Ministry of Economy

NEWS DESK

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

PR News Desk 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

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Ministry of Economy and International Cooperative Alliance explore opportunities

PR News Desk 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

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“Sustainable Prosperity: Reorienting for a Balanced Future”

PR News Desk 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 […]

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

PR News Desk 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

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UAE to host seventh Arab Competition Forum in 2026

PR News Desk 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 […]

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

PR News Desk 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

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

News Desk 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 […]

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

News Desk 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

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

News Desk 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 […]

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

News Desk 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

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

News Desk 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. […]

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UAE and Hungary agree on developing economic partnership in new economy

News Desk 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 […]

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

News Desk 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

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Economic Integration Committee reviews progress of National Registry

News Desk 04/06/2024

The Economic Integration Committee held its third meeting of 2024 under the chairmanship of H.E. Abdulla bin Touq Al Marri, Minister of Economy, and with the presence and membership of H.E. Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade. The meeting was attended by representatives of local economic development departments from […]

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UAE participates in international diplomatic conference on genetic resources in Geneva

News Desk 30/05/2024

The UAE participated in the Diplomatic Conference on Genetic Resources and Associated Traditional Knowledge, organized by the World Intellectual Property Organization (WIPO) in Geneva. The Conference marks the final stage of negotiations prior to the adoption of an international legal instrument on enhancing the effectiveness, transparency, and quality of the patent

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Ministry of Economy launches 2nd edition of IP & Video Games Forum in cooperation with WIPO

News Desk 23/05/2024

The Ministry of Economy (MoEc) launched the second edition of the “Intellectual Property (IP) and Video Games: Commercial and Legal Cases” forum, in cooperation with the World Intellectual Property Organization (WIPO), with an aim to support creators and innovators and foster the growth of the UAE’s creative and technology industry sectors. H.E. Dr. Abdulrahman Al […]

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Ministry of Economy starts accepting applications for registration of family businesses in the unified registry

News Desk 23/05/2024

With an aim to enhance the operations of family businesses in the UAE, the Ministry of Economy announced that it has started accepting applications from family companies for their registration in the unified registry for family businesses. The initiative aims to align the practices of family businesses with global standards and support their continuity in […]

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Ministry of Economy hosts an array of events aimed at raising awareness on IP rights

News Desk 01/05/2024

The Ministry of Economy (MoEc) hosted an array of events in connection with the World Intellectual Property (IP) Day, celebrated this year under the theme ‘IP and SGDs: Building Our Common Future with Innovation and Creativity.’ The initiativeemphasized why IP protection is key to the achievement of Sustainable Development Goals (SDGs) and is a priority […]

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Ministry of Economy organizes ‘National Forum for SMEs – Government Procurement’ forum

News Desk 24/04/2024

The Ministry of Economy (MoEc) organized a forum titled ‘National Forum for SMEs – Government Procurement’ to help Emirati entrepreneurs maximize their benefit from tenders and contracts offered by federal entities and local companies. The forum was held with an aim to enhance their chances of winning these contracts, raise awareness on the importance of […]

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Ministry of Economy to launch ‘National Forum for SMEs – Government Procurement’ tomorrow

News Desk 22/04/2024

The Ministry of Economy (MoEc) announced that it will launch the ‘National Forum for Small and Medium Enterprises – Government Procurement’ on Tuesday, April 23, 2023, at 9.00 a.m., in the Godolphin ballroom of the Jumeirah Emirates Towers hotel in Dubai. The objective of the Forum is to enable Emirati entrepreneurs to maximize the competitive […]