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8/16/24, 1:45 PM                                             Latest News


        UAE to host seventh Arab Competition Forum in


        2026


         09/08/2024





        Ministry of Economy will showcase the UAEs' experience in competition developing and regulating

        competition, at the forum





        Abu Dhabi, 9 August 2024:
        The UAE is set to host the seventh Arab Competition Forum scheduled for 2026, organized by the United

        Nations Economic and Social Commission for Western Asia (ESCWA), the United Nations Conference on
        Trade and Development (UNCTAD), and the Organization for Economic Co-operation and Development

        (OECD).



        During the Forum, the Ministry of Economy will highlight the UAE’s leading role in developing, regulating, and
        safeguarding competition. The event will serve as a platform for sharing experiences of participating
        countries, facilitating discussions and exchange of insights on the competition culture and policies in the

        region, as well as exploring the best practices adopted in this field.



        The Forum will feature a series of sessions on key economic factors that play a crucial role in boosting
        competition, while also addressing the challenges associated with improving the competitive landscape at

        regional and global levels. More than 100 officials and experts from Arab and international organizations
        dedicated to competition are expected to attend the forum.



        The Ministry of Economy said that the hosting of this forum by the UAE will help achieve the objectives of the
        ‘We the UAE 2031’ vision and the ‘Economic Principles of the UAE.’ These visions aim to create a

        competitive and free national economy that fosters a vibrant business environment teeming with
        opportunities and promising potential.



        The Ministry added that the Forum will provide a significant opportunity to strengthen collaboration with Arab
        countries in the development of competition policies. It aims to draw on both regional and global experiences

        in this area and to raise awareness about the country's competition laws, particularly Federal Decree-Law
        No. 36 of 2023 on competition regulation. This legislation plays a key role in promoting and safeguarding

        competition, enhancing the national economy's competitiveness both regionally and globally, tackling


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