Tag Archives: Minister of Economy and Tourism

Business & Investments

H.E. Bin Touq Promotes Compliance in Gold Sector

H.E. Bin Touq highlights UAE’s success in developing robust legislative and regulatory frameworks for gold trade

Abu Dhabi, May 13, 2026:

His Excellency Abdulla bin Touq Al Marri, Minister of Economy and Tourism, carried out an inspection tour of the Dubai Gold Souq to assess merchants’ compliance with regulations governing the gold sector, specifically those related to Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), and Counter-Proliferation Financing (CPF) frameworks. The gold sector is classified under the Designated Non-Financial Businesses and Professions (DNFBPs) overseen by the Ministry, necessitating the highest levels of compliance across market operations.

H.E. Bin Touq emphasized that the UAE, guided by the wise leadership, has made significant strides in developing a comprehensive legislative and regulatory framework for gold trade. These efforts align with the National Risk Assessment (NRA) for the sector and the international standards set by the Financial Action Task Force (FATF), thereby reinforcing the global reputation of the national economy.

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Ramadan Kareem

Minister of Economy and Tourism visits several retail outlets across the country

Minister of Economy and Tourism visits several retail outlets across the country to ensure price stability and the availability of goods ahead of Ramadan

H.E. Bin Touq: The UAE’s strategic stockpiles are well-prepared to ensure a continuous supply and long-term availability of goods

Abu Dhabi, 16 February 2026 – H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism and Chairman of the Supreme Committee for Consumer Protection, visited several retail outlets across the UAE to monitor price stability and the availability of essential goods during the holy month of Ramadan 2026. The visits also aimed to assess the compliance levels of traders, cooperative societies, and retail outlets with consumer protection laws and policies, particularly those on essential goods pricing, including the Ministry’s decision regarding the unit price of consumer goods.

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