Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai, led the latest UAE cabinet meeting on Monday. Photo: Sheikh Mohammed bin Rashid / X
Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai, led the latest UAE cabinet meeting on Monday. Photo: Sheikh Mohammed bin Rashid / X
Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai, led the latest UAE cabinet meeting on Monday. Photo: Sheikh Mohammed bin Rashid / X
Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai, led the latest UAE cabinet meeting on Monday. Photo: Sheikh Mohammed bin Rashid / X

UAE sets Dh200bn transport logistics goal to drive global trade


  • English
  • Arabic

The UAE on Monday set out plans to strengthen the country's position as a leading hub for global trade and raise the value of its logistics sector to Dh200 billion ($54.45 billion) annually within the next seven years.

Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, announced the launch of the Emirates Council for Logistics Integration to oversee the vision for the future. He said the new body would be responsible for driving up UAE trade around the world by bolstering integration in roads, rail, ports and customs.

Sheikh Mohammed, also Vice President, outlined the strategy while presiding over the latest meeting of the UAE Cabinet at Qasr Al Watan in Abu Dhabi.

"During the meeting, we approved the establishment of the UAE Logistics Integration Council, aimed at aligning efforts and ensuring seamless co-ordination to strengthen the UAE’s position as a global trade hub," Sheikh Mohammed said, in remarks shared by the UAE government Media Office.

"The council will bring together all key federal and local entities, including ports, roads, transport, customs, railways and border crossings, ensuring efficiency and synergy in the sector. With the logistics industry valued at Dh129 billion in 2023, our goal is to expand it beyond Dh200 billion over the next seven years, reinforcing the UAE’s role as a central hub for global trade and commerce."

Etihad Rail to spur economic growth

Sheikh Mohammed highlighted the crucial role to be played in the nation's development by Etihad Rail's high-speed train project, announced last month.

The 30-minute passenger rail service between Abu Dhabi and Dubai will carry trains travelling at up to 350kph on a route that will pass through "key destinations and tourist attractions".

The new high-speed electrified line will feature six stations at Reem Island, Yas Island, Saadiyat Island, Zayed Airport, close to Al Maktoum Airport in Dubai and Jaddaf, near Dubai Creek, Etihad Rail said.

"We reviewed one of the country’s most significant infrastructure projects, the Etihad High-Speed Passenger Rail," Sheikh Mohammed added. "With a speed of 350kph, this railway is set to transform mobility and economic connectivity across the emirates.

"Its contribution to GDP will exceed Dh145 billion over the next five decades. More than just a railway, Etihad High-Speed Train represents a new national ambition, a strategic federal link and a step towards building an infrastructure that remains among the best and most advanced globally."

Attracting top talent

During the meeting, ministers approved a new phase of the UAE Strategy for Talent Attraction and Retention 2031.

The policy is central to the UAE's efforts to secure the brightest and best minds from across the globe to bolster key sectors, such as technology, renewable energy, health care and biotechnology, logistics and aviation, advanced industries, financial services, food and water technology, and the creative economy.

The Cabinet cited a LinkedIn report which named the UAE as the world's leading destination for workers seeking to broaden their career horizons and enjoy a high standard of living.

The UAE leads the Middle East and North Africa region in human development and ranks first in the UN’s Human Development Index, the media office said.

Championing innovation

The Cabinet also announced the launch of Government Innovation Month during the meeting.

Sheikh Mohammed said innovation was "an integral part of the government’s culture, operations, and execution".

Sheikh Mohammed added: "The Mohammed bin Rashid Centre for Government Innovation, which we established earlier, exports best practices and expertise to over 30 governments worldwide, further solidifying the UAE’s leadership in government innovation. Innovation will remain at the heart of enhancing government efficiency, improving lives and driving business growth across the UAE.

Promoting cyber safety

During the ministerial meeting, Sheikh Mohammed said the government had adopted the National Cybersecurity Strategy, which aims to bolster the UAE's online security measures.

"The UAE is ranked among the top global performers in the 2024 Global Cybersecurity Index and we have one of the most secure and advanced digital infrastructures in the world," the Prime Minister said.

"In the coming phase, we will continue strengthening cybersecurity measures, ensuring a resilient and secure digital environment that protects national assets, and supports future progress.”

Environmental progress

The Cabinet reviewed the important work being carried out under the National Strategy to Combat Desertification 2022-2030, highlighting its significant achievements to date.

A total of 1,800 hectares of previously degraded land have been rehabilitated under the long-term project, with the proportion of degraded land in the Emirates reduced to only 1.2 per cent.

Smart monitoring systems powered by artificial intelligence have been instrumental in stabilising carbon levels in soil, the Cabinet was told.

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

MATCH INFO

Uefa Nations League

League A, Group 4
Spain v England, 10.45pm (UAE)

LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

Mumbai Indians 213/6 (20 ov)

Royal Challengers Bangalore 167/8 (20 ov)

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The biog

Name: Younis Al Balooshi

Nationality: Emirati

Education: Doctorate degree in forensic medicine at the University of Bonn

Hobbies: Drawing and reading books about graphic design

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Five films to watch

Castle in the Sky (1986)

Grave of the Fireflies (1988)

Only Yesterday (1991)

Pom Poki (1994)

The Tale of Princess Kaguya (2013)

UAE currency: the story behind the money in your pockets
Updated: February 03, 2025, 5:05 PM`