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The group vowed to "carefully calibrate and clearly communicate actions... to minimise negative spillovers, mitigate uncertainty and promote transparency."
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Monetary policy has been a key focus at a meeting of finance ministers and central bankers from the Group of 20 in the Turkish capital Ankara this week.
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G20 unlikely to come up with any concrete step to curb the spillover
Abu Dhabi and Dubai are among the Middle East's 16 largest centres of economic growth where $367 billion of GDP is at risk from a series of threats over the next decade.
Country's GDP growth in 2015 is expected to reach 3.9 per cent.
Sultan bin Saeed Al Mansouri, UAE's Minister of Economy, was addressing as chairman of the 96th ordinary ministerial meeting of the Arab Economic and Social Council.
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The expected changes in government taxation policies and regulation of service providers would be the most important factors in the process of development of the industry.