Latest news with #NationalStrategyforIndustry
Leaders
10-05-2025
- Business
- Leaders
Saudi Arabia, Denmark Explore Investment Opportunities in Industry, Mining
The Saudi Minister of Industry and Mineral Resources, Bandar Al-Khorayef, explored investment opportunities with several Danish companies in the industry and mining sectors during an official visit to Denmark, reported the Saudi Press Agency (SPA). Through a series of bilateral meetings with CEOs of major companies in industry and mining in Copenhagen, Al-Khorayef discussed joint opportunities, enablers and incentives that Saudi Arabia offers to investors. The meetings focused on strengthening bilateral industrial and mining cooperation, as well as ways to capitalize on opportunities provided by the National Strategy for Industry across 12 priority sectors which the Kingdom seeks to localize and develop. Moreover, the meetings discussed opportunities provided by the Comprehensive Mining Strategy, in line with the objectives of Saudi Vision 2030, which aims to advance growth and economic diversity. During his visit to Denmark, Al-Khorayef met with leaders of companies specialized in pharmaceuticals, food, and mining. These companies included FLSmidth, Danfoss, Novo Holdings, Novonesis, and Arla Foods. The Saudi Industry Minister also met with senior officials at the Danish Chamber of Commerce, with the presence of top officials from Danish energy giants Vestas and European Energy. During the meeting, Al-Khorayef stressed the Kingdom's commitment to fostering bilateral trade with Denmark and bolstering cooperation in the industry and mining sectors. Al-Khorayef's visit to Denmark aligns with Saudi Arabia's ongoing efforts to deepen economic partnerships with advanced industrial countries, attract international expertise to accelerate the growth of the Kingdom's industry and mining sectors, and establish its status as a leading industrial powerhouse and a global hub for mining. Short link : Post Views: 15
Saudi Gazette
01-05-2025
- Business
- Saudi Gazette
Saudi ministers of foreign and industry meet Peruvian counterparts
Saudi Gazette report RIYADH — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan and Minister of Industry and Mineral Resources Bandar Alkhorayef held talks with Peruvian Minister of Foreign Affairs Elmer Schialer and Minister of Energy and Mines Jorge Montero Cornejo in Riyadh on Thursday. During the meeting, Prince Faisal discussed with the Peruvian ministers relations between the two friendly countries. The two sides reviewed aspects of cooperation in various fields in addition to international issues of mutual interest. On his part, Alkhorayef's meeting with the Peruvian ministers focused on enhancing bilateral relations between Saudi Arabia and Peru, particularly in the industrial and mining sectors. Discussions also addressed opportunities in mining exploration and strategic minerals. The meeting highlighted the Kingdom's comprehensive mining strategy and the investment opportunities available at each stage of the mining value chain. It further emphasized the importance of strengthening international cooperation in the mining and minerals sector to support industry advancement and ensure sustainability. The two sides also reviewed the objectives of the National Strategy for Industry, with a focus on promising opportunities in its sub-sectors, notably the food industry. The Kingdom's enablers and incentives to support investors were also discussed. Alkhorayef extended an invitation to the two Peruvian ministers to attend the Future Minerals Forum, scheduled to be held in Riyadh in January 2026. The forum serves as a leading global platform bringing together industry leaders to explore the challenges and future prospects of the mining and metals sector.
Asharq Al-Awsat
01-05-2025
- Business
- Asharq Al-Awsat
Saudi Arabia, Peru Discuss Cooperation in Mining Sector
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef met on Thursday with Peru's Minister of Energy and Mines Jorge Cornejo and Minister of Foreign Affairs Elmer Schialer. The meeting focused on boosting bilateral relations between Saudi Arabia and Peru, particularly in the industrial and mining sectors. Discussions also addressed opportunities in mining exploration and strategic minerals. The meeting highlighted the Kingdom's comprehensive mining strategy and the investment opportunities available at each stage of the mining value chain. It further emphasized the importance of strengthening international cooperation in the mining and minerals sector to support industry advancement and ensure sustainability. The two sides also reviewed the objectives of the National Strategy for Industry, with a focus on promising opportunities in its sub-sectors, notably the food industry. The Kingdom's enablers and incentives to support investors were also discussed. Alkhorayef extended an invitation to the two Peruvian ministers to attend the Future Minerals Forum, scheduled to be held in Riyadh next January. The forum serves as a leading global platform bringing together industry leaders to explore the challenges and future prospects of the mining and metals sector.
