Make it in the Emirates' day two spotlights innovation, industrial growth
Day two of the forum will feature a lineup of events under the theme 'The Impact of National ICV – The UAE's Commitment to Upskilling Talent'. The day will open with an informal ministerial session on the role of localisation in community engagement, aligning with the UAE Year of Community. It will be followed by the announcement of the ICV Champions and the opening of the Industrialists Career Exhibition.
The agenda will also feature a panel titled Strengthening National Resilience – ICV Champions, a Trailblazers Talk and a series of sessions discussing topics including Synergies in The UAE's Industrial Landscape, Deep Tech & Space Manufacturing: New Frontiers for the UAE's Industrial Ecosystem, and Makers, Innovators and Game Changers – Women Shaping the Future of Industry.
Activities will conclude with a panel discussion on Family Business – Key Enablers of Industrial Growth and Expansion.
Make it in the Emirates aims to amplify the economic and social impact of the National Strategy for Industry and Advanced Technology. It focuses on localising supply chains, fostering industrial growth through strategic partnerships, enablers, and investment opportunities.
It also highlights the role of AI in shaping the future of industry, offering competitive financing and technological transformation solutions to strengthen partnerships, promote innovative products, facilitate knowledge exchange, unlock new avenues of innovation, and empower startups.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
30-07-2025
- Zawya
NMDC Group reports robust H1 2025 results, demonstrating operational strength and strategic focus
The backlog remained strong, reaching AED 66.2 billion, supported by AED 15.1 billion in awarded projects Strong performance reflects the Group's ability to diversify its portfolio while maintaining a disciplined execution model in competitive markets Abu Dhabi, UAE: NMDC Group (ADX: NMDC), a global leader in engineering, procurement, construction and marine dredging, today announced its resilient financial results for the first six months of 2025, as the Group demonstrates operational excellence and adaptability amid a challenging environment. With an expanding geographical footprint and capitalizing on the infrastructure development in the MENA region, the Group reported revenue of AED 13.4 billion, representing a 10% year-on-year increase in H1 2025, with net profit rising 20% over the same period to AED 1.8 billion, demonstrating improving operational and net profit margins. NMDC Group's proven ability to deliver high-quality, tailored, turnkey solutions to clients that shape the future has driven continued progress and steady growth, with a backlog of AED 66.2 billion and AED 15.1 billion in awarded projects. The Group continues to build its pipeline of projects, valued at around AED 100 billion. In Q2 2025, Group revenue rose 5% year on year to AED 7.1 billion, while net profit came at AED 971 million, up 18% year on year, reflecting operational discipline and margin expansion. H.E. Mohamed Thani Al Rumaithi, Chairman of the Board of Directors, NMDC Group, said: 'NMDC Group continues to play a central role in advancing the UAE's industrial strategy, guided by our clear vision of delivering innovative solutions shaping the future. Our strong H1 performance reflects disciplined execution, strategic partnerships and a clear focus on national value. Beyond financial growth, we are expanding the country's industrial base and strengthening our position as a trusted platform for global investment and sustainable growth.' Eng. Yasser Zaghloul, Group CEO, NMDC Group, added: 'Our H1 performance reflects the strength of our operating model and our ability to execute at scale. We have expanded technical capacity, accelerated localization and deepened our delivery footprint across key markets. Our strategic partnerships are already translating into new opportunities and long-term value. As demand for complex infrastructure grows, NMDC Group is leading – with speed, precision and impact.' In Q2 2025, NMDC LTS business unit completed the acquisition of a 70% stake in Emdad, a UAE based integrated oilfield service provider; the transaction unlocks new opportunities and diversifies the Group's portfolio into opex-driven oilfield services. During Make it in the Emirates (MIITE) 2025, the Group signed five strategic agreements, aiming at exploring joint ventures that expand manufacturing in the UAE and support the growth of regional infrastructure, underscoring the Group's ability to translate international partnerships into local industrial growth. Building on 50 years of growth and operational excellence, this latest chapter showcased the Group's continued progress in delivering on its strategy of securing sustainable growth, diversifying its capabilities, and reinforcing its leadership in the marine and energy sectors. Looking ahead, NMDC Group's strategic objectives remain focused on driving revenue growth by cementing its position in the local market and expanding into new verticals and geographies.
