Page 200 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)

11/3/25, 4:19 PM UAE Hosts MENA-OECD Business Advisory Board Meeting - UrduPoint
Undersecretary for Support Services at the Ministry; Fawaz Majed Al Bassam,

Assistant Deputy Minister for Structural Policies at the Saudi Ministry of Economy

and Planning; Carlos Conde, Head of middle East and Africa Division at the
OECD Global Relation and Cooperation Directorate; Marta Blanco, President of

the International Relations Committee of the 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

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