Page 335 - MOET ENGLISH PR REPORT - JUNE 2025

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

Oman’s Ministry of Commerce, Industry and Investment

Promotion to strengthen bilateral ties in competition regulation
and fair trade practices

June 23, 2025
The Competition Department at the UAE Ministry of Economy and Tourism held a coordination meeting with the
Competition Protection and Monopoly Prevention Centre at Oman’s Ministry of Commerce, Industry, and Investment
Promotion. The meeting marked a significant step forward in enhancing bilateral collaboration, with a shared
commitment to supporting competition and enabling fair business practices across fast-growing economic and
technological sectors.

Advertise here.

During their meeting, both sides discussed mechanisms to monitor monopolistic behaviour in digital markets and the
activation of legal enforcement tools aimed at fostering transparent and fair business environments. They underscored
the importance of stimulating private sector investment and highlighted the vital role of technical knowledge-sharing
and human capacity-building in reinforcing their respective position in regional and global competition policy forums.

The UAE side presented its regulatory framework governing competition in the digital economy, highlighting best
practices in handling complaints related to eCommerce platforms, in accordance with Federal Decree‑Law No. 36 of
2023 regarding 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.

https://mid-east.info/uae-ministry-of-economy-and-tourism-holds-meeting-with-omans-ministry-of-commerce-industry-and-investment-promotion-to-stre… 1/2