The committee discussed several measures to strengthen the competitiveness of the business and investment environment. It also reviewed mechanisms to support price oversight in markets and to regulate retail points of sale, with the aim of maintaining price stability and restoring market balance.

Members examined ways to develop mechanisms that enable national companies to expand into intellectual property activities. This aims to support sustainable economic growth and strengthen the country’s regional and global economic competitiveness. The committee also reviewed a report on the implementation of recommendations from its previous meeting.

His Excellency Abdullah bin Touq Al Marri stated that, under the guidance of its leadership, the UAE continues to strengthen its position as a leading global business and investment hub. He noted that the country has adopted a forward-looking approach to developing economic legislation and policies in line with global best practices, thereby improving its ability to attract investment and build an advanced regulatory and economic environment.

He added that these developments have strengthened national economic growth and competitiveness, with non-oil GDP growing by 6.8% in 2025. He also noted that the UAE ranked first globally in economic performance and maintained first place regionally for the tenth consecutive year, leading the economies of the Arab region, the Middle East, and North Africa, according to the Global Competitiveness Report 2026 issued by the International Institute for Management Development.

The committee highlighted the vital role of the private sector in strengthening consumer protection, regulating commodity pricing, and maintaining market stability. It emphasised the need to continue regulatory efforts on traders and retail outlets in the coming period to ensure balanced markets and price normalisation.

The committee also discussed mechanisms to support the expansion of national companies—particularly those participating in the national SME programme, numbering around 9,500 firms—into intellectual property fields. It encouraged them to transform innovations and inventions into tangible economic assets that generate sustainable value and revenue. It also highlighted enhanced access to intellectual property services provided by the Ministry of Economy, supported by artificial intelligence technologies.

The meeting further addressed strengthening cooperation between relevant federal and local entities to support the governance of high-value financial transactions between commercial companies. This aims to enhance financial compliance, maintain transactional flexibility across sectors, and strengthen transparency and financial discipline within the country’s business environment.

The committee stressed that its ongoing efforts aim to enhance the competitiveness of the UAE’s legislative and economic environment in support of We the Emirates 2031, which targets global leadership in developing anticipatory legislation for emerging economic sectors by the next decade.