Latest news with #DrSultanAlJaber
Zawya
23-05-2025
- Business
- Zawya
'Make it in the Emirates' concludes with new industrial projects valued over $2.99bln
ABU DHABI - The fourth edition of Make it in the Emirates, the UAE's premier industrial platform, concluded today at the Abu Dhabi National Exhibition Centre after a four-day run. Held under the theme 'Advanced Industries. Accelerated', the event was hosted by the Ministry of Industry and Advanced Technology (MoIAT), organized by Abu Dhabi National Exhibitions Company Group , and held alongside strategic partners the Ministry of Culture, Abu Dhabi Investment Office, and ADNOC. The event drew broad participation from local and international stakeholders and featured innovative showcases by leading industrial and technology companies and pioneering innovators. Spanning 68,000 square meters of exhibition space, this year's edition was the most expansive and comprehensive. It attracted over 122,000 visitors and participants — more than 20 times the number of attendees at the third edition. Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, said: 'Thanks to our leadership's vision, guidance, and support, the UAE's industrial sector is experiencing a true transformation with a wide-reaching impact across various sectors, particularly trade and the economy. The fourth edition of Make it in the Emirates achieved unprecedented success owing to the support and patronage of esteemed leaders who visited the platform, toured the exhibition, and directed us to continue advancing this vital sector, given its significant role in economic diversification and achieving our national sustainable development goals. 'The world is now witnessing the dawn of a new industrial era — one led by ideas, accelerated by technology, and shaped by agility and adaptability to evolving changes. Industry is vital in creating added economic value, improving productivity, generating employment opportunities, building advanced and resilient infrastructure, developing an export-oriented production base, and boosting GDP. Countries with a strong industrial foundation enjoy sustainable economic growth, ensure a prosperous and bright future, and contribute meaningfully to the advancement of societies. Investing in manufacturing is investing in an advanced economy. Every investment in this sector creates a multiplier effect by stimulating the growth of related sectors. Therefore, the Make it in the Emirates platform is a gateway to strengthening our industrial sector. We are committed to developing this platform further, expanding its impact, and increasing its contribution to attracting major industrial companies, localizing strategic products, and building a competitive, knowledge-based industrial base — all of which reinforce the UAE's position as a global partner in shaping the future of industry. "Guided by our leadership's foresight and strategic vision, the UAE has successfully established a pioneering model translate plans and programs into tangible outcomes, recognized by both local and global leaders and reflected in international reports. This makes us proud of the industrial sector's role in realizing the goals of We the UAE 2031 and the UAE Centennial 2071,' HE Dr. Al Jaber added. "Today, we celebrate the outcomes of the fourth edition in collaboration and coordination with all government entities, private sector companies, financial institutions, partners, and sponsors. The figures and results achieved — in terms of visitor numbers, participants, signed agreements, announced investments, and launched initiatives — are clear indication of the strong momentum in the UAE's national industrial journey and the growing confidence of local and international partners in the country's investment and industrial ecosystem. 