Page 356 - MOE ENGLISH PR REPORT - JANUARY 2025

Minister of Economy spotlights UAE’s competitive advantages at Davos 2025

• Wednesday, January 22, 2025 12:08 PM

• 3 minutes Reading

• Summary

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DAVOS, 22nd January, 2025 (WAM) -- Abdulla bin Touq Al Marri, Minister of Economy, emphasised
the private sector's role as a key partner in driving national economic growth and boosting its
competitiveness at both regional and international levels.

In a session titled "Hard Power: A Wake-Up Call for Businesses Amid Global Economic Shifts," held
at the 55th Annual Meeting of the World Economic Forum (Davos 2025), Al Marri added that the
UAE has consistently involved the private sector in numerous national strategies and plans
launched over the past years, creating a unique model of successful public-private partnerships in
the country.
He stated that the number of new economic licences issued in UAE markets totalled 200,000 in
2024.

https://www.wam.ae/en/article/15dqvip-minister-economy-spotlights-uae%E2%80%99s-
competitive