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8/16/24, 1:46 PM                      UAE to host seventh Arab Competition Forum in 2026 - Middle East News 247
        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

        monopolistic practices, addressing detrimental economic clusters that affect consumers, supporting the
        growth of various economic sectors, boosting productivity, and making the country more attractive for both
        local and international investments. ESCWA, in collaboration with UNCTAD and OECD, launched the first

        competition forum in 2020, in Beirut, Lebanon. The event serves as an annual platform where stakeholders in
        the region come together to share knowledge and experiences on competition policies and their
        enforcement.


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