“NBK” discusses “energy” and “housing” policy with the government on Tuesday

Next Tuesday, the Federal National Council will hold its 11th session of the third regular session of the 17th legislature, chaired by Council President Saqr Ghobash, to discuss two general topics, the first on “the policy of the Ministry of Energy and Infrastructure”, and the second, “The Sheikh Zayed Program Housing Policy”, and the adoption of my report and recommendations of the Committee on Islamic Affairs, Endowments and Public Utilities, headed by Saeed Rashid Al-Abedy, regarding to the two issues, in the presence of the Minister of Energy and Infrastructure Suhail bin Muhammad Faraj Al Mazrouei, a large number of ministers leaders and government representatives.

The session witnessed the briefing of the members of the Council on 4 international agreements and treaties concluded by the government in recent period, including “Federal Decree No. 47 of 2022 ratifying an agreement between the Government of the State and the Government of the Republic of Iraq to Encourage and Protect Investments, Federal Decree No. 48 of 2022 ratifying a Bilateral Agreement for the Promotion and Protection of Investments between the Government of the State and the Government of Jersey, Federal Decree No. (49) of 2022 ratifying an Agreement between the Government of the State and the Government of the Democratic Republic of the Congo for the avoidance of double taxation and the prevention of tax evasion with respect to taxes on income, Federal Decree No. (50) of 2022 By ratifying an agreement between the Government of the State and the Kingdom of Belgium concerning the u delivery of criminals.

The President of the Council also announced at the meeting the referral of three draft federal laws received from the government to the relevant parliamentary committees, the first of which is a federal draft law amending some provisions of Federal Legislative Decree No. ) of 2019 on public finances (urgently referred to the Financial, Economic and Industrial Affairs Committee), the second, a federal draft law on cooperatives (referred as a matter of urgency to the Financial, Economic and Industrial Affairs Committee), and finally, a draft federal law on the approval of the consolidated final account of the union (consolidated financial statements) for the financial year ended December 31, 2021 (reference to the Committee on Financial, Economic and Industrial Affairs).

With regard to the reports received from the committees, the Council receives the report from the Education, Culture, Youth, Media and Sports Committee on the Council’s recommendations regarding the subject “Policy of the Ministry of Culture and Youth”, as well as the report of the Committee on Health and Environment on the Council’s recommendations on the subject “Ministry of Health and Community Protection Policy on Mental Health Promotion in the United Arab Emirates, for approval and reference of the recommendations contained therein to the Council of Ministers to take the necessary decisions.

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