Page 44 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

Press Release

digital solutions, the system has enhanced the Committee’s capabilities in proposing and
developing economic legislation and policies, assessing their real-time impact on the business
community, and streamlining coordination with relevant stakeholders in the country.” His
Excellency explained that the new system will play a key role in achieving the national target
outlined in the ‘We the UAE 2031’ vision, which is to make the UAE the first globally in
developing proactive legislation for new economic sectors by the next decade.

Other topics discussed by the Committee include developments in the legislative and executive
framework for regulating and protecting competition in the UAE. Emphasis was placed on the
importance of organizing workshops and seminars in collaboration with relevant local entities to
raise awareness on the importance of enforcing competition laws and policies across various
economic sectors and preventing monopolistic practices. These efforts are aimed at achieving
economic balance in the market and protecting consumer rights.

Furthermore, the latest Committee meeting reviewed the progress made by the UAE Circular
Economy Council so far, most notably the adoption of 22 circular economy policies across four
main sectors: manufacturing, food, infrastructure, and transport. It also includes the establishment
of the Circular Economy Policy Committee and the formation of partnerships with the UAE private
sector to drive growth in sustainable technologies, clean energy, and waste management. The
Committee reiterated its commitment to ensuring the effective implementation of these policies
and accelerating the transition to a circular economy model, which will help secure a more
prosperous future for current and future generations while advancing the nation’s vision to become
the world’s most prosperous society by the next decade.

-Ends-

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