Page 183 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

Spanish Confederation of Business Organisation (CEOE) and BAB co-chair; as well as

representatives from the public and private sectors and specialized institutions involved in
development activities across the Middle East, Africa, and OECD countries.
Bin Touq emphasised that thanks to the vision of our wise leadership, the UAE today boasts an

advanced and pioneering legislative and economic environment. In recent years, the country has

witnessed transformative developments in economic policies and legislations, enhancing its
competitiveness and attractiveness for investment, talent, and entrepreneurial projects. These

policies place people at the core of our strategy, which is why we carefully align public investment
and government policies with innovation driven by businesses and the private sector in key sectors

such as AI, health, space, agrifood, clean energy, and fintech.
He explained that over the past five years, the UAE has introduced more than 35 economic laws,

policies, and decisions, including 10 landmark legislations in new economy sectors. These
measures have fostered a flexible and competitive economic environment that supports future

trends and new economy projects. He highlighted that these legislative advancements were
established in alignment with the national objective of positioning the UAE as the global leader in

the development of proactive legislation for emerging economic sectors by the next decade, in line
with the ‘We the UAE 2031’ vision.

Bin Touq continued, “The non-oil sectors accounted for over 77 per cent of GDP in Q1 2025.
Recently, we launched the Green Innovation District at Expo City Dubai, designed to redefine

industrial development by integrating economic growth with environmental sustainability and
social responsibility. The initiative highlights the strength of the UAE’s economic diversification

driven by innovation and knowledge and underscores the balance of the country’s economic
structure and its alignment with global sustainability standards.” He added that sustainability

remains a key pillar of economic competitiveness, with climate-smart practices being embedded
across tourism, industry, logistics, and finance sectors.

Bin Touq stated, “The collaboration between the UAE and OECD serves as a model for effective
institutional partnership. This collaboration has given rise to a series of joint projects and initiatives

aimed at promoting inclusive and sustainable economic growth. We look forward to further

strengthening cooperation with the OECD and our regional partners to help build an integrated,
leading economic ecosystem that fosters growth and fair competitiveness based on innovation and
sustainability.”

https://www.wam.ae/en/article/bmgrklu-uae-hosts-mena-oecd-business-advisory-board