Latest news with #HadiBadri
Hi Dubai
19-05-2025
- Business
- Hi Dubai
Dubai Department of Economy and Tourism Showcases Industrial Strength at ‘Make it in the Emirates' 2025
Dubai Department of Economy and Tourism (DET) will spotlight the emirate's fast-growing manufacturing sector at Make it in the Emirates 2025, taking place from May 19 to 22 at the ADNEC Centre in Abu Dhabi. As one of the UAE's leading industrial events, the forum gathers key government entities, investors, and manufacturers to drive forward national industrial and export objectives. DET's participation aligns with the Dubai Economic Agenda D33, which aims to position Dubai as a global hub for advanced manufacturing and future-ready industrial investment. The Dubai Pavilion will feature major industrial stakeholders including Dubai Industrial City, National Industries Park, Dubai Integrated Economic Zones Authority, Dubai Chambers, and Dubai South. Together, they will showcase the emirate's integrated approach to industrial growth, highlighting business incentives, export support, and world-class infrastructure. In 2024, Dubai's manufacturing sector recorded AED28.3 billion in GDP and attracted AED5.8 billion in foreign direct investment—more than double the previous year. DET will present key initiatives at the forum, including the Export Assistance Programme, the Elite Buyer Programme, and the Industry Friendly Power Policy, which supports green and cost-efficient energy use in industrial sectors. Hadi Badri, CEO of the Dubai Economic Development Corporation, said Dubai's manufacturing rise reflects years of strategic planning, public-private collaboration, and smart regulation. 'This is a market where manufacturers can innovate, scale, and export with confidence,' he noted. With over 1,100 Greenfield projects and a record AED52.3 billion in FDI last year, Dubai's industrial sector continues to attract global attention. The emirate's presence at Make it in the Emirates reinforces its commitment to economic diversification and global competitiveness. News Source: Emirates News Agency
Dubai Eye
18-05-2025
- Business
- Dubai Eye
Dubai to showcase innovative manufacturing ecosystem at 'Make it in Emirates'
The Dubai Department of Economy and Tourism (DET) will showcase the city's dynamic manufacturing sector at 'Make it in the Emirates', scheduled to be held from May 19 to 22 at ADNEC Centre Abu Dhabi. The forum brings together government entities, investors and manufacturers to advance the nation's industrial and export ambitions. The Dubai Pavilion will serve as a central platform that brings together the emirate's key enablers of industrial growth, including Dubai Industrial City (DIC), National Industries Park (NIP), Dubai Integrated Economic Zones Authority (DIEZ), Dubai Chambers, and Dubai South. This strategic collaboration provides both existing manufacturers and prospective investors with direct access to comprehensive insights, resources, and opportunities, empowering them to explore and capitalise on the competitive advantages that Dubai offers to modern industrial enterprises. The emirate has successfully attracted new investment into manufacturing. In the first nine months of 2024, the manufacturing sector in Dubai recorded a GDP of AED28.3 billion. DET will showcase how Dubai's unified industrial landscape provides manufacturers with integrated access to world-class infrastructure, business incentives, and export support. Today, Dubai-based manufacturers supply critical goods to the UAE government and export to more than 130 countries, capitalising on Comprehensive Economic Partnership Agreements (CEPAs) to access high-growth markets competitively. "Dubai's manufacturing sector is gaining momentum because we have built the fundamentals for sustained industrial growth, competitive infrastructure, smart regulation, and access to global markets. What we are seeing today is the result of long-term planning, public-private collaboration, and a clear ambition under our wise leadership and the Dubai Economic Agenda D33," said Hadi Badri, CEO of the Dubai Economic Development Corporation (DEDC). "This is a market where manufacturers can innovate, scale, and export with confidence." As part of its participation, DET will present a range of initiatives driving Dubai's industrial growth, including the Export Assistance Programme (EAP), which encourages Dubai-based companies to pursue export promotion activities in foreign markets, offering support to qualifying small and medium-sized enterprises (SMEs) through a network of international offices. DET will also highlight the Elite Buyer Programme, which supports Dubai's strategy to position Dubai as a leading global sourcing hub for high-demand products in fast-growing consumer markets. The pavilion will additionally highlight the Industry Friendly Power Policy that Dubai has introduced as part of the D33 Agenda, aimed at promoting green and cost-efficient energy use across the manufacturing, data centre, and agri-tech sectors. The policy offers incentives such as a 25 per ent reduction in connection charges, interest-free credit, and support for 100 per cent onsite renewable generation, aligning with the emirate's net-zero goals. In 2024, Dubai attracted AED52.3 billion ($14.2 billion) in FDI, a 33.2 per cent increase from the previous year, marking the highest FDI value ever recorded in a single year. Dubai also saw a record 1,117 Greenfield FDI projects and 1,826 announced FDI projects, creating 58,680 jobs. Manufacturing continued its strong momentum with AED5,767 million ($1,571.4 million) in FDI capital, up from AED2,411 million ($657.1 million) compared to 2023.