'The platform underscores the importance of accelerating the shift toward smart manufacturing, leveraging Industry 4.0 technologies and artificial intelligence (AI), empowering national talent, and creating new opportunities for Emirati youth and entrepreneurs to play an active role in shaping the future of the industrial sector and the national economy. In light of the significant success of this edition, we have already begun preparations for the fifth edition in May 2026, which will mark yet another milestone for the UAE's industry and advanced technology sector,' Said Dr. Al Jaber. The minister also renewed his call for investors, industrialists, and innovators from the UAE and abroad to participate in Make it in the Emirates and leverage the country's unparalleled competitive advantages and investment opportunities across the industrial landscape. These advantages stem from the country's strong reputation, credibility, and reliability — attributes that support business growth, enable expansion, and provide access to global markets and over 3 billion consumers. Humaid Al Dhaheri, Managing Director and Group CEO of Abu Dhabi National Exhibitions Company Group, said: 'The successful conclusion of this year's edition of Make it in the Emirates reflects Abu Dhabi National Exhibitions Company Group's commitment to delivering world-class platforms that drive strategic dialogue, foster partnerships and unlock investment opportunities. Organizing the event at Abu Dhabi National Exhibitions Centre for the first time enabled us to scale its impact, with record participation from exhibitors and investors and a significant uplift in signed industrial commitments. We proudly support the UAE's industrial ambitions by providing an environment that empowers businesses, accelerates innovation, and contributes to national economic growth.' As a core pillar of the National Strategy for Industry and Advanced Technology, Make it in the Emirates featured a dedicated theme for each of its four days, reflecting the platform's strategic expansion and depth. Day 1 under the theme 'The UAE's Vision – Shaping the Future of Manufacturing' hosted 34 main and panel sessions featuring ministers and senior local and international officials. Under the theme 'National Value Creation and Emirati Talent', Day 2 featured 26 sessions with National In-Country Value (ICV) Program pioneers and industrial leaders. Day 3, under the theme 'Smart Manufacturing – Industry 4.0 & AI', included more than 35 sessions led by technology leaders and innovators. Under the theme 'Youth, Export, Growth, and Future Industries', Day 4 hosted 17 sessions with young leaders and trailblazers in emerging industries. Strategic Agreements More than 187 agreements and MoUs were signed during the event. They focused on localizing supply chains, transferring technological know-how, vocational training, and Emirati employment — reinforcing the UAE's commitment to achieving self-sufficiency in priority sectors. Additionally, new offtake agreements worth AED 7.8 billion were signed during the event. MoIAT alone signed 24 MoUs and cooperation agreements with government entities and private sector entities. These agreements reflect a shared commitment to enhancing regulatory cooperation and creating a competitive industrial environment, especially with leading global manufacturers operating in the UAE. Strategic Projects Over its four editions, Make it in the Emirates has firmly established the UAE as a global hub for industrial innovation and excellence. The event highlighted investment opportunities enabled by the UAE's competitive advantages and incentives, which continue to attract capital across priority sectors. This year's edition announced new industrial projects valued at AED 11 billion. More than 720 local and international industrial, technological, financial, and service institutions participated in the exhibition, showcasing the latest solutions to support industrial growth and enhance the sector's GDP contribution. Exhibitors also presented breakthrough technologies aimed at advancing industrial and technological capabilities. The exhibition spanned 12 strategic industrial sectors: Food, Beverage & Agritech; Pharmaceuticals & Medical Tech; Ship & Maritime Manufacturing; Metals & Fabrication; Handicrafts; Advanced Manufacturing & AI; Chemicals, Plastics & Sustainable Materials; Hydrogen & Clean Energy; Electric Equipment & Electronics; Machinery & Equipment; Construction & Materials; and Aerospace, Automotive & Defense industries. Impactful Financing Solutions During the fourth edition of Make it in the Emirates, the MoIAT signed a landmark agreement with national banks to provide over AED 40 billion in competitive financing over five years. This initiative will support small, medium, and emerging enterprises and innovative projects that strengthen the industrial sector and enhance the competitiveness of locally manufactured products. Additionally, Emirates Development Bank launched the Emirates Growth Fund — an AED 1 billion investment platform supporting SMEs in strategic sectors such as