On reaching 50 years of service, His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President and Prime Minister of the UAE and Ruler of Dubai, shared eight principles of governing Dubai and stressed that these principles ensure the well-being of the UAE’s people, the sustained progress of the nation, and the welfare of future generations.
His Highness Mohammed bin Rashid wrote on his official twitter account, “I would like to thank all those who showed appreciation in the mark of my 50 years of service. I dedicated 50 years of my life serving my country; it gave me experience, wisdom and lots of love and peace.” Following the tweet, His Highness shared another tweet sharing the eight governing principles of Dubai. The tweet read, “Today, I share the eight defining principles for governing in Dubai. I call on all those in a position of responsibility in the Emirate to abide by these principles ensuring their implementation at all events and times http://En.teo.ae “
He stressed that all those in a position of responsibility in the Emirate of Dubai to abide by these principles, and direct them to devise mechanisms to ensure the implementation of these principles at all events. The principles lay a strong foundation for the UAE’s future growth, economic conditions, business, law and more.
Here are eight principles in full
1. The Union is the Foundation
Dubai is an integral part of the UAE and a pillar of the federation. The Emirate’s destiny is entwined with the UAE’s destiny, its well-being is vital to the UAE, and its people are ever-willing to sacrifice for the greater good of the country. The Union’s interest is above local interest, the Union’s laws transcend our laws and legislations, the Union’s policy is our policy, and the Union’s government priorities are our government’s priorities.
2. No One is Above the Law
Justice is the basis of a strong and proud nation, and guarantees prosperity and stability. No one is above the law in Dubai, Starting with the ruling family. The law does not discriminate between citizens and residents, rich and poor, male and female, Muslims and non-Muslims. Justice delayed is justice denied. “Injustice anywhere is a threat to justice everywhere”. I renounce unfair practice or conduct of any person, and the ruling family shall likewise renounce any form of injustice as long as it governs the Emirate.
3. We are a Business Capital
The Government of Dubai aims to improve the lives of its people through strengthening its economy. Dubai does not invest or involve itself in politics, and does not rely on politics to ensure its competitiveness. We extend a hand of friendship to all those who hold good intentions towards Dubai and the UAE. Dubai is a politically neutral business-friendly global hub that focuses on creating economic opportunities.
4. Three Factors Drive Growth
Dubai’s growth is driven by three factors: a credible, resilient and excellent government; an active, fair and open private sector; and public and government-owned flagship companies that compete globally, and generate an income for the government, jobs for its citizens, and assets for future generations.
5. Our Society has a Unique Personality
Our society is a respectful and coherent one, bound by tolerance and openness. It distances itself from all forms of discrimination and biasness. It is a disciplined society, committed to its promises, timelines and covenants. We are modest about our successes, perseverant in dealing with challenges, charitable and generous in achieving the greater good, and open to everyone.
6. We Believe in Economic Diversification
Economic diversification has been the foundation of our unwritten constitution in Dubai since 1833. The changing times and the rapid developments make our commitment to this principle everlasting. Our new goal is to create at least a new economic sector every three years that will be productive, contribute to our GDP, and generate jobs.
7. A Land for Talent
Dubai has always relied on talented tradesmen, administrators, engineers, creatives, and dreamers for its success. The Emirate’s prominence, sustainability and competitiveness depend on its capacity to continue attracting skilled and talented people, and nurturing the brightest minds to generate innovative ideas. We have to continually review and renew our policies and procedures to ensure our appeal to talented individuals. We must build the best environment in Dubai for the world’s leading minds.
8. We Care about Future Generations
The destiny of our future generations must not be affected by the fluctuations of regional politics and global economic cycles. We invest and create valuable assets for them. Our fundamental rule in this regard is that the government should, under all circumstances, own economic assets that are worth at least 20 times the value of its annual budget. We work towards maintaining a secure future, and we are focused today on ensuring the prosperity of our future generations.