Latest news with #AlJaber
Daily Tribune
27-05-2025
- Business
- Daily Tribune
BENEFIT develops local FinTech leaders
TDT | Manama A new wave of Bahraini FinTech leaders is being groomed under the second edition of BENEFIT's Ruwaad Leadership Program, as the Kingdom's flagship digital finance firm ramps up efforts to build local leadership for the sector's future. The four-month programme aims to transform emerging professionals into strategic thinkers equipped to lead in Bahrain's evolving digital economy. With its emphasis on hands-on training, executive skills, and innovation, Ruwaad is fast becoming a key talent engine in the country's FinTech ecosystem. Skilling for the future The launch follows the strong performance of last year's inaugural cohort, with BENEFIT now expanding the programme's scope to strengthen Bahrain's competitive edge in financial technology. 'This marks the culmination of the outstanding success achieved by the inaugural cohort,' said Muneera Al Jaber, Manager of Learning & Development at BENEFIT. 'At BENEFIT, we firmly believe that investing in the development of young talent is a cornerstone for fostering sustainable leadership and excellence within the financial sector.' She said the initiative reflects the company's commitment to nurturing professionals who can contribute meaningfully to both national growth and internal innovation. Part of a pipeline Ruwaad is one of several career-building initiatives launched by the company, including the Masar Internship Programme and the FinTech Drivers initiative. Together, they form a growing pipeline that supports young Bahrainis from entry-level exposure to high-level leadership development. 'These efforts will continue, ensuring that emerging talent actively contributes to the growth and advancement of Bahrain's FinTech sector,' said Al Jaber.
Biz Bahrain
27-05-2025
- Business
- Biz Bahrain
BENEFIT launches second cohort of Ruwaad Leadership Program to empower future fintech leaders
BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, has announced the launch of the second cohort of its Ruwaad BENEFIT Leadership Program, building on the success and impact achieved by the inaugural cohort last year. The Ruwaad BENEFIT Leadership Program delivers a comprehensive, four-month experience aimed at accelerating the development of emerging leaders. Participants will be equipped with advanced skills, strategic insights, and practical experiences essential for excelling in their careers and driving impact within Bahrain's dynamic FinTech landscape. Ms. Muneera Al Jaber, Manager of Learning & Development at BENEFIT, said: 'The launch of the second cohort of 'Ruwaad BENEFIT Leadership Program' marks the culmination of the outstanding success achieved by the inaugural cohort and the notable progress demonstrated by its participants. At BENEFIT, we firmly believe that investing in the development of young talent is a cornerstone for fostering sustainable leadership and excellence within the financial sector. This program stands as one of the key initiatives through which we aim to cultivate a new generation of leaders equipped to meet the evolving demands and aspirations of the future'. Ms. Al Jaber affirmed that this initiative reflects BENEFIT's commitment to nurturing leadership talent and equipping emerging professionals with the skills and expertise necessary to shape the future of the financial sector and drive innovation within the company. 'Ruwaad BENEFIT Leadership Program forms part of a broader series of successful initiatives dedicated to strengthening the capabilities of Bahraini youth by providing them with practical experience and high-calibre skills in the field of FinTech, including Internship Program 'Masar' and the FinTech Drivers Program. Efforts to develop and empower emerging talent will continue, ensuring their active contribution to the growth and advancement of Bahrain's FinTech sector.' said Ms. Al Jaber.
Arabian Post
23-05-2025
- Business
- Arabian Post
ADNOC Commits Dhs6bn to Boost Domestic Manufacturing
Arabian Post Staff -Dubai Abu Dhabi National Oil Company has entered into framework agreements valued at Dhs6 billion with 12 UAE-based manufacturers to produce critical industrial equipment locally. This initiative, part of the 'Make it in the Emirates' programme, aims to enhance the resilience of the nation's supply chain and create up to 1,300 skilled private-sector jobs. The agreements focus on the domestic production of cables and pressure vessels, essential components in ADNOC's operations. By localising the manufacturing of these items, ADNOC seeks to ensure timely availability, reduce dependency on international suppliers, and mitigate global supply chain disruptions. ADVERTISEMENT The signing took place during the 'Make it in the Emirates' forum in Abu Dhabi, attended by Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC's Managing Director and Group CEO. Dr Al Jaber emphasised the importance of strengthening local manufacturing capabilities to support the UAE's industrial growth and economic diversification. This move aligns with ADNOC's broader strategy to stimulate domestic manufacturing. Previously, the company announced agreements with over 60 companies to locally produce critical non-oil products, aiming to manufacture AED70 billion worth of products in its procurement pipeline by 2027. These efforts are expected to create thousands of job opportunities and enhance the resilience of the local supply chain. In addition to the current agreements, ADNOC has committed over AED20 billion for the procurement of structures and metal products from national companies. This commitment is part of a broader initiative to stimulate industrial growth and create more private-sector jobs for UAE nationals. The 'Make it in the Emirates' initiative, led by the Ministry of Industry and Advanced Technology, aims to position the UAE as a global hub for advanced industry and innovation. The programme encourages local manufacturing, supports the development of national talent, and promotes sustainable industrial practices. ADNOC's investment in local manufacturing is complemented by its focus on sustainability and technological innovation. The company has been leveraging artificial intelligence and advanced technologies to optimise operations and reduce emissions. Facilities like the Habshan 5 gas processing plant and Zirku Island offshore operations have been at the forefront of deploying such technologies, contributing to ADNOC's goal of becoming a low-carbon energy leader. ADNOC's In-Country Value programme incentivises suppliers to adopt clean technologies and establish new manufacturing facilities in the UAE. Since its inception, the ICV programme has driven significant investment back into the UAE economy, supporting the nation's Net Zero by 2050 Strategic Initiative. The 'Make it in the Emirates' forum serves as a platform for collaboration between government entities, industry leaders, and investors. It showcases the UAE's commitment to fostering a robust industrial sector, enhancing economic resilience, and achieving sustainable growth.
