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enhance growth, financing mechanisms and competitiveness in various UAE-British
economic activities and to expand into foreign markets.
Moreover, the meeting saw the exchange of experiences in the development of flexible
economic policies and their role in promoting the growth and sustainability of the two
countries' economy. Bin Touq reviewed the UAE’s advanced economic legislative
system and its role in enhancing the competitiveness of the national business
environment and consolidating its leadership regionally and globally.
These include the promulgation and development of new legislation for the sectors of
cooperatives, commercial transactions, commercial registry, and family businesses; the
granting of 100% foreign ownership to companies; facilitating business establishment
procedures; and promoting openness to the world by establishing international
partnerships with targeted strategic markets. In addition, he drew attention to the UAE’s
promising investment opportunities in the sectors of tourism, family businesses, e-
commerce, manufacturing, sustainable transport, and technology.
https://en.aletihad.ae/news/business/4460224/uae--uk-explore-opportunities-to-strengthen-economic-
partner