UAE Developing Digital Bankruptcy Platform, Expanding AI Use in Judicial Services: Justice Minister
Abu Dhabi, The Gulf Observer: UAE Minister of Justice and Chairman of the Federal Judicial Council, Abdullah Sultan bin Awad Al Nuaimi, announced that the Ministry of Justice is developing an integrated digital platform for financial restructuring and bankruptcy procedures aimed at streamlining processes, enabling remote services, and enhancing operational efficiency in line with international best practices.
Speaking at the opening of the Fourth Annual Conference on Financial Restructuring and Bankruptcy (FRC 2026) in Abu Dhabi, Al Nuaimi said the ministry is accelerating the adoption of artificial intelligence (AI) and generative AI technologies to modernize judicial and legal services, strengthen legal knowledge management, support decision-making, and improve data analysis capabilities.
He noted that the global economy is undergoing rapid transformations marked by technological advancements, evolving challenges, and increasing risks. In this context, financial restructuring and insolvency frameworks have evolved from being purely legal mechanisms into essential tools for preserving economic value, safeguarding employment, encouraging investment, and reinforcing confidence in the economy.
The minister emphasized the need for closer cooperation between government institutions, the financial sector, and private enterprises to develop an effective and sustainable financial restructuring and insolvency ecosystem.
Al Nuaimi said the UAE’s strategy in this area is guided by the objectives of We the UAE 2031, which seeks to strengthen the legislative and judicial framework, support sustainable economic growth, enhance national competitiveness, and consolidate the country’s position as a leading destination for business and investment.
He highlighted the Ministry of Justice’s role in advancing this vision through the development of a flexible and modern judicial system capable of meeting the evolving needs of investors, businesses, and society.
The minister further noted that the UAE has consistently adopted a proactive approach to promoting economic resilience and ensuring business continuity. Through a series of targeted policies and initiatives, the country has sought to ease financial pressures on businesses, support key economic sectors, attract talent and investment, and create an environment conducive to innovation and sustainable growth.
The conference brought together policymakers, legal experts, and industry stakeholders to discuss developments in financial restructuring and insolvency frameworks and their role in strengthening economic stability and investor confidence in the UAE.
