Abdullah Al Salih, Undersecretary of the Ministry of Economy and Tourism, confirmed that the law on trade through modern technologies aims to create a favorable environment for investment and contribute to the growth of the digital economy sector. He emphasized that this law is an important step towards diversifying the country's economy and reducing dependence on the oil sector. The new legislation regulates e-commerce transactions, protects consumer rights, and establishes clear rules for online platforms. Al Salih also noted that the law will help attract international companies and enhance the competitiveness of domestic businesses in the global market.
UAE Confirms Law on Trade Through Modern Technologies
UAE's Undersecretary of Economy and Tourism confirms a new law regulating e-commerce and fostering investment in the digital economy.