Ministry of Economy

NEWS DESK GCC UAE

UAE promotes global economic cooperation & plays a key role in creating investment opportunities

News Desk 2 26/04/2023

London, 26 April 2023: H.E. Abdullah Bin Touq Al Marri, Minister of Economy, held a number of bilateral meetings, including one with Lord Dominic Johnson, Minister of State in the Department for Business and Trade, UK, on the sidelines of his participation in the 13th edition of City Week Forum

NEWS DESK

H.E. Bin Touq underlines the need to create investment opportunities in new economy sectors

News Desk 2 25/04/2023

London, 25 April 2023: H.E. Abdullah bin Touq Al Marri, Minister of Economy, participated in the 13th edition of the City Week 2023 forum, which took place on Monday 24 in London, UK, and will continue to 26 April. Through its three sessions, the latest edition of the forum discussed the issues of climate change, […]

NEWS DESK

Ministry of Economy announces AED 10,000 fine for non-compliance with resolution

News Desk 2 13/04/2023

Abu Dhabi, April 13, 2023: The Ministry of Economy (MoE) announced that it will impose fines on suppliers and retailers that fail to comply with the Ministerial Resolution No. 41 of 2023, issued on March 6, 2023, raising the prices of eggs and poultry products by a maximum of 13 per cent. The violators of […]

NEWS DESK

Ministry of Economy imposes fines

News Desk 2 27/03/2023

Abu Dhabi, 27 March 2023: The Ministry of Economy imposed fines worth AED 22.6 million on 29 companies operating in the UAE’s designated non-financial business or professions (DNFBP) sector for failure to comply with the anti-money laundering and combating the financing of terrorism (AML/CFT) legislation. The initiative falls in line with the Ministry’s efforts to […]

Business

Minister of Economy holds meetings

News Desk 2 17/03/2023

Abu Dhabi, 17 March 2023  H.E. Abdullah bin Touq Al Marri, Minister of Economy, held meetings with trade ministers of India, Bahrain, Singapore and Indonesia on the sidelines of CII Partnership Summit 2023. The Summit took place recently in New Delhi, India, under the theme ‘Partnerships for Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses.’

NEWS DESK

Economic Integration Committee meeting discusses draft law

News Desk 2 01/03/2023

Abu Dhabi, 1 March 2023: The Economic Integration Committee held its second meeting for the year 2023, chaired by H.E. Abdullah bin Touq Al Marri, Minister of Economy. The meeting was attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and representatives of local economic development departments from all emirates […]

NEWS DESK

Ministry of Economy highlights new law commercial agency law

News Desk 2 26/01/2023

Abu Dhabi, 25 January 2023: His Excellency Abdulla Al Saleh, Under Secretary of the Foreign Trade and Industry at the UAE Ministry of Economy, emphasized that the UAE is determined to foster the attractiveness and competitiveness of the business environment in order to keep pace with the future economic trends. The UAE further aims to […]

Business

Ministry of Economy launches ScaleUp Franchise program in partnership with ‘Emtiyz’ to enable UAE SMEs to benefit from franchising

News Desk 2 02/01/2023

Abu Dhabi, 2 January 2023: In line with the UAE’s efforts to accelerate the growth of the business of startups and SMEs, support their expansion plans, and increase their investments in local and global markets, the Ministry of Economy launched the ScaleUp Franchise program in partnership with ‘Emtiyz,’ a company specialized in franchising. The program […]