Web Release
21-05-2025
- Business
- Web Release
Manufacture the Future: UAE Accelerates Industrial Growth with Record Jobs, Exports, and Global Market Access
The United Arab Emirates opened the fourth edition of Make it in the Emirates, its flagship industrial platform, signaling a bold leap forward in its ambition to become one of the world's leading manufacturing and technology-driven economies. Held under the theme 'Advanced Industries. Accelerated', the four-day event brings together more than 700 exhibitors and over 50,000 registered participants, unveiling a suite of investments and strategic agreements to strengthen the UAE's industrial competitiveness under the National Strategy for Industry and Advanced Technology. In his opening address, His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, reaffirmed the UAE's commitment to building future industries rooted in resilience, innovation, and global competitiveness. 'With the foresight of our leadership, we are building an inclusive, diversified, and sustainable economy. The future is Made in the UAE,' said HE Dr. Al Jaber. Make it in the Emirates 2025 builds on over USD 45.8 billion in confirmed offtake agreements linked to over 4,800 products across 12 priority sectors, including aerospace, clean energy, agritech, and advanced electronics. It also marks the launch of a USD 272 million Emirates Growth Fund to support tech-driven and SME-led industrial expansion, alongside USD 4.08 billion in competitive financing from the UAE's leading banks. The 2025 edition comes amid rising global demand for high-tech, sustainable, and localized manufacturing. Since its launch in 2021, Make it in the Emirates has become a central force behind the UAE's industrial transformation. Industrial exports reached USD 53.7 billion in 2024 — a 68% increase compared to 2020 — while the sector's GDP contribution rose to USD 57.3 billion. Through the National In-Country Value (ICV) Program, over USD 94.5 billion has been redirected into the national economy, facilitating more than 22,000 private-sector jobs for Emiratis. In parallel, the UAE's foreign trade surpassed USD 1.36 trillion last year, reinforcing the country's growing role as a strategic hub connecting global markets. Make it in the Emirates 2025 is the platform's most expansive edition yet. It offers global investors and manufacturers a direct gateway into one of the world's most strategically positioned and future-focused economies.
Business Upturn
21-05-2025
- Business
- Business Upturn
Manufacture the Future: UAE Accelerates Industrial Growth with Record Jobs, Exports, and Global Market Access
By Business Wire Published on May 21, 2025, 11:48 IST Abu Dhabi, United Arab Emirates: The United Arab Emirates opened the fourth edition of Make it in the Emirates, its flagship industrial platform, signaling a bold leap forward in its ambition to become one of the world's leading manufacturing and technology-driven economies. This press release features multimedia. View the full release here: His Excellency Dr. Sultan Al Jaber UAE Minister of Industry and Advanced Technology (Photo: AETOSWire) Held under the theme 'Advanced Industries. Accelerated', the four-day event brings together more than 700 exhibitors and over 50,000 registered participants, unveiling a suite of investments and strategic agreements to strengthen the UAE's industrial competitiveness under the National Strategy for Industry and Advanced Technology. In his opening address, His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, reaffirmed the UAE's commitment to building future industries rooted in resilience, innovation, and global competitiveness. 'With the foresight of our leadership, we are building an inclusive, diversified, and sustainable economy. The future is Made in the UAE,' said HE Dr. Al Jaber. Make it in the Emirates 2025 builds on over USD 45.8 billion in confirmed offtake agreements linked to over 4,800 products across 12 priority sectors, including aerospace, clean energy, agritech, and advanced electronics. It also marks the launch of a USD 272 million Emirates Growth Fund to support tech-driven and SME-led industrial expansion, alongside USD 4.08 billion in competitive financing from the UAE's leading banks. The 2025 edition comes amid rising global demand for high-tech, sustainable, and localized manufacturing. Since its launch in 2021, Make it in the Emirates has become a central force behind the UAE's industrial transformation. Industrial exports reached USD 53.7 billion in 2024 — a 68% increase compared to 2020 — while the sector's GDP contribution rose to USD 57.3 billion. Through the National In-Country Value (ICV) Program, over USD 94.5 billion has been redirected into the national economy, facilitating more than 22,000 private-sector jobs for Emiratis. In parallel, the UAE's foreign trade surpassed USD 1.36 trillion last year, reinforcing the country's growing role as a strategic hub connecting global markets. Make it in the Emirates 2025 is the platform's most expansive edition yet. It offers global investors and manufacturers a direct gateway into one of the world's most strategically positioned and future-focused economies. Source: AETOSWire View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same. Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences.
