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Link here. The overall goals appear smart and worthwhile. They suffer from only one problem: This is a top-down policy, with the government attempting to drag the society forward in a specific direction. The direction might be a good one, but generally such efforts have limited success.
This paragraph meanwhile reveals the influence U.S. policy is having:
Effective and Attractive Space Regulatory Environment – The third enabler recognizes the need to incorporate and develop domestic space laws and regulations. These laws and regulations will be required to increase transparency, effectiveness, and resilience, and also provide protection of intellectual property rights as well as provide insurance policies and facilities for various private space activities. The legal and regulatory environment created through the third enabler will simplify the sharing of appropriate data and information to support value-added industries. The environment envisioned by the third enabler will strive to require the minimum regulatory burden on commercial space activities to enable the UAE to comply with its domestic and international legal obligations. That another country like the UAE might offer a more effective and attractive foreign legal and regulatory environment has been used to great effect in lobbying efforts in the United States and has prompted the both the House and Senate to reevaluate the U.S. commercial space licensing scheme. [emphasis mine]
I have highlighted the key phrases. The first illustrates the recognition that less government regulation is best, a variation of the basic American idea of freedom. The second notes the importance of competition. Just as Congress is rewriting its space laws to make it easier for U.S. citizens and companies to compete in space, the UAE recognizes that it must do the same.