Latest news with #Thani
Khaleej Times
20-05-2025
- Business
- Khaleej Times
UAE manufacturers urged to take advantage of local port operators' global presence
Manufacturers in the UAE have been asked to take advantage of local port operators' global presence. Speaking during a panel discussion at the Make it in the Emirates in Abu Dhabi on Monday, Dr Thani Al Zeyoudi, UAE's minister of state for foreign trade, encouraged local exporters to take advantage of the strong presence of DP World and Abu Dhabi Ports within and outside the UAE. 'They are important and play a key role in logistics sectors. They are very important in the world, managing more than two-thirds of global ports,' he added. The Dubai-based global ports operator DP World has presence across dozens of countries, managing ports, economic zones and logistics facilities in America, Asia, the Middle East, Africa and other regions. Abu Dhabi Ports owns and operates 10 ports and terminals in the UAE. Each facility is strategically located, harnessing sea, air, road and rail connectivity to provide gateways to global markets. This wider presence across various countries of local port operators makes it even easier for local manufacturers and exporters to export their goods globally. The fourth edition of the Make it in the Emirates exhibition and conferences is taking place from May 19 to 22 at Adnec Centre in Abu Dhabi, showcasing various products manufactured locally from defence to AI to space. Ø´Ù�دذ اÙ�جÙ�سة اÙ�Ù�زارÙ�Ø© Ù�Ù�اشاÙ� Ù�ØÙ�رÙ�اÙ� بعÙ�Ù�اÙ� "إعادة ذعرÙ�Ù� اÙ�صÙ�اعة Ù�اÙ�ذجارة Ù�اÙ�اسذثÙ�ار"Ø� ØÙ�Ø« Ù�دÙ�Ù� اÙ�Ù�ادة رؤÙ� اسذراذÙ�جÙ�Ø© ØÙ�Ù� سÙ�بÙ� بÙ�اء اÙ�ذصاد صÙ�اعÙ� Ù�Ø°Ù�اÙ�Ù� Ù�Ù�ائÙ� عÙ�Ù� اÙ�Ù�Ù�Ù�Ø©Ø� Ù�Ù�Ø°Ù�اسÙ� عÙ�Ù� اÙ�Ù�سذÙ�Ù� اÙ�عاÙ�Ù�Ù� اÙ�Ø·Ù�اÙ�اÙ� Ù�Ù� دÙ�Ù�Ø© اÙ�Ø¥Ù�اراذ. ð���ï¸� 19 â�� 22 Ù�اÙ�Ù� 2025 ð��� Ù�رÙ�ز أدÙ�Ù�Ù� أبÙ�ظبÙ� سجÙ�Ù� اÙ�Ø¢Ù�â�¦ — MIITE (@MIITEUAE) May 19, 2025 Dr Thani added that the UAE offers opportunities to manufacturers to tap a 2.5 billion wider market in case of supply chain challenges in the region. He pointed out that the Middle East market is just around 500 million, therefore, the bigger 2.5 billion market 'helps a lot in providing alternatives for UAE manufacturers in case of supply chain issues". Within a four-hour radius, exporters in the UAE can reach over 2 billion people. Located at a crossroad between east and west, the UAE greatly benefits from its central location. In addition, exporters can cash in on the strong connectivity that UAE carriers Emirates, Etihad and flydubai provide. The minister noted that studies show that trade agreements increase countries' GDP by 15 per cent. 'Comprehensive Economic Partnership Agreements (CEPAs) guarantee investors bigger markets,' he said, adding that more CEPAs 'will be signed in the coming few weeks". The minister stressed that each emirate complements the other when it comes to economic diversification of the economy. 'We have the UAE Industrial Council and there are representatives of all stakeholders. Plus, coordination of policies is happening and we are working to overcome challenges that manufacturers face. We are keen to attract more investment. We want natural resources that are affordable and sustainable because we want prices to be stable as volatility will harm the credibility of the market. We need competency and skills in the manufacturing sector. Our products are exported everywhere in the world.' The minister stated that they're coordinating with local and federal stakeholders in attracting talent from other countries as well as through the Nafis programme dedicated to UAE citizens. Speaking during the panel discussion, Ahmed Al Zaabi, chairman of the Abu Dhabi Department of Economic Development, revealed that the number of factories has tripled in the manufacturing sector in the Capital over the last few years. 'We have many initiatives through which we can help to open a factory, provide funding and import raw materials." In the last two years, Al Zaabi noted that the industrial sector's contribution to Abu Dhabi GDP has grown by over 22 per cent from Dh91 billion to Dh111.6 billion.
