The UAE Cabinet has approved a new economic cluster policy aimed at boosting competitiveness and driving growth, with projections to increase GDP by more than $8 billion annually and raise foreign trade by over $4 billion within seven years.

Chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, the Cabinet meeting at Qasr Al Watan in Abu Dhabi also endorsed several national policies, including the National Policy for Economic Clusters.

The framework is designed to establish interconnected industries and services across key sectors such as financial services, tourism, space, food, and communications. It aims to leverage the UAE’s geographic advantages, business environment, and existing industrial strengths to create synergies that foster innovation and sustainable economic growth.

Officials said the policy will help strengthen the country’s innovation ecosystem, attract investment, and reinforce the UAE’s position as a global hub across multiple industries.

The Cabinet also approved several other key measures, including an updated National Plan for Reducing Aviation Emissions, reviews of environmental and air quality policies, and a comprehensive cybersecurity framework to enhance digital resilience. It confirmed public school readiness for the 2025–2026 academic year, approved regulations for electric vehicle charging stations, consumer protection rules, and tax procedures, and ratified 76 international agreements covering trade, investment, aviation, AI, and food safety.

In addition, the UAE will host 12 major global events, including World Maritime Day 2025 and the International Conference on AI in Sports.

Sheikh Mohammed concluded the meeting, saying: “All national teams are advancing their plans as intended, performance indicators confirm the success of their efforts, and every sector of our economy is progressing in line with the vision set by the President of the UAE.”