Hi Dubai
12-05-2025
- Business
- Hi Dubai
Dubai Department of Economy and Tourism Launches In-Country Value Programme to Boost Local Manufacturing
Dubai has launched the In-Country Value (ICV) Programme to direct more government spending toward local manufacturers, a strategic move aimed at strengthening the emirate's industrial base and driving sustainable economic growth. Spearheaded by the Dubai Department of Economy and Tourism (DET) in partnership with the Dubai Department of Finance (DOF), the initiative will be rolled out through TASHAROK, Dubai's Shared Procurement Programme. This platform enables government entities to access pre-approved supplier agreements at preferential rates, now enhanced with ICV criteria. The programme targets increased support for Emirati-owned businesses and local manufacturers by encouraging government entities to prioritise products with higher local content. It aligns with the Dubai Economic Agenda D33, which seeks to double the emirate's economy by 2033 and reinforce Dubai's position as a global hub for trade and innovation. Seven key government bodies—including DEWA, Dubai Police, and the RTA—will integrate ICV requirements into procurement strategies. These framework agreements will be accessible to all participating entities, creating a unified approach across the public sector. Hadi Badri, CEO of the Dubai Economic Development Corporation, called the programme a 'strategic shift' in procurement, designed to enhance supply chain resilience and accelerate industrial self-sufficiency. Hamed Al Awadhi of Dubai Finance echoed the sentiment, highlighting its role in fostering competitive local industries and long-term sustainability. DET and DOF have also launched capacity-building workshops to ensure smooth implementation, offering guidance on evaluating local manufacturing contributions and measuring economic impact. By embedding ICV principles into public procurement, Dubai aims to retain more value within its economy, empower local businesses, and build a more agile, future-ready industrial sector. News Source: Emirates News Agency
The National
11-05-2025
- Business
- The National
Dubai initiates scheme for more government contracts to local manufactures
Dubai has introduced an initiative to encourage government entities to direct more of their spending more towards domestic suppliers in an effort to strengthen the local manufacturing sector. The Dubai Department of Economy and Tourism (DET), in collaboration with the Dubai Department of Finance (DOF), launched the Dubai In-Country Value (ICV) Programme to create more opportunities for local manufacturers and Emirati-owned businesses, the Dubai Media Office said on Sunday. Seven government entities – Dubai Municipality, Dubai Health, Dubai Police, Roads and Transport Authority, Dubai Customs, Dubai Electricity and Water Authority and Dubai Airports – will incorporate ICV criteria into their sourcing. The programme will strengthen the emirate's industrial base and advance sustainable economic growth, underscoring how unified government procurement can benefit local manufacturers and small companies to scale-up with purpose, Hadi Badri, chief executive of the Dubai Economic Development Corporation (DEDC), the economic development arm of DET, said. 'By placing greater emphasis on in-country value, we are enhancing supply chain resilience, promoting self-sufficiency, and reinforcing Dubai's global competitiveness as a centre for high-value production and innovation,' he said. Dubai, the commercial and tourism hub of the Middle East, aims to double the size of its economy to Dh32 trillion over the next decade and establish the emirate among the top three cities around the world as part of its D33 strategy. The plan aims to support 30 private companies in their push to become so-called unicorns – start-ups worth more than $1 billion. The D33 agenda also aims to make Dubai a global digital economy leader, the fastest-growing and most attractive global business centre, a hub for sustainability and economic diversification, as well as an incubator for Emirati talent by 2033. The emirate's ICV initiative was announced before the fourth Make It In The Emirates event in Abu Dhabi from May 19 to May 22. The annual event – five times larger compared to the 2024 edition – will have more than 700 exhibitors. This year's theme is Advanced Industries Accelerated, with AI and Industry 5.0 in focus. The UAE is focused on developing non-oil sectors such as local manufacturing industry as part of its economic diversification agenda. Dubai's new initiative will be delivered through the Tasharok shared procurement platform, covering 42 product categories and offering preferential rates to government entities, according to the statement. The programme will also help retain a larger share of government expenditure within Dubai's economy, further supporting gross domestic product growth, according to the statement. The initiative aims to encourage government entities to prioritise suppliers with strong local capabilities ranging from manufacturers based in Dubai and Emirati-owned businesses, to firms employing local talent and operating within the emirate, it said.
