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“President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree No. (6) for the year 2015 establishing the Federal Competitiveness and Statistics Authority (FCSA) under the UAE Cabinet.
The new Authority, to be based in the emirate of Dubai, effectively replaces the National Bureau of Statistics and the Emirates Competitiveness Council by integrating the functions of both the entities.
As per the decree, the Authority will work to strengthen the UAE’s position across all global competitiveness indicators as well as promote sustainable development, in addition to serving as the apex body that organises and manages the statistics and competitiveness sectors.
The Authority is also mandated to build an integrated national statistical system. The establishment of the FCSA supports the goals of the UAE Vision 2021, a strategic roadmap to make the UAE among the best countries in the world by 2021.
Functions of the Federal Competitiveness and Statistics Authority Aiming to support the UAE’s competitiveness indicators, the new Authority will undertake a wide array of functions to achieve its goals.
The functions of the Authority include proposing policies, strategies and plans for statistics and competitiveness in coordination with the government and the related entities, as well as evaluating international best practices in all areas of the statistics and competitiveness sectors.
The FCSA will also work to promote a culture of competitiveness, and provide training and support to all government entities for the advancement of statistics and competitive operations.
It will act as an incubator for promoting best and specialized national skills in the UAE, in addition to preparing and implementing a unified statistical system for various sectors in the country.
The Authority will also represent the nation at various international forums in the field of statistics and competitiveness. Enhancing coordination with local entities FCSA is entrusted with a bigger vision and wider tasks to make significant positive changes in strategies to strengthen the efforts of the UAE to increase its competitiveness, especially through information and data revolution.
As per the decree, the Authority is the first and only official reference for all matters related to competitiveness for global reports and surveys.
It will be also a source of official statistics regarding the nation. The Federal Competitiveness and Statistics Authority also will serve as the main link between all the federal and local governments, as well as private sector and international organisations in all matters related to the competitiveness and statistics.
The new Federal decree also nullifies the Federal Law No. 9 of 2009 concerning the National Bureau of Statistics, and eliminates all regulations contrary to or inconsistent with its provisions.
The federal decree will be published in the official newspapers, and shall be effective from the day following the date of publishing. The UAE Cabinet also issued a decree appointing Reem Ibrahim Al Hashimi, Minister of State, as Chairperson of the Federal Competitiveness and Statistics Authority.
The board will include representatives from the Executive Councils of Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Qaiwain, Ras al-Khaimah, and Al Diwan Al Amiri in Fujairah.
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The Federal Competitiveness and Statistics Centre organized an intensive national workshop on services trade statistics, in cooperation with experts from the World Trade Organization, the International Monetary Fund, the Organization for Economic Cooperation and Development and the United Nations Trade and Development Organization.
The workshop was attended by experts and specialists in national accounts and trade statistics from government agencies from all around the UAE, including the Ministry of Economy, the Ministry of Finance, the Federal Authority for Identity, Citizenship, Customs and Ports Security, as well as statisticians and economists from local statistical centers in the country.
His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stressed that the UAE, thanks to the vision of the wise leadership, continues to strengthen its international position in services trade, as it ranked 12th as the largest exporter of services in the world during 2022 according to the World Trade Organization, while the value of UAE services exports reached AED 567 billion, equivalent to $155 billion, according to the "Trade Profiles" report issued by the organization last October. This report provides key data on the trade of goods and commercial services for 197 countries worldwide.
His Excellency added that the new strategy for services exports recently adopted by the Cabinet will increase the contribution of this vital sector with promising potential to non-oil foreign trade and GDP of the UAE, as the UAE’s service exports are growing at rates faster than the global average, helping to solidify the UAE’s position as a global business hub with an increasingly advanced and high-value economy that relies on services.
Her Excellency, Hanan Ahli, Manager Director of the Federal Competitiveness and Statistics Centre, said that organizing the workshop comes as part of the joint efforts of the Centre, the World Trade Organization, ministries and government entities. These efforts aim to ensure alignment in the methodologies of collecting data related to services trade with the best practices and international standards. This is done to improve the business environment and achieve sustainable economic growth.
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