Ministry of Economy

NEWS DESK

Ministry of Economy signs MoU with ADNOC to integrate data and enhance digital transformation

News Desk 1 06/12/2024 0

As part of its efforts to enhance the digital transformation of the National Economic Registry (‘Growth’ platform) and to broaden its partner base, the Ministry of Economy signed a memorandum of understanding (MoU) with ADNOC, the leading national company in energy production. The partnership

NEWS DESK

Minister of Economy tours two food sector companies, emphasizes the need to boost industry’s competitiveness

News Desk 1 18/11/2024 0

As part of the Ministry of Economy’s Economic Engagement initiative, H.E. Abdulla bin Touq Al Marri, Minister of Economy, visited two food sector companies with an aim to boost collaboration with the country’s private sector. During the visit, the companies were briefed on leading national policies and strategies including the economic clusters strategy, which seeks […]

NEWS DESK

Ministry of Economy organises Cooperative Sector Leaders Forum

News Desk 1 11/11/2024 0

The Ministry of Economy (MoEc) organised the Cooperative Sector Leaders Forum – the first-ever event tailored for leaders in the UAE’s cooperative sector. It was aimed at promoting the exchange of knowledge and best practices and increasing awareness on the key global developments and trends in the sector. Additionally, the forum explored expansion strategies and

NEWS DESK

Ministry of Economy announces 34% growth in the number of intellectual property registrations in the country

News Desk 1 11/11/2024 0

 The Ministry of Economy announced the results of the UAE’s intellectual property (IP) sector performance during the first nine months of 2024. The registration of intellectual property, trademarks, patents, and utility certificates experienced remarkable growth, confirming the success of the national efforts to establish an environment that stimulates innovation;

NEWS DESK

H.E. Bin Touq meets with his Estonian counterpart to discuss strengthening of economic cooperation between the two countries

News Desk 1 18/10/2024 0

H.E. Abdulla Bin Touq Al Marri, Minister of Economy, met with a delegation from the Republic of Estonia led by H.E. Erkki Keldo, the Minister of Economy and Industry of Estonia. The meeting explored ways to enhance economic cooperation between the two countries in areas of mutual interest, including the new economy, technology, industry, tourism, […]

NEWS DESK

Ministry of Economy and Federal Youth Authority organize Youth Circle to foster entrepreneurship culture among Emirati youth

News Desk 1 11/10/2024 0

The Ministry of Economy and the Federal Youth Authority organized a youth circle, themed ‘Entrepreneurship and the Future: The Role of Youth in Shaping the New Economy,’ in the presence of H.E Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship; and H.E Sultan Al Neyadi, Minister of State for Youth. A number of Emirati […]

NEWS DESK

Ministry of Economy launches National Economic Registry ‘Growth’ to support the UAE’s efforts in providing proactive government services

News Desk 1 02/10/2024

The Ministry of Economy announced the launch of the National Economic Registry (NER) – Growth – the largest unified and reliable database of enterprises and companies’ business licenses across the seven emirates. This registry combines the procedures and requirements for establishing businesses and conducting economic activities in the country into a single

NEWS DESK

H.E. Alia Al Mazrouei meets with CEOs of 20 venture capital funds to discuss enhancing national entrepreneurship ecosystem

News Desk 1 18/09/2024

Her Excellency Alia bint Abdulla Al Mazrouei, UAE Minister of State for Entrepreneurship, held a roundtable with 20 directors and CEOs of venture capital funds. The meeting was aimed at enhancing cooperation to support the development of the UAE’s entrepreneurial ecosystem and the growth of startups by promoting their expansion into new economic sectors. This […]

NEWS DESK

Ministry of Economy and International Cooperative Alliance explore opportunities

News Desk 1 17/09/2024

H.E. Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, held a meeting with Jeroen Douglas, Director General of the International Cooperative Alliance (ICA), to explore opportunities for strengthening collaboration and exchanging best experiences to foster the advancement of the cooperative sector. H.E. Al Saleh highlighted that the UAE has placed

NEWS DESK

“Sustainable Prosperity: Reorienting for a Balanced Future”

News Desk 1 12/09/2024

The Arabia Corporate Social Responsibility Network (ACSRN) has announced the agenda of the 12th cycle of the Arabia Corporate Social Responsibility and Sustainability Forum, set to take place on October 9 & 10 at the Dubai Chamber of Commerce, under the esteemed patronage of the Ministry of Economy. Ms. Habiba Al Mar’ashi, Founder & CEO […]

