Sheikh Mohammed reviews UAE’s performance in global rankings

Sheikh Mohammed bin Rashid reviewed the UAE’s performance in important global rankings on Sunday during a Cabinet meeting.

The Vice President and Ruler of Dubai said the country’s rise in such rankings is due to the government’s performance and its efforts in improving the quality of life for its citizens and residents.

The Cabinet meeting was held at Qasr Al Watan in Abu Dhabi where ministers reviewed a report on the performance of the country in important global rankings.

The report presented by the Federal Competitiveness and Statistics Authority said that the UAE ranked first globally on 121 parameters, first in the Arab world on 479 competitive indicators, and among the top ten countries on 314 indicators.

The Cabinet approved four new organisational structures for the Ministry of Economy, Ministry of Culture and Youth, Ministry of Industry and Advanced Technology, and Ministry of Energy and Infrastructure.

A federal law that will help raise the quality of education and increase healthy competition between private schools was also approved.

The law will also regulate the licensing of private schools and keep a tab on their curriculum and the safety of pupils.

UAE ranked ninth in global competitiveness table

UAE global digital competitiveness rises in 2019: IMD Business School survey

The Cabinet also approved federal laws on the amendment of the penal code (Criminal Law), the Commercial Transactions Law, the Securities and Commodities Law, the Insurance Law, and the organisation of the telecommunications sector law.

It approved the executive regulations of the federal healthcare law and approved agreements to avoid double taxation between the UAE and several countries such as Chile, Egypt and Zambia.

Ministers also approved an agreement with Zambia to boost bilateral investments.

The Cabinet also reviewed financial statements of the Emirates Development Bank and the report of the external auditor for the fiscal year 2019.

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Three ways to boost your credit score

Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:

1. Make sure you make your payments on time;

2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;

3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.

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Towering concerns

Abu Dhabi tower demolition: calls for more clarity on tenant rights

OPINIONS ON PALESTINE & ISRAEL

Saeb Erekat: Palestine can overcome coronavirus, even as Israel undermines its efforts

Jonathan Cook: The US and Israel are scaring the ICC away from helping Palestine

Shaddad Attili: Palestine is not short on water - just the right to use it

Tell-tale signs of burnout

- loss of confidence and appetite

- irritability and emotional outbursts

- sadness

- persistent physical ailments such as headaches, frequent infections and fatigue

- substance abuse, such as smoking or drinking more

- impaired judgement

- excessive and continuous worrying

- irregular sleep patterns

Tips to help overcome burnout

Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’

Do activities that you want to do as well as things you have to do

Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones

Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation

Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.

The National in Davos

We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.

Benefits of first-time home buyers' scheme

Priority access to new homes from participating developers
Discounts on sales price of off-plan units
Flexible payment plans from developers
Mortgages with better interest rates, faster approval times and reduced fees
DLD registration fee can be paid through banks or credit cards at zero interest rates