Non-Oil Boom Fuels UAE Growth

In terms of contribution to non-oil GDP, the trade sector ranked first with 16.8 per cent, followed by manufacturing (13.5 per cent)…reports Asian Lite News The United Arab Emirates (UAE) posted a

Netanyahu: ‘Iran Wants to Kill Trump’

Netanyahu praised Trump’s record on Iran, highlighting key decisions such as the withdrawal from the Iran nuclear deal…reports Asian Lite News Israeli PM Netanyahu has alleged that Iran plotted to assassinate Donald
Go toTop

Don't Miss

UAE introduces new visa rules, residence scheme to attract talent

The UAE has introduced new liberalised visa rules and residence

Mohammed bin Zayed receives President of Paraguay

The two sides exchanged views on regional and international developments