Economic Committee Focuses on Business Competitiveness
The article focused on the meeting of the Economic Integration Committee in the UAE, chaired by Abdullah bin Touq, the Minister of Economy and Tourism. The discussion revolved around strengthening the competitiveness of the business environment, developing economic policies, and supporting growth and investment. The meeting emphasized the development of a comprehensive legislative and economic environment to enhance the capabilities of the private sector, noting a real GDP growth rate of 3% in the first quarter of 2026, and an increase in non-oil GDP to 79.4% of the economy. The committee also reviewed the development of economic clusters to boost cooperation between companies and government entities, as well as efforts to combat money laundering and enhance oversight levels to ensure the sustainability and resilience of the UAE economy in the face of global changes.
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