Latest news with #BadrAlOlama
Arabian Business
5 days ago
- Business
- Arabian Business
Abu Dhabi, Tokyo join forces to promote bilateral economic development
The Abu Dhabi Investment Office (ADIO) and the Tokyo Metropolitan Government's Bureau of Industrial and Labor Affairs have signed a new strategic agreement to support enterprises expanding beyond their domestic markets. The partnership will focus on accelerating trade, sharing export strategies and unlocking new market opportunities for SMEs in both countries. By combining Tokyo's industrial expertise with Abu Dhabi's global connectivity, the initiative aims to give growth-stage companies a competitive edge internationally. Under the agreement, ADIO and Tokyo's Bureau of Industrial and Labor Affairs will lead efforts to connect entrepreneurs, exchange industry data and insights, and coordinate on policies that are critical to export success. Designated teams in both Abu Dhabi and Tokyo will work closely to deliver joint activities over the next 12 months, including trade missions, policy dialogues, targeted workshops and business matching programmes. Badr Al-Olama, Director General of ADIO, said the partnership reflects a shared vision that economic resilience begins with entrepreneurs who want to expand globally. 'Abu Dhabi's long-term growth strategy centres on building partnerships that empower innovation, enable exports and open new global pathways,' he said. Tanaka Shinichi, Director General, Bureau of Industrial and Labor Affairs, Tokyo Metropolitan Government, said Abu Dhabi offers an ideal platform for Tokyo-based SMEs aiming to expand their reach into the Middle East and beyond. 'This strategic partnership with ADIO will create tangible opportunities for export growth, knowledge exchange and deeper commercial ties. It's a timely and strategic step forward that strengthens both economies,' Shinichi said. In the months ahead, ADIO and the Bureau of Industrial and Labor Affairs will begin implementing the first phase of the agreement, prioritising practical support for exporters, strategic dialogues and the joint promotion of opportunities aligned with the long-term economic agendas of both governments.
Zawya
6 days ago
- Business
- Zawya
ADIO partners with Tokyo's Bureau of Industrial and Labor Affairs to boost economic growth
Tokyo, Japan and Abu Dhabi, UAE – The Abu Dhabi Investment Office (ADIO) and the Tokyo Metropolitan Government's Bureau of Industrial and Labor Affairs have signed a new strategic agreement to support enterprises expanding beyond their domestic markets. The partnership will focus on accelerating trade, sharing export strategies and unlocking new market opportunities for SMEs in both countries. By combining Tokyo's industrial expertise with Abu Dhabi's global connectivity, the initiative aims to give growth-stage companies a competitive edge internationally. Under the agreement, ADIO and Tokyo's Bureau of Industrial and Labor Affairs will lead efforts to connect entrepreneurs, exchange industry data and insights, and coordinate on policies that are critical to export success. Designated teams in both Abu Dhabi and Tokyo will work closely to deliver joint activities over the next 12 months, including trade missions, policy dialogues, targeted workshops and business matching programmes. H.E. Badr Al-Olama, Director General of ADIO, said: 'ADIO's partnership with Tokyo's Bureau of Industrial and Labor Affairs reflects a shared vision that economic resilience begins with entrepreneurs who want to expand globally. Abu Dhabi's long-term growth strategy centres on building partnerships that empower innovation, enable exports and open new global pathways. ." For Tokyo, the partnership represents its commitment to supporting Japanese SMEs in navigating new markets and adapting to a rapidly evolving global trade environment. Mr. Tanaka Shinichi, Director General, Bureau of Industrial and Labor Affairs, Tokyo Metropolitan Government added: 'Abu Dhabi offers an ideal platform for Tokyo-based SMEs aiming to expand their reach into the Middle East and beyond. This strategic partnership with ADIO will create tangible opportunities for export growth, knowledge exchange