Latest news with #UAEindustry
Trade Arabia
20-05-2025
- Business
- Trade Arabia
UAE signs deal with Airbus to boost local aerospace capabilities
The Ministry of Industry and Advanced Technology (MoIAT) has signed a strategic MoU with Airbus Africa and Middle East to advance the development of a domestic aerospace capability enhancement programme. The MoU establishes a framework for long-term collaboration to support the UAE's national industrial objectives, including supplier development, skills transfer, and integrating local companies into Airbus's global value chain, said the ministry in a statement. The initiative aligns with the UAE's National Strategy for Industry and Advanced Technology, which seeks to position the country as a global hub for future industries, it stated. Omar Suwaina Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology, and Gabriel Semelas, President of Airbus Africa and the Middle East, signed the agreement on the sidelines of Make it in the Emirates 2025, the UAE's flagship industrial platform. Held under the theme 'Advanced Industries. Accelerated', Make it in the Emirates 2025 is set to be the largest edition yet, featuring more than 700 exhibitors and showcasing over 3,800 locally manufactured products across over 68,000 square meters of exhibition space. The event builds on more than AED160 billion in offtake opportunities linked to over 4,800 products identified for local manufacture, said the statement.
Khaleej Times
20-05-2025
- Business
- Khaleej Times
UAE gets Dh25 billion boost in procurement, to add 1,200 jobs in local manufacturing
The UAE increased the value of procurement from local manufacturers from Dh143 billion to Dh168 billion over the next 10 years, an increase of Dh25 billion from last year's figures, said Dr Sultan Al Jaber, the UAE's minister of industry and advanced technology. Speaking on Monday during the welcome keynote at the ' Make it in Emirates ', he said this initiative has been taken to localise the manufacturing of over 4,800 products and further support the industrial sector in the country. This initiative will significantly boost local manufacturing across various sectors and create jobs. He added that the UAE will provide Dh40 billion in competitive financing and create 1,200 jobs for the citizens in the manufacturing sector over the next five years. He elaborated that in addition to the Emirates Development Bank, other commercial banks operating across the country will be part of this financing package. 'There are rapid economic shifts which are creating unprecedented opportunities across all industries. The UAE has succeeded in laying a strong foundation for building a strong industrial sector that supports economic diversification,' he said during the speech at the fourth edition of Make it in the Emirates, taking place from May 19 to 22 at Adnec Centre in Abu Dhabi. AI is beyond a tool, it's an economic sector 'Countries with strong industrial foundations enjoy sustainable economic growth and secure a bright future, and every investment in the industrial sector has multiple effects. As we move toward advanced industries like artificial intelligence (AI), and robotics, the world is witnessing a new industrial era driven by ideas and accelerated by technologies. We launched the UAE's industrial strategy to grow the sector's contribution to GDP, support local products, power supply chain and accelerate the adoption of Fourth Industrial Revolution technologies,' he said, adding that 'We don't see AI just a new tool and technology but as a complete economic sector,' he said. Dr Sultan credited UAE's Comprehensive Economic Partnership Agreements (CEPAs) for enhanced market access for Emirati products and raised the country's foreign trade to over Dh5 trillion. The first phase of the US-UAE AI Campus was launched during US President Donald Trump's Gulf visit last week. It will be the largest AI hub outside the US and will boost UAE's standing in the global economy. 'This is how the UAE leads industries of the future to advance our journey toward technology and AI adoption. The ministry launched a technology transfer programme, supporting over 500 factories with financial facilities totalling Dh4.6 billion. We are focusing on renewable energy technology, space, semiconductors, smart chip components for AI data centres, energy storage batteries and autonomous vehicles, among others.' The minister pointed out that through the National In-Country Value (ICV) Programme, which redirects as much spending as possible toward national products and services, local spending reached Dh347 billion and created over 22,000 jobs for Emiratis. Dr Sultan Al Jaber invited local and international investors to explore opportunities offered through the Make It in the Emirates platform and build a high-quality, long-term industrial partnership. 'We encourage young Emiratis through the Make it in the Emirates platform to join the industrial sector through jobs or entrepreneurship. Step up as the UAE gives everything they need to succeed and lead in the future. The 'made in the UAE' mark will be a symbol of quality excellence,' he concluded.
Zawya
20-05-2025
- Business
- Zawya
EGA and MoIAT sign agreement to utilise EGA Industry 4.0 expertise to accelerate adoption in UAE industry
Abu Dhabi, United Arab Emirates: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside of oil and gas, and the Ministry of Industry and Advanced Technology (MoIAT) today signed an agreement leveraging EGA's Industry 4.0 expertise to support the digital transformation of UAE industrial companies. The agreement was signed at Make it in the Emirates 2025 by His Excellency Omar Al Suwaidi, Undersecretary at MoIAT, and Abdulnasser Bin Kalban, Chief Executive Officer of EGA. HE Al Suwaidi said: 'EGA's recognition as a global leader in Industry 4.0 positions it ideally to help advance the UAE's industrial digital transformation. By sharing EGA's best-in-class expertise, we can empower UAE industries – including small and medium-sized enterprises (SMEs) – to become more globally competitive, resilient, and future-ready. This partnership directly supports the objectives of the National Strategy for Industry and Advanced Technology, driving sustainable growth and advanced technology transformation of our industry.' Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: "EGA is the UAE and the aluminium industry's first Industry 4.0 global lighthouse, and we have the opportunity and the responsibility to support MoIAT to accelerate the digital transformation of other UAE industrial companies. We are looking forward to sharing the knowledge we have gained from EGA's pioneering digital transformation programme, as another contribution to the achievement of the UAE's Operation 300bn industrial development strategy.' Earlier this year, EGA was designated a global Industry 4.0 Lighthouse by the World Economic Forum, the first in the UAE and in the global aluminium industry to achieve this distinction. Since 2021, EGA's digital transformation and Industry 4.0 programmes have delivered some $100 million in financial impact through more than 80 Industry 4.0 use cases. These range from using artificial intelligence to perform real-time quality checks of carbon anode production to developing predictive tools for market movements in key commodities. Almost 3,000 EGA employees have been upskilled in digital capabilities and ways of working. Under the agreement, EGA will support MoIAT in developing a mentorship programme to accelerate advanced technology adoption among UAE industrial companies, including SMEs. The programme will offer tailored practical guidance and technical support from EGA's operations and digital transformation experts.