manufacturing, healthcare, food security, and advanced technology. On opening day, MoIAT recognized the winners of the third Make it in the Emirates Awards. This year's nine award categories spanned five pillars: Factory of the Future, In-Country Value, Industry Enablers and Strategic Partners, Leadership and Talent, and UAE Traditional Crafts for Individual and Companies. For the first time, an Emirati Handicrafts Award was introduced to honor individuals and companies in this sector. The ministry also marked National ICV Day by celebrating the contributions of companies and individuals supporting the National In-Country Value Program, recognizing their role in driving local competitiveness, productivity, and supply chain sustainability. Winners of the third Make it in the Emirates Startup Pitch Competition were also honored. The competition received more than 200 applications from over 30 countries, with 43% submitted by international startups — a testament to the growing interest both locally and globally. For the first time, the platform featured a dedicated pavilion for Emirati crafts and heritage industries, organized by the Ministry of Culture as part of the Year of the Community. The pavilion hosted live demonstrations of 40 traditional crafts across 10 zones, with participation from 216 Emirati artisans. Their involvement this year enabled them to expand their presence on e-commerce platforms and bring their products to global markets — turning heritage into economic opportunity. National In-Country Value (ICV) Programme The 2025 edition recorded a rise in industrial procurement under the National ICV Program, reaching AED 168 billion — up from AED143 billion in the previous edition. The program now covers 4,800 locally manufacturable products. This year, new procurement agreements worth AED 1.3 billion were signed. On Day 2, MoIAT signed MoUs with entities including Emaar, Silal, Calidus, and Modon Holding to join the National ICV Program. This brings the total number of participating companies and entities to 35. Launched under the UAE's Projects of the 50, the program channels procurement by government and major national companies into the local economy, stimulating industrial and service sectors. By the end of 2024, cumulative local spending under the program reached AED 347 billion. On the sidelines of the event, the ministry launched the Global Startup Exchange Program, connecting UAE and international startups to new markets, incubators, and investors. The first pilot, developed in collaboration with Japan, sets the stage for broader international expansion — opening new pathways for growth-stage, technology-focused startups. ADNOC reaffirmed its support for the platform through an ambitious five-year plan to channel up to AED 200 billion into the national economy. This includes purchasing locally manufacturable products valued at up to AED 90 billion by 2030 — further strengthening the UAE's industrial base and reinforcing supply chain resilience. The 'Industrialists' Career Fair, jointly organized by MoIAT, the Ministry of Human Resources and Emiratization, and the Nafis Program, took place over three days. It aimed to expand private sector opportunities for Emiratis and highlight career paths within the industrial sector. More than 3,000 young Emiratis attended the fair, participating in over 10,000 on-the-spot interviews — including AI-assisted screening — with more than 95 companies. These companies offered 1,200 job opportunities alongside extensive training and upskilling programs. MoIAT and the Abu Dhabi Investment Office also announced a strategic partnership to support the Industrialists Program, intending to deepen Emirati participation in the industrial workforce. Thanks to the National ICV Program, the industrial sector created over 22,000 jobs for UAE nationals by the end of 2024. The Industrialists Career Fair alone helped place 2,500 Emiratis in private sector roles. Young Emiratis actively participated throughout the fourth edition of Make it in the Emirates, presenting breakthrough ideas, SME projects, and AI-powered technologies to support industrial transformation. Youth-led exhibitions highlighted the intersection of entrepreneurship, national development, and smart manufacturing. The event also saw the announcement of Made in the Arab World – UAE Edition, part of the seventh cycle of the Youth Solutions initiative by the Arab Youth Center. The initiative promotes