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UAE Merger Control: When Do You Need Ministry of Economy Approval?

UAE merger control has become a major compliance requirement for businesses after the introduction of the 2026 competition regime. Under Cabinet Decision No. 59 of 2026, certain mergers, acquisitions, and joint ventures cannot proceed unless the Ministry of Economy’s Competition Department reviews and approves the transaction. This approval is now mandatory and suspensory, meaning the deal cannot close until clearance is granted.

The rules are simple, but extremely important. If a transaction crosses the AED 300 million turnover threshold or the 40% market share threshold, the parties must file an economic concentration notification. Missing this step can delay the deal, expose parties to penalties, and create legal risks for both buyers and sellers.

This article explains the thresholds, who must file, when filing is required, and why merger control is now a critical part of deal planning in the UAE.

Also check: Mergers and Acquisitions Advisory Services

Understanding the New 2026 Merger Control Thresholds

The UAE now uses two main thresholds to determine whether a transaction requires approval. These thresholds are designed to identify deals that may affect competition in a specific market.

1. AED 300 Million Turnover Threshold

If the combined annual turnover of the parties in the UAE is AED 300 million or more, the transaction must be notified. Turnover includes UAE sales of all parties involved in the merger, acquisition, or joint venture.

2. 40% Market Share Threshold

If the parties will hold 40% or more of a relevant market after the transaction, filing is required. This applies even if turnover is below AED 300 million.

These thresholds are alternative, meaning that meeting either one triggers mandatory filing.

Checklist: Does Your Deal Require Ministry of Economy Approval?

Use this simple checklist to assess whether your transaction triggers Competition Department approval:

ConditionFiling Required?When Filing Is Not Required
Combined UAE turnover of all parties is AED 300 million or moreFiling is requiredIf combined UAE turnover is below AED 300 million
Combined market share after the deal is 40% or moreFiling is requiredIf combined market share stays below 40%
Transaction is a merger, acquisition, or joint venture that gives control or decisive influenceFiling is requiredIf the deal does not change control or influence
Transaction may reduce competition in a UAE marketFiling is requiredIf the deal does not affect competition
Deal involves joint control or creation of an independent JVFiling is requiredIf the JV is not independent or does not perform economic activity

If any of these apply, the deal cannot close until approval is granted.

Related: Acquisition Due Diligence Service

Need Expert Advice?

Contact the team at Farahat & Co. for professional support and expert insights for businesses operating in the UAE.

Who Must File the Notification?

The UAE clearly defines who is responsible for filing the merger control notification.

Acquisitions

The buyer must file. This includes share purchases, asset purchases, and acquisitions of control.

Mergers

All merging parties must file jointly. This ensures both sides provide accurate market information.

Joint Ventures

All JV partners must file. This applies to both newly created JVs and acquisitions of joint control.

This responsibility cannot be delegated or ignored. Filing is a legal obligation.

Why Merger Control Is Now a Critical-Path Item

Under the 2026 regime, merger control is suspensory. This means:

  • The deal cannot close until approval is granted
  • Signing without filing is allowed, but closing is prohibited
  • Any steps that transfer control before approval are illegal
  • The Ministry can impose penalties for non-compliance

For this reason, merger control must be included in:

  • Transaction timelines
  • Closing conditions
  • Share purchase agreements
  • Due diligence planning
  • Regulatory risk assessments

Ignoring merger control can delay the deal by months and create legal exposure.

What Counts as an Economic Concentration?

The UAE defines economic concentration broadly. A filing is required when a transaction results in:

  • A merger of two or more businesses
  • An acquisition of control or decisive influence
  • A joint venture that performs economic activities independently
  • Any transaction that reduces competition in a market

This definition is intentionally wide to capture all types of structural changes.

See also: Due Diligence Audit Services

How the Review Process Works

The Ministry of Economy’s Competition Department reviews the notification to determine whether the transaction harms competition. The review typically includes:

  • Market definition
  • Market share analysis
  • Competitive impact assessment
  • Entry barriers
  • Consumer impact
  • Efficiencies claimed by the parties

The Ministry may approve, approve with conditions, or reject the transaction.

Why These Rules Matter for Businesses

The 2026 merger control regime brings the UAE in line with international competition standards. Businesses must now:

  • Assess merger control early
  • Include regulatory approval in deal planning
  • Prepare market data and turnover calculations
  • Coordinate filings with legal advisors
  • Avoid closing before approval

This ensures fair competition and protects consumers in the UAE market.

 

Frequently Asked Questions (FAQs)

What is the turnover threshold for UAE merger control?

The threshold is AED 300 million in combined UAE turnover. If the parties exceed this amount, filing is mandatory before closing.

What is the market share threshold for merger control?

If the merged entity will hold 40% or more of any UAE market, the transaction must be notified, even if turnover is lower.

Who files the merger control notification?

In acquisitions, the buyer files. In mergers and joint ventures, all parties must file together because each party contributes market information.

Can a deal close before approval is granted?

No. The UAE regime is suspensory, meaning closing is prohibited until the Ministry of Economy approves the transaction.

What happens if a business fails to file when required?

The Ministry may impose penalties, delay the transaction, or take enforcement action because filing is a legal obligation.

Do joint ventures require approval?

Yes, if the JV performs economic activities independently and meets the turnover or market share thresholds.

Need Expert Advice?

Contact the team at Farahat & Co. for professional support and expert insights for businesses operating in the UAE.

How Farahat & Co. Can Help

Farahat & Co. supports businesses with full UAE merger control compliance. We help companies assess whether thresholds are triggered, calculate turnover and market share, prepare economic concentration filings, communicate with the Competition Department, draft supporting documents and market analyses, manage timelines and closing conditions, and avoid penalties and delays.

Our team ensures your transaction meets all requirements under Cabinet Decision No. 59 of 2026 and proceeds smoothly.

Contact Farahat & Co. today and discover your need for merger control compliance.

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