NEWS DESK

Ministry of Economy organizes event to celebrate Emirati Women’s Day 2024

News Desk 1 29/08/2024

The Ministry of Economy (MoEc) organised an event to celebrate Emirati Women’s Day 2024, which was attended by H.E. Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship; and H.E. Badreya Al Maidoor, Assistant Undersecretary for Support Services at the Ministry of Economy, along with several Emirati women entrepreneurs and AI and technology

NEWS DESK

UAE to host seventh Arab Competition Forum in 2026

News Desk 1 09/08/2024

The UAE is set to host the seventh Arab Competition Forum scheduled for 2026, organized by the United Nations Economic and Social Commission for Western Asia (ESCWA), the United Nations Conference on Trade and Development (UNCTAD), and the Organization for Economic Co-operation and Development (OECD). During the Forum, the Ministry of Economy will highlight the […]

NEWS DESK

Ministry of Economy continues its efforts in implementing the UAE’s AML/CFT legislative and regulatory system

News Desk 1 09/08/2024

The Ministry of Economy affirmed that it continues its efforts to implement the legislative and regulatory system for anti-money laundering in the country, in accordance with international best practices. In addition, the Ministry continues to monitor the Designated Non-Financial Businesses and Professions (DNFBP) sector in order to ensure its highest levels of compliance

NEWS DESK

Economic integration Committee reviews national efforts to enhance the competitiveness of legislative environment

News Desk 2 22/07/2024

The Economic Integration Committee held its fourth meeting for the year 2024 under the chairmanship of H.E. Abdulla bin Touq al Marri, Minister of Economy, and with the participation of H.E. Alia bint Abdulla AlMazrouei, Minister of State for Entrepreneurship, and the representatives of local economic development departments across the UAE. H.E. Bin Touq and […]

NEWS DESK

Ministry of Economy reviews new Competition Regulation law and its role in developing regulatory & legislative frameworks

News Desk 2 11/07/2024

 The Ministry of Economy organized a media briefing to review the Federal Decree-Law No. 36 of 2023 on competition regulation, which aims to promote and protect competition in the country, combat monopolistic practices, counter harmful economic concentration of consumers, support the growth of economic sectors and boost productivity, thus enhancing the country’s

NEWS DESK

UAE participates in 65th Session of WIPO reviewing its efforts in building a competitive intellectual property protection system

News Desk 2 10/07/2024

H.E. Abdulla bin Touq Al Marri, Minister of Economy, led the UAE delegation participating in the 65th session of the Assemblies of the World Intellectual Property Organization (WIPO) member states, which began at the Organization’s headquarters in Geneva, Switzerland, and runs until July 17. H.E. Bin Touq confirmed that the UAE, in line with its […]

NEWS DESK

Ministry of Economy: New law on combating commercial fraud bolsters UAE’s legislation and protects consumers

News Desk 2 01/07/2024

The Ministry of Economy (MoEc) has clarified that Federal Decree-Law No. (42) of 2023 on Combating Commercial Fraud contributes to the creation of an integrated legislation that will significantly enhance consumer rights protection and combat commercial fraud in the UAE, aligning with the best global standards. This law introduces comprehensive mechanisms and regulations

NEWS DESK

Ministry of Economy and La Liga launch ‘Anti-Piracy Lab’ project

News Desk 2 27/06/2024

The UAE Ministry of Economy has signed a memorandum of understanding (MoU) with the Spanish National Professional Football League ‘La Liga’ to establish a lab aimed at combating piracy and protecting intellectual property rights in the UAE. The initiative will focus on detecting and addressing illegal use of audio and visual content across digital platforms. […]

NEWS DESK

UAE and Hungary agree on developing economic partnership in new economy

News Desk 2 21/06/2024

The fourth session of the joint economic committee (JEC) between the UAE and Hungary was held in the Hungarian capital Budapest recently, chaired by H.E. Abdullah bin Touq Al Marri, Minister of Economy, and H.E. Peter Szijjártó, Minister of Foreign Affairs of the Republic of Hungary. The meeting was attended by several officials and government […]

NEWS DESK

Ministry of Economy: Cooperative revenue hits AED 7.5 billion in 2022, marking 7% growth

News Desk 2 04/06/2024

 The Ministry of Economy released a comprehensive report detailing the exceptional financial and operational performance of the UAE’s cooperative sector for 2022, underscoring its vital role in strengthening national economic growth and enhancing competitiveness. The report revealed that total cooperative revenues surged to AED 7.5 billion in 2022, marking a 7 per