Page 47 - MOET ENGLISH PR REPORT - JULY 2025

Press Release

Ministry of Economy & Tourism launches second phase of economic policy
development project in partnership with OECD

Event explores mechanisms for building an integrated economic policy framework rooted
in diversification, efficiency, and transparency

Abu Dhabi, July 16, 2025:

The Ministry of Economy and Tourism launched the second phase of the UAE’s Economic Policy
Development Project in partnership with the Organization for Economic Cooperation and
Development (OECD). The project aims to modernize economic policies and legislation in line with
global best practices and standards, reinforce national efforts to enhance the competitiveness of the
business environment, and support the diversification and growth of the national economy.

The announcement was made during an event organized by the Ministry in Dubai in the presence of
H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism; H.E. Dr. Maria Hanif Al
Qassim, Assistant Undersecretary for Policies and Economic Studies at the Ministry of Economy &
Tourism. The event was also attended by representatives from various other ministries, federal and
local government entities, as well as senior officials from the OECD.

H.E. Bin Touq said: “Thanks to the directives of our wise leadership, the UAE today stands out with
an advanced and pioneering economic legislative environment that has achieved significant
milestones in recent years. Over the past four years alone, more than 30 economic legislations and
resolutions were developed, driving national economic growth and fostering a competitive legislative
landscape that attracts investors, entrepreneurs, and business owners from around the world. Today,
the country is home to over 1.1 million businesses and economic institutions.”

His Excellency added in his speech at the event: “The launch of the second phase of the Policy
Alignment Project reflects the UAE’s ongoing national efforts and steadfast commitment to shaping
a forward-looking, innovative, and sustainable vision for the country’s economic legislative system.
It also reinforces our partnerships with leading international organizations and institutions in this
field. Furthermore, the project supports our national objective of positioning the UAE as the global
leader in developing proactive legislation for emerging economic sectors by the next decade, in line
with the We the UAE 2031 vision.”