Page 201 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
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11/3/25, 4:19 PM UAE Hosts MENA-OECD Business Advisory Board Meeting - UrduPoint
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.”
He highlighted that the MENA region is experiencing accelerated growth across
several key economic and tourism sectors. Inbound tourism to the region
increased by 32 per cent compared with the pre-2019 levels, while the growth in
the industrial sector is driven by major projects and technology partnerships,
strengthening the new and circular economy sectors. In the field of
entrepreneurship, regional business incubators serve as strong support platforms
for various categories, empowering women and youth in this vital field.
Dr. Maria Alqassim explained that the meeting contributes to reinforcing the
public-private dialogue and cooperation and forms a key component of the UAE-
OECD partnership under the MENA-OECD Competitiveness Programme.
She described BAB as a reliable platform enabling the private sector and
government-policymakers to engage and develop practical solutions, focusing on
tourism, SMEs and entrepreneurship, and agribusiness. “We aim to adopt
tangible measures to enhance value chains, launch investments, and build more
diversified, competitive and future-ready economies,” she said.
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