The summit will attract over 500 global delegates, including limited partners, high net-worth individuals, and family offices
kt network3 hours ago
The UAE on Monday launched a new industrial strategy to increase contribution of the manufacturing sector from Dh133 billion to Dh300 billion in the national economy over the next 10 years.
ALSO READ:
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the launch of the strategy — named Operation 300bn — which will be led by the UAE’s Ministry of Industry and Advanced Technology.
“The development of the industrial sector is the development of our economic stability, global standing and the future of our generations,” Sheikh Mohammed said in a tweet on Monday.
“Our goal from the strategy is to support the establishment of 13,500 industrial companies in the coming years. The strategy also includes increasing spending on research and development in the industrial sector from Dh21 billion to Dh57 billion in the coming years,” Sheikh Mohammed said.
The UAE Vice-President also launched new industrial identity of the UAE, derived from its media identity, to support national products.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said the UAE’s industrial strategy will bring the public and private sectors closer.
“The UAE’s Industrial Strategy brings together the private and public sectors to re-imagine the future of industries. It is a determination to build our nation’s knowledge and expertise and forge our path towards long-term sustainable growth that benefits people and planet,” said Sheikh Mohamed.
waheedabbas@khaleejtimes.com
The summit will attract over 500 global delegates, including limited partners, high net-worth individuals, and family offices
kt network3 hours ago
The new fine-dining experience aims to pioneer a new era of experiential dining, offering a seamless blend of gourmet food and cultural exploration
kt network3 hours ago
While the CEO has explained the reason behind the unusual job post, it garnered mixed reactions from Netizens on LinkedIn and X
asia3 hours ago
Ahead of KT Events’ DXB F&B Awards, all set to take place on November 27, jury member Jean Winter talks at length about what it takes to be truly inclusive
lifestyle3 hours ago
The currency was at Dh23.02 as of 10.40 am IST
markets3 hours ago
The conglomerate's stocks have lost $33 billion in combined market value since the news of Gautam Adani's indictment
markets3 hours ago
The IPL termed these tournament dates as 'windows', but they are likely to end up being the final dates, according to a report
cricket4 hours ago
These special tickets must be bought in pairs and there’s a strict limit of two passes per person
entertainment4 hours ago