Muscat Daily
08-04-2025
- Business
- Muscat Daily
‘Rose Giving' to celebrate Jabal Akhdar's blooming harvest
Jabal Akhdar – In a bid to support rose farming and promote tourism in Jabal Akhdar, the Authority for Small and Medium Enterprises Development (ASMED) and the Ministry of Heritage and Tourism have planned to hold a special event titled 'Atad al Ward' (Rose Giving) next week. The initiative aims to highlight the economic and cultural importance of the rose industry, which has long been rooted in the traditions of communities living in the highlands of Jalal Akhdar. Sulaiman Awlad Thani, a resident of Jabal Akhdar, said the rose harvest begins in March and continues until the end of April. 'During this season, the air in Jabal Akhdar becomes filled with the scent of roses, which are used in perfumes, food flavourings and herbal remedies,' he said. Jabal Akhdar is home to nearly 4,000 rose bushes, spread across villages including Al Aqar, Al Ain, Saiq and Al Shurayjah. The most widely cultivated variety is the pink Mohammadi rose. The harvest has become a seasonal draw for visitors, who often purchase locally produced rosewater and related products from shops in the area. Thani said rose cultivation has become a growing source of income for local families, with many young people now taking part in the harvest. 'Rose farming is an ancient tradition, passed down through generations. It has become a craft with its own unique character,' he added. The production of rosewater begins early each morning, when roses are picked and delivered to distillation units. The process is carried out using clay pots made in Bahla, a town renowned for its pottery. Rosewater is widely used in Omani sweets, coffee and tea, and it also features in perfumes and cosmetics. To offer tourists a closer look at the harvest and traditional distillation process, guided trips are organised during the season. The upcoming Rose Giving event will include a workshop on rose harvesting and rosewater production. It will also provide space to small and medium enterprises to showcase their products and include artistic activities for children. The event seeks to promote rose farming as a viable career for younger generations, encourage cultivation among local residents, and preserve traditional knowledge and practices tied to the industry.
Mid East Info
06-02-2025
- Business
- Mid East Info
HE Dr. Thani champions the role of technology in trade during keynote address at the Plug and Play Middle East Summit
The inaugural Plug and Play Middle East Summit connects entrepreneurs, corporations, and investors in the tech space HE Dr . Thani: 'It is vital we empower entrepreneurs and startups to develop cutting-edge solutions that enable smarter, faster, and more inclusive global trade – while establishing the regulatory frameworks and interoperable systems needed to deploy them .' Dubai, UAE – February, 2025: HE Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, has underscored the transformative role of advanced technologies—particularly artificial intelligence (AI)—in driving a new era of smarter, faster, and more efficient global tradeand how the UAE is taking the lead on their implementation. Speaking at the inaugural Plug and Play Middle East Summit, an event that brought together industry pioneers, government officials, and investors to showcase innovations shaping the economy of tomorrow, HE Dr. Al Zeyoudi emphasized the urgent need for the international trading community to harness the power of startups and release the value that is being locked away by outdated systems and human-centric processes. HE Dr. Al Zeyoudi stated: 'The UAE recognizes that trade is undergoing a complete transformation, driven by new technologies, automation, and digital innovation. It is vital we empower entrepreneurs and startups to develop cutting-edge solutions that enable smarter, faster, and more inclusive global trade—while establishing the regulatory frameworks and interoperable systems needed to deploy them. Through the TradeTech Initiative, launched in partnership with the World Economic Forum, we are accelerating these efforts, including the establishment of the TradeTech Accelerator and a Regulatory Sandbox. Their success can unlock new opportunities for commerce across the world..' He continued: 'The TradeTech Accelerator, developed in collaboration with Plug and Play, is already yielding results. From a pool of 1,500 top-tier startups worldwide, we have identified 14 high-potential ventures pioneering AI-driven logistics, blockchain-powered trade finance, and digital supply-chain optimization. Their agility and creativity will not only enhance supply chains but also reaffirm the strength of the UAE's innovation ecosystem.' The summit included a series of fireside chats and panel discussions, bringing together leading figures from technology, investment, and trade to explore AI's evolving role in entrepreneurship. Participants included Fadi Ghandour, Executive Chairman of Wamda Group; Carlos de Torres, Head of EMEA Venture Capital and Private Equity at Google; Joel Podolny, Founder of Honor Education; and Arya Bolurfrushan, CEO of the Bolurfrushan International Group. Discussions covered a wide range of topics, from fintech trends and blockchain to the transformative impact of AI on industries and its role in augmenting human capabilities.
