Announced by a government’s minister, Ohood Al Roumi, at the Dubai Future Forum on Wednesday that the UAE is working on a second set of law reforms for the nation. He mentioned that the nation must maintain its competitive advantage.
When the UAE celebrated its Golden Jubilee last year, Al Roumi said that the country’s largest regulatory reforms had been put into motion. And because we are aware of the importance of rules and regulations in preserving our country’s competitiveness moving forward, she added, “We are also working on a fresh second set of laws and regulations.” And this time the conform legal announcement is made by the government’s minister.
The UAE proposed a comprehensive law reform that intends to improve the nation’s business, investment, and economic possibilities as well as increase social stability, security, and the protection of both individual and institutional rights.
The revisions were made during the “Year of the 50th” (in 2021) and are meant to keep up with the UAE’s advancements in development and represent the nation’s long-term goals. The amendments, which collectively mark the largest legislative reform in the young nation’s fifty-year history, comprised adjustments to over 40 statutes.
Ohood Al Roumi, a minister of state for government development and the future, made the comments while speaking with moderator Jane Witherspoon on how governments can control emerging trends and technologies.