He mentioned those trends have supported the rustic’s financial efficiency, with non-oil GDP rising via 6.8% in 2025. The UAE additionally ranked first globally in financial efficiency and retained its regional lead for the 10th consecutive yr, in step with the IMD 2026 International Competitiveness Yearbook.
Enhance for native corporations
The committee additionally reviewed techniques to lend a hand nationwide corporations make bigger into highbrow assets actions, with explicit focal point on about 9,500 corporations enrolled within the Nationwide Programme for Small and Medium Enterprises.
The purpose is to lend a hand those corporations flip inventions and innovations into financial property that may generate long-term price and returns. The committee additionally mentioned making improvements to get admission to to the Ministry of Economic system and Tourism’s AI-powered highbrow assets services and products.
The transfer is a part of a broader push to beef up the UAE’s highbrow assets framework and give a boost to new spaces of financial enlargement, particularly amongst native companies and SMEs.
Prime-value transactions
The committee additionally mentioned more potent coordination between federal and native government at the governance of high-value financial transactions between industrial entities within the UAE.
The target is to beef up monetary compliance, give a boost to transparency and deal with clean transactions throughout trade sectors.
Bin Touq mentioned, “The meeting is another step in addressing a range of topics and initiatives aimed at facilitating business and economic activities in the UAE, regulating monetary transactions between commercial enterprises, reinforcing financial compliance, and enhancing the national intellectual property framework.”
The committee mentioned paintings will proceed to make stronger the UAE’s financial legislative setting in keeping with the targets of the “We the UAE 2031” imaginative and prescient, which seeks to place the rustic first globally in growing proactive regulation for brand spanking new financial sectors.
Nivetha Dayanand is Assistant Industry Editor at Gulf Information, the place she spends her days unpacking cash, markets, aviation, and the massive shifts shaping existence within the Gulf. Prior to returning to Gulf Information, she introduced Finance Center East, entire with a podcast and video collection.
Her reporting has taken her from breaking spot information to long-form options and high-profile interviews. Nivetha has interviewed Prince Khaled bin Alwaleed Al Saud, Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu, IMF’s Jihad Azour, and an extended record of CEOs, regulators, and founders who’re reshaping the area’s economic system.
An Erasmus Mundus journalism alum, Nivetha has shared school rooms and newsrooms with reporters from greater than 40 nations, which most definitely explains her weak point for information, context, and a excellent follow-up query.
When she is clear of her keyboard (AFK), you might be perhaps to seek out her on the health club with an Eminem playlist, bingeing One Piece, or exploring video games on her PS5.