Tourism Breaking News
23-04-2025
- Business
- Tourism Breaking News
DET and KHDA unveil ‘Jobs of the Future' report at Talent of Tomorrow Forum in Dubai
Post Views: 136 The Dubai Department of Economy and Tourism (DET) and the Knowledge and Human Development Authority (KHDA) hosted the Talent of Tomorrow Forum – a landmark event that brought together key stakeholders in Dubai's education sector to redefine learning for a rapidly evolving world. The forum featured the release of the new 'Jobs of the Future' report, a visionary blueprint to align education with emerging industries and further consolidate Dubai's position as a global hub for business, leisure, and innovation under the Dubai Economic Agenda, D33, and the Education 33 Strategy. The Talent of Tomorrow Forum took place on 17 April at the Museum of The Future, gathering more than 450 educators, policymakers, and industry leaders for a dynamic day of panels, workshops, and networking. The forum focused on how Dubai can stay ahead by equipping its people with the right education, skills, and mindset to navigate the fast-changing world of work. The 'Jobs of the Future' report, co-published by DET and KHDA, examines how global trends like automation, artificial intelligence (AI), robotics, and green energy are reshaping the job market. It identifies gaps in Dubai's educational landscape and outlines opportunities to align learning pathways with future workforce needs. The report also draws insights from a proprietary Dubai Future of Jobs survey, which gathered inputs from nearly 7,800 students and educators to assess the skills most critical for tomorrow's workforce. Hadi Badri, CEO of the Dubai Economic Development Corporation (DEDC), the economic development arm of the Dubai Department of Economy and Tourism (DET), said: 'A robust education sector is at the heart of Dubai's long term economic growth, contributing to talent development and enhancing the city's appeal as the world's best place to visit, live and work in. The Talent of Tomorrow Forum brings together key voices to shape the future of our workforce, while the launch of the 'Jobs of the Future' report reflects our shared commitment with KHDA to building a skilled and resilient talent pipeline. This initiative is a clear example of the way cross-government collaboration can help deliver on the Dubai Economic Agenda, D33, and position the city as a global hub for talent.' Dr Wafi Dawood, CEO of the Strategic Development Sector at the Knowledge and Human Development Authority, said: 'Preparing students for the future of work isn't only about anticipating change but designing an education system that can evolve with it. Through the Education 33 strategy, KHDA is building an education sector that is agile, inclusive, and aligned with the priorities of D33 and its social and economic agendas. The Talent of Tomorrow Forum reflects our ongoing commitment to bring education and industry closer together in shaping the future of learning in Dubai. The conversations that took place, and the partnerships they will inspire, are essential to building an education ecosystem that empowers all learners with future skills and reinforces the principle of lifelong learning.' With Dubai consistently ranking as a regional leader in global education benchmarks such as (PISA) Programme for International Students Assessment, the city is well positioned to prepare young people for the challenges ahead, as detailed in the 'Jobs of the Future' report. Its diverse education system, including more than 800 vocational and training institutions, offers a strong foundation for future-ready learning. Both the D33 Agenda and Education 33 Strategy aim to build on Dubai's strong foundation to equip students with the skills needed to thrive in a rapidly changing world, ensuring local talent is ready to take on new opportunities, while the city also continues to attract global talent. The report highlights key priorities to advance education in Dubai, including boosting STEM education, promoting interdisciplinary studies that blend science with arts and technology, integrating specialised skills into curricula, and leveraging technologies like AI and virtual environments to enhance the classroom experiences. With the job market rapidly shifting, it also emphasises the importance of fostering a culture of adaptability and lifelong learning mindsets, to meet future demands. The success of the Talent of Tomorrow Forum marks an important step forward in bringing together voices from across diverse sectors to keep Dubai at the forefront of global talent development. It also reflects the city's ongoing commitment to building a future-ready workforce that can take on tomorrow's challenges and drive long-term growth.