youth-led industrial startups, scalable innovation, and sustainable development across the Arab region. Throughout the platform, young entrepreneurs shared experiences and advice — inspiring the next generation of industrial leaders and building momentum for the UAE's startup ecosystem. Success Partners A wide range of partners supported this year's edition: -Investment Partners: IHC, Mubadala -Sector Enabling Partner: Tawazun Council -Enablement Partners: Abu Dhabi Commercial Bank, Abu Dhabi Exports Office, Emirates Development Bank, KEZAD Group, NMDC Group -Sector Partners: EDGE, EMSTEEL, Emirates Global Aluminium (EGA), Silal, Agthia, Al Dahra -Associate Sponsors: Arab Basalt Fiber Company, RAK Ceramics, Etihad Credit Insurance, e7 Group, Envision, NEOX -Financing Sponsor: First Abu Dhabi Bank (FAB) -Industrial Partner: Airbus -In-Country Value (ICV) Champion: Baker Hughes -AI Zone Sponsor: Technology Innovation Institute (TII) -Supporting Sponsors for Start-Up Competition: Yokogawa, HUB71 -Entrepreneurship Content Partner: Stratecis -Knowledge Partners: Roland Berger, Oliver Wyman, Emirates Center for Strategic Studies and Research (ECSSR), Trends Research & Advisory -Lanyard Sponsor: Pipetec -Outreach Partner: Mexican Business Council in UAE The fourth edition of Make it in the Emirates built on the achievements of previous years, advancing the goals of the National Strategy for Industry and Advanced Technology. It strengthened the UAE's position in strategic and future industries, enhanced the competitiveness of Emirati products, and created an enabling environment for investment and technology adoption. The 2025 edition delivered record-breaking satisfaction levels — well above global benchmarks: -Exhibitor satisfaction: 4.05 (global avg: 3.80) -Perceived importance: 4.28 (global avg: 3.89) -Intent to return: 4.36 (global avg: 4.01) -Net Promoter Score (NPS): +51 (global avg: +9) Among visitors: -Satisfaction: 4.25 (global avg: 4.02) -Perceived importance: 4.06 (global avg: 3.87) -Intent to return: 4.37 (global avg: 4.00)- -NPS: +54 (global avg: +30) These exceptional results reflect the platform's growing impact, outstanding organization, and strategic value to all participants — cementing its reputation as the region's leading industrial platform. This edition attracted 2,823 media professionals and journalists, reflecting the platform's growing visibility and international significance. Broadcasters, news agencies, and industry media covered the event extensively, amplifying the UAE's industrial ambitions and showcasing its role in shaping the future of global manufacturing. MoIAT and Abu Dhabi National Exhibitions Company Group announced that the fifth edition of Make it in the Emirates will be held from 4-7 May 2026. Notably, 80% of companies participating this year expressed their intention to return. With planning already underway, the fifth edition is set to build on this year's momentum — reinforcing the UAE's role as a global destination for industrial growth, investment, and opportunity.
The National
21-05-2025
- Business
- The National
Sheikh Hamdan hails UAE industry after visiting Make it in the Emirates forum
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has said the UAE's industrial sector is a vital component of the national economy. Sheikh Hamdan made his comments after visiting the Make it in the Emirates manufacturing conference, taking place this week in Abu Dhabi. "The national industrial sector is a fundamental pillar of the UAE economy and a key driver advancing its vision for greater diversification and innovation," said Sheikh Hamdan, as reported by the Dubai Government Media Office. The industrial sector is more than just an economic segment, he added, it is "fundamental to national sovereignty and the growth of human and technological capacities". The manufacturing forum affirms the UAE's readiness to lead industrially at regional and global levels, backed by a clear vision, robust infrastructure and extensive expertise, with public-private partnerships underpinning its industrial future, said Sheikh Hamdan. During the visit, he explored the latest projects from Emirati companies, featuring artificial intelligence, robotics, energy, manufacturing and real estate developments. He was accompanied on his visit by Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and Omar Al Olama, Minister of State for AI, Digital Economy and Remote Work Applications.
