Page 638 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

Dr Thani Al Zeyoudi. Photo: UAE Ministry of Economy/X

“Direct conversations with the private sector helped us reform our residency regulations,” Al
Zeyoudi said. The changes, designed in coordination with business leaders, aim to accommodate
the needs of high-net-worth individuals, entrepreneurs, and their families.
The UAE’s model of economic diplomacy, built on agility and public-private cooperation, is also
influencing its engagement with traditional partners like the United States and the European Union.
While economic ties with the US remain strong, Al Zeyoudi acknowledged growing global
protectionism, citing newly imposed US tariffs as a concern. “These challenges also create
opportunities,” he said, referencing one of the report’s core recommendations: transforming global
economic headwinds into innovative, competitive strategies.

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