Page 191 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

11/3/25, 4:19 PM UAE hosts MENA-OECD Business Advisory Board meeting - Middle East Business News and Information - mid-east.info

H.E. 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.

Economic legislation driving expansion in new economy sectors:

His Excellency 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.

Economic diversification driven by knowledge and sustainability:

H.E. 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.” His
Excellency added that sustainability remains a key pillar of economic competitiveness, with

climate-smart practices being embedded across tourism, industry, logistics, and finance
sectors.

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