and deeper commercial ties. It's a timely and strategic step forward that strengthens both economies.' In the months ahead, ADIO and the Bureau of Industrial and Labor Affairs will begin implementing the first phase of the agreement, prioritising practical support for exporters, strategic dialogues and the joint promotion of opportunities aligned with the long-term economic agendas of both governments. bout the Abu Dhabi Investment Office (ADIO): The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi's growth and enabling the emirate's economic transformation. Through comprehensive support services, ADIO enables both local and foreign investors to shape industries of the future set to transform liveability, technology, resources and value-added services. Initiatives focused on regional tourism and retail development, as well as public-private partnerships, ensure that community well-being is at the centre of Abu Dhabi's economic transformation. With a robust network of investors, strong collaboration with key stakeholders and a global presence, ADIO is committed to empowering those who invest with Abu Dhabi to make a lasting global impact. For more information, visit: For more information, please contact: ADIO@
The National
21-05-2025
- Business
- The National
Earth observation satellite manufacturing centre announced for Abu Dhabi
A new dedicated commercial earth observation satellite manufacturing centre will be set up in Abu Dhabi. The project is a collaboration between the Abu Dhabi Investment Office (Adio) and the emirate's Space 42. The plant will also serve to create a national space workforce with hands-on industrial expertise, the Abu Dhabi Media Office reported. The initiative was announced during the Make it in the Emirates 2025 manufacturing conference in Abu Dhabi. The media office also reported that the centre would support the emirate's transformation into a global hub for advanced manufacturing. 'This strategic partnership brings together global capability and national ambition,' said Badr Al Olama, director general of Adio. 'By enabling transformative companies like Space42 to scale breakthrough technologies here in Abu Dhabi, we are delivering on our mandate to accelerate the emirate's economic growth and establish future-ready industries. 'The transformational project demonstrates Abu Dhabi's vision in action, enabling knowledge transfer, advancing critical infrastructure and delivering sustainable economic impact.' The synthetic-aperture radar (SAR) satellites, which are capable of capturing high resolution imagery in all weather and light conditions, are said to be crucial for national security, environmental monitoring and disaster response. Space42 Space Systems will oversee the full manufacturing of the satellites, from system design to launch readiness. 'Bringing commercial satellite manufacturing into the UAE marks a pivotal step in realising Space42's strategy,' said Hasan Al Hosani, chief executive of Banayat Smart Solutions at Space42. 'It enhances our sovereign capability in earth observation and strengthens our position as the preferred partner for premium geospatial data. Abu Dhabi is at the centre of this ambition, providing the environment to test, scale and export space-based capabilities that are sovereign at origin and global in application.' The project, announced on Wednesday afternoon, means that Abu Dhabi will, for the first time assemble, integrate and test commercial SAR satellites. As a result it will place the emirate at the forefront of the global space economy and reinforcing its status as a centre of excellence for space innovation, the media office stated. In March, the UAE's most recent SAR satellite lifted off aboard a SpaceX Falcon 9 rocket. The Etihad-Sat was equipped with technology capable of monitoring the planet in any weather, day and night The new centre will also play a major role in supporting Abu Dhabi's plan to develop a pipeline of local talent within the sector. Among the initiatives will be academic and industry programmes including internships for Emiratis as well as technical lectures, industry site visits and research collaborations with leading Abu Dhabi universities.
