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6/25/25, 9:41 AM UAE Ministry Of Economy And Tourism Holds Meeting With Oman's Ministry Of Commerce, Industry And Investment Promotion To …

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

Date Share on Facebook Tweet on Twitter
2025-06-23 03:15:18

(MENAFN- Mid-East Info) 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.

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.

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