The National
21-05-2025
- Business
- The National
Adnoc signs $1.64bn deals with 12 companies to manufacture key industrial equipment in the UAE
Abu Dhabi industry major Adnoc has signed framework agreements worth Dh6 billion ($1.64 billion) for the domestic manufacturing of critical industrial equipment, in a bid to shield the UAE from global supply chain risks. The long-term deals, forged with 12 UAE-based companies, will be for the manufacturing of cables and pressure vessels – used for safely storing fluids and gases – Adnoc said at the Make it in the Emirates summit in Abu Dhabi on Wednesday. The companies involved are based in the UAE's principal industrial zones, including Industrial City of Abu Dhabi, Khalifa Economic Zones Abu Dhabi, Dubai Industrial Park, Jebel Ali Free Zone, and industrial areas in Sharjah and Umm Al Quwain. The agreements are expected to create 1,300 skilled private-sector jobs, the company said. The signings were witnessed by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, managing director and group chief executive of Adnoc. The agreements highlight Adnoc's 'success in strengthening the resilience of our supply chain, expanding the UAE's manufacturing base and creating jobs in the private sector through our In-Country Value programme', Yaser Almazrouei, an executive director at Adnoc, said. The UAE's In-Country Value (ICV) programme, a central plank of the country's Operation 300bn industrial strategy, redirects as much spending as possible towards UAE-made goods and services to boost the growth of domestic industries. 'We are providing greater visibility into the products we intend to purchase locally and we encourage businesses to capitalise on Adnoc's huge pipeline of local manufacturing opportunities,' Mr Almazrouei added. Adnoc has been at the forefront of boosting local manufacturing, leading with several initiatives and investments as part of the Emirates' overall economic growth strategy. On Tuesday, it signed a $500 million deal with Emirates Global Aluminium to supply a raw material for aluminium production as part of efforts to localise the supply chain in the UAE. Adnoc has awarded contracts worth Dh65.7 billion in the first half of the year, benefiting nearly 400 local suppliers, contractors and service providers, state news agency Wam reported on Sunday. The contracts are in critical sectors such as drilling, logistics, operational support services, and engineering, procurement and construction. Over the next five years, Adnoc plans to channel an additional Dh200 billion into the UAE economy through ICV. It plans to purchase Dh90 billion worth of locally manufactured products in its procurement pipeline by 2030. The company's ICV programme has driven Dh242 billion back into the UAE economy and enabled 17,000 Emiratis to be employed in the private sector since 2018. Meanwhile, local spending under the ICV programme has reached Dh347 billion, Dr Al Jaber said on Monday, adding that the initiative has created more than 22,000 jobs for Emiratis. The companies that will be manufacturing pressure vessels under the new agreements are Ados Engineering Industries, Arabian Industries, Berg Industries, Euro Mechanical and Electrical Contracting Company, Metalfab Middle East, Micoda Process Systems International, Nash Engineering, Polar Specialised Industries and United Metal Works. The cable manufacturers are Dubai Cable, Mark Cables and National Cable Industry.
Arabian Business
21-05-2025
- Business
- Arabian Business
UAE brands surge 22% to $88.5bn with ADNOC, e& leading transformation
The combined brand value of the UAE's top 50 companies has jumped 22 per cent year-on-year to reach $88.5 billion, according to the latest Brand Finance UAE 50 report released today. The annual ranking highlights the growing strength and global influence of the UAE's corporate champions, with energy, telecoms, aviation, and real estate brands leading the charge. ADNOC remains UAE's most valuable brand State energy powerhouse ADNOC has maintained its position as the country's most valuable brand for the seventh consecutive year, with its brand value rising 25 per cent to $19 billion. The company also earned the highest Brand Strength Index (BSI) score in the UAE at 87.9/100, driven by a string of strategic initiatives under CEO Dr. Sultan Al Jaber, including the launch of XRG, major global energy investments, and the industry-first use of artificial intelligence. Telecoms-to-tech conglomerate e& achieved a staggering 701 per cent increase in brand value to $15.3 billion, climbing nine places to become the UAE's second most valuable brand. This historic leap makes e& not only the fastest-growing brand in the UAE and the Middle East, but also globally. The transformation follows a bold three-year rebranding strategy that unified the legacy Etisalat identity under a single e& brand. Global partnerships, including a 15-year deal with Manchester City FC and a founding sponsorship of the Formula 1 Etihad Airways Abu Dhabi Grand Prix, have amplified its global reach and visibility. Andrew Campbell, Managing Director, Brand Finance Middle East, said: 'The UAE's leading brands are showing what's possible when ambition meets purpose. From ADNOC's cutting-edge work in AI and energy, to e&'s bold transformation into a global tech player, and Emirates' continued excellence in aviation – these brands are not just growing in value, they're shaping industries.' 