Zawya
20-05-2025
- Business
- Zawya
Abu Dhabi to launch region's first Earth Observation satellite manufacturing hub
Abu Dhabi, UAE – The Abu Dhabi Investment Office (ADIO) today announced the launch of the Middle East's first dedicated commercial Synthetic Aperture Radar (SAR) satellite manufacturing facility. The project is delivered in partnership with Space42, the UAE's AI-powered space technology company with global reach. The facility, to be named Space42 Space Systems, will localise the design, assembly and testing of SAR satellites used for Earth Observation (EO), securing independent access to space-based intelligence for Abu Dhabi. This marks the first time such capabilities will be developed locally for commercial use, enabling the UAE to produce advanced EO satellites independently and strengthening its sovereign space infrastructure. Revealed during Make it in the Emirates 2025, the project advances ADIO's mission to drive strategic investment into priority sectors, enhancing Abu Dhabi's knowledge economy and supporting its transformation into a global hub for advanced manufacturing. Space42 Space Systems will deliver sustainable economic impact and create high-skilled jobs in the advanced industries sector, including a significant number of roles for UAE Nationals, reflecting Abu Dhabi's commitment to cultivating a highly skilled local talent base. Additionally, it will directly advance the UAE's Space Strategy 2030 and the UAE's EO Space Programme, designed to build national capabilities in satellite-based remote sensing. His Excellency Badr Al-Olama, Director General of ADIO, said: 'This strategic partnership brings together global capability and national ambition. By enabling transformative companies like Space42 to scale breakthrough technologies here in Abu Dhabi, we are delivering on our mandate to accelerate the emirate's economic growth and establish future-ready industries. The transformational project demonstrates Abu Dhabi's vision in action, enabling knowledge transfer, advancing critical infrastructure and delivering sustainable economic impact.' Operated by Space42, Space42 Space Systems will oversee the full manufacturing lifecycle, from system design to launch readiness. It advances the company's goal of building sovereign Earth Observation capabilities while anchoring a space ecosystem that can scale globally from Abu Dhabi. Hasan Al Hosani, CEO of Banayat Smart Solutions at Space42, said: 'Bringing commercial satellite manufacturing into the UAE marks a pivotal step in realising Space42's strategy. It enhances our sovereign capability in Earth Observation and strengthens our position as the preferred partner for premium geospatial data. Abu Dhabi is at the centre of this ambition, providing the environment to test, scale and export space-based capabilities that are sovereign at origin and global in application. With ADIO as a partner, we are turning strategic intent into scalable infrastructure and cultivating Emirati talent that will shape the future of this sector.' SAR satellites, capable of capturing high resolution imagery in all weather and light conditions, are vital for national security, environmental monitoring and disaster response. Until now, production of these systems has remained largely concentrated in a handful of international markets. Through this pioneering facility, Abu Dhabi will, for the first time assemble, integrate and test commercial SAR satellites, positioning the emirate at the forefront of the global space economy and reinforcing its status as a centre of excellence for space innovation. The project will be implemented by Space42, established to operate the facility using best in-class technology in systems integration, advanced testing and launch preparation. Beyond manufacturing, the facility will actively support Abu Dhabi's strategy to develop a sustainable pipeline of local talent. It will embed robust academic and industry programmes, including internships for UAE nationals, technical lectures, industry site visits and research collaborations with leading Abu Dhabi universities. These initiatives will contribute to developing a national space workforce with hands-on industrial expertise. The new modular facility will manage the complete Assembly, Integration and Testing (AIT) lifecycle, from system design to launch preparation. As space becomes an increasingly important sector of the global economy, ADIO's support ensures that Abu Dhabi becomes an exporter of satellite technology, reinforcing the emirate's status as a regional hub for manufacturing, data intelligence and sovereign technologies. About the Abu Dhabi Investment Office (ADIO): The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi's growth and enabling the emirate's economic transformation. Through comprehensive support services, ADIO enables both local and foreign investors to shape industries of the future set to transform liveability, technology, resources, and value-added services. Initiatives focused on regional tourism and retail development and public-private partnerships ensure that community well-being is at the centre of Abu Dhabi's economic transformation. With a robust network of investors, strong collaboration with key stakeholders, and a global presence, ADIO is committed to empowering those who invest with Abu Dhabi to make a lasting global impact. For more information, visit: For more information, please contact: ADIO@ About Space42: Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the world from space. Established in 2024 following the successful merger between Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises of two business units: Yahsat Space Services and Bayanat Smart Solutions. The Yahsat Space Services unit focuses on upstream satellite operations for both fixed and mobility satellite solutions. The Bayanat Smart Solutions unit integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Space42's major shareholders include G42, Mubadala and IHC. For more information, visit: LinkedIn: Space42ai Instagram: Space42ai X: Space42ai Contact: Media@ Legal Notice and Cautionary statement regarding forward-looking information This announcement may include forward-looking statements, which are based on current expectations and projections about future events. These statements may include, without limitation, words such as "expect", "will", "looking ahead" and any other words and terms of similar meaning. These forward-looking statements are subject to risks, uncertainties and assumptions about the Company and its subsidiaries and its investments and speak only as of the date of this announcement. Forward-looking statements are based on assumptions of future events and information currently available to the Company which may not prove to be accurate, and the Company does not accept any responsibility for the accuracy or fairness thereof and expressly disclaims any obligation to update any such forward looking statement. No representation or warranty is made that any forward-looking statement will come to pass. You are therefore cautioned not to place any undue reliance on forward-looking statements. Neither this announcement nor anything contained herein constitutes a financial promotion, or an invitation or inducement to acquire or sell securities in any jurisdiction.
