Page 331 - MOET ENGLISH PR REPORT

Page 331 - MOET ENGLISH PR REPORT - JUNE 2025

P. 331

6/25/25, 8:51 AM UAE Ministry of Economy and Tourism holds meeting with Oman’s Ministry of Commerce, Industry and Investment Promotion
Regulating Competition.

Mohammed Sultan Janahi, Director of Competition at the UAE Ministry of Economy and Tourism, emphasised that reinforcing
collaboration with Oman’s Ministry of Commerce, Industry, and Investment Promotion reflects the commitment of both countries to
develop a fairly competitive trading environment by adopting global best legislations and criteria. He highlighted that the Ministry of
Economy and Tourism, in collaboration with its partners, has intensified efforts to build an integrated legislative ecosystem that
promotes competition and enables fair business practices. Additionally, Mohammed Sultan Janahi expressed the Ministry’s
aspiration to expand coordination with Oman through joint studies and private sector awareness programs.

The Oman's Competition Protection and Monopoly Prevention Centre representative reaffirmed the importance of the partnership
with the UAE Ministry of Economy and Tourism, underscoring its strategic value in leveraging UAE’s experience in competition
regulation and fair-trade practices as well as enhancing competition ecosystem at both the bilateral and Gulf Cooperation Council
(GCC) levels.

The meeting concluded with both sides agreeing to strengthen collaboration during the upcoming phase by developing an action
plan, which includes organising technical workshops on the digital platform economy and facilitating data and expertise exchange
to support cross-border studies and research.