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The industrial sector's contribution to the UAE's GDP increased from $35.9 billion in 2020 to $49.5 billion in 2022, representing 38 percent growth. Minister of Industry and Advanced Technology Sultan Al Jaber said that the national strategy for industry and advanced technology was launched in 2021, contributing to essential achievements in the industrial and technological sectors, especially in 2022. UAE's industrial exports reached $47.6 billion in 2022, compared to $31.8 billion in 2020, representing 49 percent growth.

Agreement with Nafis will unlock skilled jobs for UAE talent in ADNOC’s supply chain

ABU DHABI: More than $27.23 billion has been redirected to the local economy since the UAE Ministry of Industry and Advanced Technology (MoIAT) and ADNOC launched major in-country value programs to support domestic industries.This press release features multimedia.

ABU DHABI, 1st June, 2023 (WAM) -- PureHealth, the largest integrated healthcare platform in the Middle East, today reinforced its commitment to the National In-Country Value (ICV) Programme – one of the key pillars of the national industrial strategy – by announcing a 30 percent increase in its 10-year commitment to local procurement, taking its total commitment to AED 13 billion by 2032.The announcement took place on the sidelines of the Make it in the Emirates Forum, which is held from 31st May to 1st...

ADNOC has announced new agreements with more than 60 UAE-based and international companies to locally manufacture critical non-oil products in its supply chain