Page 661 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

2/25/25, 5:18 PM UAE calls for developing deal on facilitating trade exchange
rethinking strategies to strengthen their tools and adopt sustainable practices to address economic
challenges regionally and internationally.

It also discussed mechanisms to enhance profitability across various economic sectors, as well as
the importance of providing additional incentives and enablers to encourage entrepreneurs to achieve
high growth rates and expand into vital and sustainable sectors.

Bin Touq said, “The UAE has pioneered a visionary approach to developing a dynamic and
competitive economic legislative framework based on global best practices. Over the past four years,
the nation has issued and updated over 30 key economic laws, policies, and resolutions, focusing on
new and future-centric sectors, including e-commerce, arbitration, commercial transactions, family
businesses, and cooperatives.

“These efforts have made the UAE a more attractive destination for businesses and entrepreneurs
from around the world, strengthening its position as a regional and global hub for business and
investment.”

WAM

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