Al Etihad
22-04-2025
- Business
- Al Etihad
ADNOC launches 'Make it with ADNOC' App to boost local manufacturing, industrial growth
22 Apr 2025 16:37 ABU DHABI (ALETIHAD)ADNOC on Tuesday announced the launch of 'Make it with ADNOC', a first-of-its-kind mobile application, to boost local manufacturing and accelerate the UAE's industrial app, launched in support of the Make it in the Emirates initiative, offers real-time visibility into products ADNOC intends to small and medium-sized enterprises (SMEs) and entrepreneurs will gain a clear pathway to capitalise on long-term local manufacturing opportunities through Make it with ADNOC innovative app will enable smarter engagement for businesses with ADNOC, enhance transparency in the procurement process, de-risk investment decisions and facilitate supplier Saeed Almazrouei, ADNOC Executive Director, People, Commercial & Corporate Support, said, 'We are delighted to launch Make it with ADNOC mobile app as it will provide businesses with real-time visibility into the products we plan to purchase and offer them a more streamlined, integrated process to capitalise on the significant local manufacturing opportunities we are creating. "As a key catalyst of the Make it in the Emirates initiative, ADNOC continues to drive new and innovative ways to boost local manufacturing and strengthen the resilience of the UAE's industrial base. We encourage new and existing businesses to leverage Make it with ADNOC app to directly engage with us and unlock mutual value.'Make it with ADNOC app was launched at an event at ADNOC HQ. In attendance were Salama Alawadhi, Assistant Under-Secretary of Industry Development at the Ministry of Industry and Advanced Technology; Osama Amir Fadhel, Assistant Under-Secretary of the Industry Accelerators Sector at the Ministry of Industry and Advanced Technology; Rashed Abdulkareem Al Blooshi, Under-Secretary of Abu Dhabi Department of Economic Development; Shamis Al Dhaheri, Second Vice Chairman and Managing Director of Abu Dhabi Chamber of Commerce and Industry; Mohammad Al Kamali, Chief Trade and Industry Officer at Abu Dhabi Investment Office; Mashal Alkindi, Chief Executive Officer of TA'ZIZ ; Fatima Al Hammadi, Chief Commercial Officer, KEZAD Group; Rabee AlMukhallalati, General Manager of Ali & Sons Oil and Gas; Dr. Ahmed El Tannir, General Manager of Al Masaood Energy; Amer Kakish Chief Executive Officer at Ittihad International; Yaser Saeed Almazrouei, ADNOC Executive Director, People, Commercial & Corporate Support; Dr. Saleh Al Hashimi, Director of ADNOC's Commercial and ICV Directorate; Ali Foolathi, ADNOC Senior Vice President - Procurement Excellence & In-Country Value; and Jasim Saeed, ADNOC Senior Vice President, Group Procurement Operations and senior members of the ADNOC Commercial and ICV Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology (MoIAT), said, 'In collaboration with strategic partners, MoIAT continues to advance the National Strategy for Industry and Advanced Technology, Operation 300bn, and enhance the competitiveness of the UAE's industrial said, 'Make it with ADNOC represents a new powerful enabler for the national industrial sector that complements Make it in the Emirates. It is a strategic partnership between MoIAT and ADNOC, which was among the first entities in the country to contribute to the industrial offtakes program, identifying products that could be manufactured locally.'He added, 'This new platform will provide manufacturers and investors with real-time information on opportunities within ADNOC's value chain. This will enable companies to identify products that they can manufacture in line with ADNOC's procurement needs. This will empower them to make more informed investment decisions based on accurate data. It will also help enhance supply chain resilience and sustainability, support national self-sufficiency, and contribute to the objectives of the National ICV Program by stimulating local manufacturing and fostering long-term industrial partnerships.'Omar Al Suwaidi encouraged manufacturers, investors, and suppliers to participate in the largest and most comprehensive edition of Make it in the Emirates, taking place from May 19-22 at ADNEC, Abu noted that more than 500 companies will participate to explore new investment opportunities, industrial enablers, and incentives offered by government entities, national champions, financial institutions, and technology providers.'This year's edition will unveil exceptional opportunities,' Al Suwaidi said, 'including new offtake agreements across 12 strategic sectors and thousands of products identified for local manufacturing – further reinforcing the UAE's position as a global hub for industrial innovation and sustainable growth.'Rashed Abdulkarim Al Blooshi, Under-Secretary of the Abu Dhabi Department of Economic Development, said, 'The launch of the 'Make it with ADNOC' app is a strategic step aligned with the objectives of the Abu Dhabi Industrial Strategy (ADIS) and the broader vision of Abu Dhabi's Falcon Economy; an economy defined by resilience, innovation, and global competitiveness. "The app supports ADIS by boosting local supply chains, enabling smarter industrial investment, and encouraging deeper private sector participation in priority manufacturing sectors. By enhancing transparency and streamlining access to ADNOC's procurement pipeline, it empowers businesses to align with national priorities and confidently invest in the UAE's industrial future, reinforcing Abu Dhabi's position as a leading economic and industrial hub in the region.'Badr Al Olama, Director-General of the Abu Dhabi Investment Office (ADIO), said, 'The launch of the 'Make it with ADNOC' app is a powerful step towards reinforcing Abu Dhabi as a global hub for advanced industry and innovative investments. Streamlining access to local manufacturing opportunities enhances the competitiveness of our industrial ecosystem while creating a more compelling environment for investors. This initiative supports ADIO's mission to empower investors, enable industrial innovation, and unlock high-impact opportunities across priority sectors, starting with industry.'Shamis Al Dhaheri, Second Vice Chairman and Managing Director of Abu Dhabi Chamber of Commerce and Industry, said, 'The launch of 'Make it with ADNOC' app marks a strategic leap in strengthening the UAE's industrial capabilities. By offering real-time access to procurement opportunities, ADNOC is fostering a more transparent, forward-looking, and collaborative ecosystem that empowers local manufacturers and SMEs to scale and innovate. As a longstanding partner in driving private sector growth, Abu Dhabi Chamber supports this bold initiative, which aligns with our national vision for industrial self-sufficiency and economic diversification — strengthening our industrial base and accelerating sustainable economic development.'The launch of the app comes ahead of the Make it in the Emirates forum which is set to take place from May 19-22 in Abu Dhabi. It builds on the success of ADNOC's ICV program which has driven Dh242 billion ($65.9 billion) back into the UAE economy and enabled 17,000 Emiratis to be employed in the private sector since 2018. As part of ADNOC's ICV programme, the company aims to drive Dh200 billion ($54.5 billion) into the UAE economy over the next five years.