Gulf Insider
20-05-2025
- Automotive
- Gulf Insider
Abu Dhabi Announces Car Manufacturing Plans
Abu Dhabi is set to become a manufacturing hub for the automotive industry as it attracts investment and creates jobs in the UAE. The Abu Dhabi Investment Office (ADIO) announced the launch of a major economic programme targeting the establishment of an end-to-end automotive ecosystem. Backed by multi-billion-dirham investments from global industry leaders, the programme aims to transform Abu Dhabi into the region's foremost hub for smart automotive manufacturing and assembly, R&D, restoration, auctions and luxury automobiles. Announced during the Make it in the Emirates Forum 2025 (MIITE), the automotive programme is projected to contribute AED100bn ($27.2bn) to Abu Dhabi's GDP by 2045, attract more than AED8bn ($2.2bn) in FDI and create 7,000 high-skilled jobs. The inclusion of advanced R&D and engineering centres, as well as participation from Tier 1 and 2 suppliers and premium OEMs, ensures that the entire value chain, from design and manufacturing to aftersales, generates sustained economic impact and long-term industrial competitiveness. In addition to manufacturing, the holistic ecosystem will encompass activations, annual product launches, motorsport and industry events, luxury car restoration and premium vehicle auctions. Talent development will also be a cornerstone of the automotive programme. In collaboration with top universities, ADIO has created the region's first Automotive AI Curriculum, focused on product design. The programme combines advanced research, AI, training and international placements, further embedding local talent in the global mobility value chain. Badr Al Olama, Director General of ADIO, said: 'Backed by automotive OEMs, our automotive programme is a defining step in Abu Dhabi's evolution as a global economic powerhouse, reinforcing our strength in advanced manufacturing, future mobility and design excellence. 'It reflects Abu Dhabi's long-term vision to build not just competitive sectors, but entire ecosystems that shape global standards and unlock innovation. 'It signals that the emirate is not just a destination for investment, but a global, export-driven hub where talent, technology and bold ambition converge.' Mohammad Ali Al Kamali, Chief Industry and Trade Officer at ADIO, said: 'With the launch of the automotive programme, we are moving beyond assembly to create an end-to-end manufacturing and innovation ecosystem, where global OEMs, specialist automotive suppliers and emerging technology players can co-locate, collaborate and scale from Abu Dhabi. 'This is how we industrialise opportunity: by combining strategic infrastructure, future-focused talent and global partnerships to make Abu Dhabi a centre of gravity for automotive production and smart mobility systems.' More than ten commercial and investment agreements were announced as part of the automotive programme during the MIITE Forum, marking the first full demonstration of Abu Dhabi's automotive programme in motion. Leading automotive manufacturers, including Genesis and ROX Motors, confirmed new manufacturing agreements with W Motors in Abu Dhabi, establishing the emirate as a production hub for regional and international markets. Additionally, AIH Group, one of the world's largest automotive assembly providers, is now embedded in the local manufacturing landscape as the technical lead for high-volume vehicle production. These anchor projects are complemented by a robust network of local supply chain partnerships that enhance each stage of automotive production. This includes lightweight materials through Borouge, battery systems by Enercap, and aluminium components through Automotive Precision Technology (APT), establishing a full-spectrum vehicle manufacturing ecosystem. Together, these investments mark a pivotal step in shaping Abu Dhabi's automotive future, one that blends advanced manufacturing with cutting-edge design, sustainable mobility and global reach. By anchoring world-class talent, technology and supply chains in the emirate, the automotive programme sets a new standard for industrial excellence in the region and beyond. Also read: Abu Dhabi Authorities Bust Smuggler Who Hid $1.4m of Cocaine in His Intestines
