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Find out moreWelcome to this edition of Law Update, where we focus on the ever-evolving landscape of financial services regulation across the region. As the financial markets in the region continue to grow and diversify, this issue provides timely insights into the key regulatory developments shaping banking, investment, insolvency, and emerging technologies.
2025 is set to be a game-changer for the MENA region, with legal and regulatory shifts from 2024 continuing to reshape its economic landscape. Saudi Arabia, the UAE, Egypt, Iraq, Qatar, and Bahrain are all implementing groundbreaking reforms in sustainable financing, investment laws, labor regulations, and dispute resolution. As the region positions itself for deeper global integration, businesses must adapt to a rapidly evolving legal environment.
Our Eyes on 2025 publication provides essential insights and practical guidance on the key legal updates shaping the year ahead—equipping you with the knowledge to stay ahead in this dynamic market.
An illustration of Dr Raja Easa Al Gurg, Vice Chairperson and Managing Director, Easa Saleh Al Gurg Group.
As a significant contributor to the economy with six decades of business acumen and expertise, several elements of the Centennial plan will be part of Easa Saleh Al Gurg’s strategic objectives this year and beyond.
As a multifaceted conglomerate ESAG continues to evolve, while balancing emerging global challenges that shape future progress. We believe in being at the forefront in aligning our operations to cohesively match the trade and economic goals of the nation.
Our priorities based on the draft plan would focus on:
To keep constantly evolving to meet future needs and build successful and valued business outcomes. To optimally balance Artificial Intelligence and Social Intelligence within our leadership and staff, which requires greater creativity and partnering with like-minded organisations.
There is less time to play it safe and a need to move to a position of learning from new realities. The future focus will need to encompass skills of adaptability, innovation, and courage.
One of the factors that distinguishes Dubai from other global business hubs is the strong value proposition it offers to companies, investors and top talent from around the world. The emirate continues to drive global interest by adding new competitive advantages and incentives.
The government’s forward-looking vision and proactive approach in adapting to changing market dynamics has resulted in several measures being introduced. These include long-term residency visas, a virtual working programme and most recently, a strategic move to grant UAE citizenship to select foreigners.
Going forward, start-ups and SMEs are expected to play a much bigger role in fostering a culture of innovation and supporting Dubai’s transition to a digitally driven economy in the post-COVID era. In the Dubai of the future, innovation, knowledge and intangible assets will be the key growth drivers and elevate the emirate’s standing in the global arena.
Dubai is a leading example of a city that has fast tracked economic development through close public-private sector co-operation. For instance, the emirate’s success in dealing with COVID-19 and the gradual reopening of the economy would not have been possible without the seamless collaboration between government and business stakeholders who aligned their efforts to ensure compliance and develop effective solutions.
As a bridge between Dubai’s government and businesses, Dubai Chamber plays a crucial role in facilitating public-private sector partnerships that foster economic growth and innovation. While our leadership lays the groundwork for UAE’s post-COVID-19 economic recovery and prepares for the next 50 years, we are now exploring new ways to involve the private sector in important discussions and plans that will shape the nation’s future.
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