UAE Ministry of Economy

Competition Regulation Committee holds first 2018 meeting discussing punitive measures to address credit card infringement practices

  • Al Shehhi: There is a need to discuss steps aimed at adjusting the fees of credit card companies based on international rates and to address monopolies in this area 
  • UAE Competition Law enforces penalties of up to AED 5 million for offenders 


Ministry of Economy launches the smart e-platform for UAE national program for SMEs and projects

H.E. Al Mansoori: “The platform will serve as a gateway for UAE pioneers and entrepreneurs towards achieving their goals and develop ideas and creations that can result in future innovations” Image-2-8.jpg

UAE ranks first place among nine economic indices of recently released global competitiveness reports

Ministry of Economy achieved top rankings in line with ‘Number One Challenge’ project

 Al Mansoori: The UAE’s top ranking demonstrates the strength of the country’s economic policies and reflects the Ministry’s continuing efforts in developing a national business environment

UAE participates in first trade and investment dialogue between GCC & European Union

  • Discussions center on facilitating bilateral trade & encouraging investments
  • Bilateral trade between UAE & European Union at USD 65.8 billion in 2016

The UAE participated in the first trade and investment dialogue between the Gulf Cooperation Council (GCC) and the European Union (EU), which concluded yesterday (Wednesday, May 17, 2017) at the headquarters of the Council’s General Secretariat at the Saudi Capital o