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Ministry of Economy

NEWS DESK

Ministry of Economy organizes workshops to promote awareness on the importance of reporting suspicious transactions in gold & precious stone sector

The Ministry of Economy, represented by the Department of Anti-Money Laundering, organized two workshops, in Arabic and English, to promote the awareness of traders and business owners in the gold and precious stones sector on the reporting of suspicious transactions to ensure the quality of these products when presented to the Financial Intelligence Unit (FIU). […]
Business

HE Al Zeyoudi meets delegation from Mexico to enhance cooperation in fields of trade, investment, agriculture, advanced technology and financial services

 His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has welcomed a delegation of senior government officials from Mexico to the United Arab Emirates as the two nations explore greater trade and investment opportunities. At the Ministry of Economy in Dubai, HE Dr Thani held discussions with Her Excellency Carmen […]
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Talent Attraction & Retention Committee reviews latest developments in the implementation of talent attraction initiatives

The Talent Attraction and Retention Committee held its fourth meeting, chaired by H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Minister in charge of Talent Attraction and Retention recently. The meeting reviewed the progress made in the implementation of the UAE’s Talent Attraction & Retention Strategy, and the results […]
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Hybrid-electric VTOL aircraft manufacturer Odys Aviation to enter the UAE under the Ministry of Economy’s NextGen FDI Programme

Abu Dhabi, UAE – 26 May, 2023: The Ministry of Economy has announced that Odys Aviation, a US-based company developing hybrid-electric vertical take-off and landing (VTOL) aircraft designed for both regional distances and short-haul “air taxi” routes, has joined its NextGen FDI program, which provides pioneering businesses in high-potential sectors with the market-entry
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Ministry of Economy receives 700 applications for Phase II of The Entrepreneurial Nation over seven months

Abu Dhabi, 23 May 2023: The Ministry of Economy revealed that it has received 700 applications from startups and SMEs wishing to participate in phase II of The Entrepreneurial Nation programs, between October 2022 and April 2023. The Ministry is currently in the process of shortlisting these applications in accordance with the program’s eligibility criteria. […]
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Ministry of Economy imposes fines

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

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.’
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Economic Integration Committee meeting discusses draft law

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 […]