UAE News Today : Business

Participate in the Emirates Forum to showcase the UAE’s industrial investment opportunities


The third edition of Do in the Emirates Forum, organized by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with the Abu Dhabi Department of Economic Development (ADDED) and ADNOC, the May 28 and 29, 2024 at the Abu Dhabi Energy Center.

The annual platform showcases facilitators and investment opportunities within the UAE industrial sector. Understand the Do it at the Emirates Awardscelebrating the industry’s greatest contributors to sustainable industrial growth and Emiratisation.

The two-day forum aligns with the objectives of the National Strategy for Industry and Advanced Technology and the Do it in the Emirates initiative, focusing on the theme of “Investment, Sustainability, Growth”. The event provides a knowledge-sharing platform for members of the local and international industrial community to discuss expansion, investment and partnership opportunities, as well as incentives and facilitators.

Do it in the Emirates It is expected to attract wide participation from decision makers, government and private sector officials, local and international private companies, experts, entrepreneurs, financial institutions, investors, startups and SMEs.

Omar Al Suwaidi, Undersecretary of MoIAT, saying,

“The Make it in the Emirates Forum aligns with leaders’ directives to enhance the UAE’s enabling ecosystem, creating hundreds of industrial investment opportunities every year. This is in line with the National Strategy for Industry and Advanced Technology, which aims to support the growth and competitiveness of the UAE’s industrial sector, as well as provide incentives and facilitators to investors through the ministry’s initiatives. These initiatives include the National National Value Program, which leverages government spending to drive industrial growth, as well as the Technology Transformation Program that supports the transformation, efficiency and sustainability of industrial companies.”

Al Suwaidi He noted that the ministry’s initiatives aim to strengthen the UAE’s position as a regional and global hub for manufacturing and innovation, and a leading destination for industrial investment.

“The second edition of the forum saw significant growth in deals, with UAE companies committing to invest AED 120 billion. The number of products identified for local manufacturing increased to more than 1,400 compared to the 300 announced during the first edition, with funding of AED 6 billion provided by national strategic partners including First Abu Dhabi Bank and Mashreq. More than 5,000 officials, investors, manufacturers, important local and international industrial companies, technology developers, government entities and financial institutions attended.”

he added.

Al Suwaidi noted the annual forum’s sessions and events, which focus on the UAE’s vital industrial sectors, including advanced industries, clean energy, food and pharmaceutical manufacturing, technology investment and digital transformation. He highlighted how the event recognizes successful industrial companies, leading national companies, the private sector, startups and SMEs. He also highlighted the capabilities and leading position of the UAE industrial sector, supported by a strong legislative framework that attracts local and international investments.

He Do it in the Emirates Forum and exhibition announced the 13 winners of the contest Make at the Emirates Awards, which covers 10 categories related to industrial transformation and technology adoption. The initiative aims to improve the competitiveness of the industrial sector and promote advanced technologies and sustainable practices. It reflects the commitment to empower companies in the UAE industrial sector and support the National Strategy for Industry and Advanced Technology. Additionally, the event provides a platform for Emirati youth, entrepreneurs and startups to showcase their projects, encouraging innovation, product development and sustainable economic growth.

News source: Emirates News Agency


UAE News Today :

UAE News Today : Latest UAE News, Dubai, Abu Dhabi, Sharjah & Middle East News : Get the latest updates & breaking headlines news from across the UAE including Dubai and Abu Dhabi UAE. Get the latest update on UAE, business, life style, UAE jobs, gold rate, Exchange rate, UAE holidays, Dubai police, RTA and prayer times from UAE's largest news.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button