Page 40 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
P. 40

Press Release




                     UAE hosts MENA-OECD Business Advisory Board meeting




               Abu Dhabi, 30 October 2025:

                The Ministry of Economy and Tourism hosted the MENA-OECD Business Advisory Board
               (BAB) on 29–30 October 2025, under the theme ‘Building Diversified and Connected
               Economies: Private Sector Strategies,’ in the presence of H.E. Abdulla Bin Touq Al Marri,
               Minister of Economy and Tourism. The event aimed to promote public-private collaboration,
               advance flexible and inclusive growth policies, and foster opportunities for growth in new
               economy sectors and sustainability initiatives.

               The meeting, held at Expo City Dubai, was attended by H.E. Dr. Maria Hanif Alqassim, Assistant
               Undersecretary for Policies and Economic Studies sector at the Ministry of Economy and Tourism;
               H.E. Dr. Abdulrahman  Al Muaini, Assistant Undersecretary for  Intellectual Property at the
               Ministry; H.E. Badreya Al Maidoor, Assistant Undersecretary for Support Services at the Ministry;
               H.E. 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.

               Government policies supporting private sector innovation


               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


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