Sharjah 24
19-07-2025
- Sharjah 24
Hamdan bin Zayed visits 21st Liwa Date Festival
Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, the festival affirms the UAE leadership's commitment to preserving national heritage and supporting related sectors. His Highness Sheikh Hamdan bin Zayed highlighted the continued support of the President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, toward efforts that safeguard Emirati culture and promote agricultural sustainability. During the visit, His Highness Sheikh Hamdan bin Zayed praised the festival's role in showcasing the cultural and agricultural significance of the palm tree as a symbol of national identity and in supporting local communities in Abu Dhabi, in line with the aspirations of the UAE Year of Community. His Highness underscored the festival's importance in empowering the local community, supporting farmers, and encouraging the cultivation of palm trees as a pillar of food security, and a key component of the UAE's heritage. He also commended the active participation of government and private entities, producers, manufacturers, and traditional craftswomen, highlighting Emirati traditions and promoting palm-related products. He toured the festival pavilions, reviewed entries in various competitions, met with judging committees for both the date and fruit competitions, and visited sections featuring heritage crafts, palm saplings, agricultural tools, a fresh dates market, the traditional souq, and displays from government and private sector organisations. His Highness was accompanied during the visit by Faris Khalaf Al Mazrouei, Chairman of the Abu Dhabi Heritage Authority; Nasser Mohammed Al Mansouri, Undersecretary of the Ruler's Representative Court in Al Dhafra Region; Abdullah Mubarak Al Muhairi, Acting Director General of the Authority; Obaid Khalfan Al Mazrouei, Executive Director of the Festivals and Events Sector at the authority; and a number of officials
Zawya
14-07-2025
- Zawya
Oman: ICV strategy unlocks $1.8bln in energy sector contracts for Omani SMEs
MUSCAT: Oman's In-Country Value (ICV) strategy delivered strong results in 2024, driving job creation and deepening economic localisation across the energy and mining sectors, according to the Ministry of Energy and Minerals' annual report. The Ministry confirmed that spending on small and medium enterprises (SMEs) reached $1.8 billion last year—accounting for 17.2% of total procurement in the energy sector. The overall ICV rate across the sector stood at 31.9%, underscoring efforts to retain more value within Oman's economy and promote domestic supply chains. Employment growth was a key outcome. The oil and gas sector achieved a national Omanisation rate of 89%, employing over 17,900 Omanis in 2024. Leading operators such as Petroleum Development Oman (PDO) and Daleel Petroleum surpassed the 90% mark, collectively hiring more than 1,400 nationals during the year. The mining sector also expanded its local workforce, reaching a 23% Omanisation rate, with approximately 900 Omani employees across its activities. Strategic projects such as the Al-Ghuzayn and Al Wash-hi copper developments are contributing directly to employment, with the former alone committing to 50 Omani jobs in its first phase. 'These figures reflect a deliberate shift from extractive revenue to inclusive economic impact,' the report stated, noting that localisation targets are now embedded in major energy and mineral contracts. To formalise these gains, the Ministry launched the 'Majd' programme in 2024 as a unified platform for ICV across the energy and minerals value chain. It also introduced the ICV Certificate system—currently in pilot phase and set for full rollout in 2025—aimed at rewarding companies that demonstrate high local content performance with bidding privileges. As part of the broader strategy, 23 specialised service contracts—including leak detection, oil tank cleaning, and hydrogen sulfide handling—were awarded to local firms, boosting SME participation in technical and industrial services. Since the inception of Oman's ICV policy in 2013, over 100 local workshops and industrial facilities have been established, and more than $400 million in localisation opportunities have been implemented. The report concluded that the combination of targeted policies, procurement reform, and national workforce integration is positioning Oman to transition toward a more sustainable, diversified, and resilient energy economy—core pillars of Oman Vision 2040.