'What stands out is how they're combining innovation, strategic vision, and a genuine commitment to delivering for their customers and communities. It's a powerful reflection of the UAE's dynamic and forward-looking economy,' he added. PureHealth Group a leading integrated healthcare platform in the region also saw its brand value rise 30 per cent to $564 million, retaining its title as the UAE's most valuable healthcare brand. Financial performance has strengthened its profile, with revenue climbing 58 per cent to AED 25.8 billion and net profit up 78 per cent to AED 1.7 billion in 2024. Emirates, e&, and Emaar top brand strength rankings In terms of brand strength, Emirates remains the strongest brand in the country with a BSI score of 86.0/100, reflecting the airline's global reputation for excellence. e& followed with a BSI of 85.0/100 and an AAA rating, further solidifying its market position after the completion of its brand transition. Emaar, one of the region's largest and most prominent real estate developers, ranked third with a BSI of 83.7/100 and an AAA-rating. The developer's brand value rose 58 per cent to $4.0 billion, backed by solid financials and a portfolio of iconic developments across the UAE and beyond. This year's report also introduced rankings on sustainability perceptions. ADNOC led in environmental and governance perceptions, while Majid Al Futtaim topped social sustainability, reflecting growing stakeholder focus on ESG performance as a core brand value. Each year, Brand Finance evaluates more than 6,000 brands worldwide and publishes over 100 rankings by sector and country. The UAE's top 50 of 2025 report
Zawya
21-05-2025
- Business
- Zawya
UAE: G42, WWT launch Forge42 to accelerate AI innovation
ABU DHABI - G42, the Abu Dhabi based global technology group, and WWT (World Wide Technology), a leading US-based systems integrator and technology solutions provider, today announced the launch of Forge42, a world-class artificial intelligence (AI) acceleration company, in a major milestone for local innovation The new initiative was officially unveiled at 'Make it in the Emirates', the UAE's premier manufacturing event, in the presence of Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology. Forge42 symbolises the UAE's national commitment to pioneering technological advancement and fostering global collaboration. It is designed to serve as a launchpad where cutting-edge AI is developed, tested, and scaled. By equipping local and international companies with advanced tools and infrastructure, Forge42 enables the development of breakthrough solutions across key industrial sectors, including manufacturing, energy, logistics, healthcare, and finance. This positions the UAE not only as a consumer of advanced technologies, but as a global producer and exporter of technological excellence. As a full-stack AI accelerator, Forge42 provides the infrastructure companies need to rapidly prototype, test, and scale AI-powered capabilities. It enables UAE-based businesses to embed AI into their products and operations, making them smarter, more competitive, and export-ready. Forge42 will also support global manufacturing excellence by helping companies optimise production processes and bring ideas to market faster, enhancing both productivity and global competitiveness. Through strategic partnerships with global technology leaders such as NVIDIA, AMD, Dell, and Microsoft, Forge42 will offer sovereign access to next-generation computing power, secure data environments, and modular testing capabilities. These partnerships accelerate development while safeguarding national technological capabilities. Peng Xiao, Group CEO of G42, said, "This collaboration with WWT represents a shared commitment to building meaningful, lasting AI infrastructure and solutions that empowers nations and industries alike. We are building not just technology, but momentum—momentum that fuels innovation, increase competitiveness, and enhances the UAE's role in shaping the global AI and economic landscape.' Omar Mir, International Board Member of WWT, said, 'WWT is proud to partner with G42 and contribute our global expertise in infrastructure and advanced technology integration to this visionary initiative. Together, we are creating an innovation environment that allows ideas to move quickly from prototype to impact - both within the UAE and beyond.' Designed as a full-stack AI accelerator, Forge42 will serve as both a launchpad and a proving ground, which will allow businesses to rapidly prototype, test, and iterate on new ideas, speeding their path to market and strengthening the UAE's industrial competitiveness on a global scale.
