Latest news with #MinistryofForeignTrade
Sharjah 24
8 hours ago
- Business
- Sharjah 24
Mohammed bin Rashid announces changes to UAE government
His Highness Sheikh Mohammed bin Rashid said, 'Following consultations with my brother, His Highness the President, and with his approval, we announce today changes to the UAE government as follows: establishment of a Ministry of Foreign Trade in the UAE government and appointment of Dr. Thani Al Zeyoudi as Minister of Foreign Trade, and renaming the Ministry of Economy to Ministry of Economy and Tourism led by Abdullah bin Touq Al Marri.' He added, 'We also announce that the National Artificial Intelligence System will be adopted as an advisory member in the Council of Ministers, the Ministerial Development Council, and all boards of federal entities and government companies starting from January 2026 to support decision-making in these councils, conduct real-time analyses of their decisions, provide technical advice, and enhance the efficiency of government policies adopted by these councils across all sectors.' His Highness Sheikh Mohammed bin Rashid said, "The world is undergoing a comprehensive transformation phase… scientifically... economically... and socially... our goal is to prepare today for the coming decades... our goal is to ensure continued prosperity and dignified life for future generations."
Al Etihad
9 hours ago
- Business
- Al Etihad
Mohammed bin Rashid announces changes to UAE government
20 June 2025 19:49 ABU DHABI (WAM) Following consultations and approval of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, announced on Friday changes to the UAE Highness Sheikh Mohammed bin Rashid said, 'Following consultations with my brother, His Highness the President, and with his approval, we announce today changes to the UAE government as follows: Establishment of a Ministry of Foreign Trade in the UAE government and appointment of Dr. Thani Al Zeyoudi as Minister of Foreign Trade, and renaming the Ministry of Economy to Ministry of Economy and Tourism led by Abdullah bin Touq Al Marri.'His Highness added, 'We also announce that the National Artificial Intelligence System will be adopted as an advisory member in the Council of Ministers, the Ministerial Development Council and all boards of federal entities and government companies starting from January 2026 to support decision-making in these councils, conduct real-time analyses of their decisions, provide technical advice, and enhance the efficiency of government policies adopted by these councils across all sectors.' His Highness Sheikh Mohammed bin Rashid said, "The world is undergoing a comprehensive transformation phase… scientifically... economically... and socially... our goal is to prepare today for the coming decades... our goal is to ensure continued prosperity and dignified life for future generations."
Tourism Breaking News
11 hours ago
- Business
- Tourism Breaking News
UAE unveils major government restructuring to boost Trade, Tourism, and AI Integration
Post Views: 90 In a significant move to strengthen the UAE's global economic position and future-readiness, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced a series of strategic changes in the federal government structure. The current Ministry of Economy will be renamed the Ministry of Economy and Tourism, highlighting the vital role tourism continues to play in the country's economic diversification strategy. The ministry will continue to be headed by HE Abdullah bin Touq Al Marri. Among other key changes is the establishment of a dedicated Ministry of Foreign Trade, with HE Dr. Thani Al Zeyoudi appointed as its Minister. This new ministry reflects the UAE's growing focus on expanding its global trade footprint and fostering international economic partnerships. Additionally, in a landmark development, Sheikh Mohammed also announced the integration of the National Artificial Intelligence System as an advisory member in the UAE Cabinet, the Ministerial Development Council, and all federal boards of directors, effective January 2026. The AI system will provide real-time analysis, technical advice, and policy insights to enhance government decision-making and overall efficiency across sectors.
Russia Today
30-03-2025
- Business
- Russia Today
Paris accuses US of ‘interference' in French firms' DEI policies
France's Ministry of Foreign Trade has denounced a request by Washington that French companies working with the US government eliminate their diversity, equity, and inclusion (DEI) programs, calling it 'unacceptable interference' in a statement to AFP on Saturday. The statement came after French media outlets reported that the US embassy in Paris sent letters to several companies urging them to end internal anti-discrimination policies. The request follows a January executive order by US President Donald Trump aimed at dismantling DEI initiatives across federal agencies and contractors. According to Le Figaro, French firms working with the US were given five days to scrap their DEI or explain in writing why they could not. Each letter reportedly included a 'compliance form' and warned that failure to meet the new requirements could result in larger customs duties or even the termination of US government contracts. READ MORE: US demands French contractors abandon DEI policies – media 'American interference in the DEI policies of French companies, such as threats of unjustified customs duties, is unacceptable,' the French Trade Ministry told AFP. 'France and Europe will defend their businesses, their consumers, but also their values.' While the US embassy has not confirmed the request, the French Economy Ministry estimated that 'dozens' of companies could have received the notification, including a number of telecommunications firms. A senior Finance Ministry official earlier told Le Figaro that while the changes 'reflect the values of the new American government,' those values 'are not ours.' French Economy Minister Eric Lombard reportedly intends to raise the matter with his American counterparts. READ MORE: NASA removes diversity pledge from lunar program Since taking office, Trump has signed several executive orders targeting DEI initiatives, claiming such programs foster discrimination. While he cannot legally force private firms to comply, the administration has pressured contractors to align with federal policy. Major US companies, such as Amazon, Walmart, Meta, and Ford have already either scaled back or scrapped DEI initiatives in response to the new rules.
Yahoo
30-03-2025
- Business
- Yahoo
France slams US 'interference' in firms' diversity programs
France's Ministry of Foreign Trade on Saturday said US interference in the diversity and inclusion policies of French firms is "unacceptable." The ministry statement was in response to a letter sent by the US embassy in Paris to several French firms warning them against using diversity programs, a frequent target of the Trump administration. "American interference in the inclusion policies of French companies, along with threats of unjustified tariffs, is unacceptable," the trade ministry statement said. "France and Europe will defend their companies, their consumers, but also their values," it added. Copies of the US letter were first published in French media late on Friday. It was apparently sent to some French companies currently doing or looking to do business with the United States. It included an attached form, seen by several news agencies, that asked firms to certify that they "do not practice programs to promote diversity, equity and inclusion," or DEI. Such initiatives "infringe on applicable federal anti-discrimination laws" in the United States, the questionnaire says. US President Donald Trump signed an executive order banning federal DEI programs the day he returned to office for his second term as president. The letter states that Trump's order "also applies to all contractors and suppliers of the US government, regardless of nationality or country of operations." It is unclear how many French companies received the letter. They have five days to fill out and return the questionnaire. French law bans the consideration of origin, ethnic group or religion in hiring practices. It also bans the collection of race-based data. It's part of the state's "color-blind" approach to secularism (called laicite in French), which holds that all French are equally French. Rather, French corporate efforts to diversify their workforce focus more on gender and socioeconomic background. For instance, France legally requires companies with more than 250 employees and significant turnover to have 40% women on their boards. The country is now considered a global leader in women's working environment and has the second highest proportion of women on corporate boards, after Iceland, in the world. Edited by: Srinivas Mazumdaru
