MEED | Ducab furthers UAE's smart manufacturing ambitions
Ducab launches Blade to redefine the standards of industrial excellence and lay the foundation for the future of the GCC manufacturing sector
Source: meed.com
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EDB launches UAE's first agritech loans programme
The Emirates Development Bank programme is targetted at farmers, local producers, technology providers, equipment suppliers, and those involved in the agriculture support ecosystem
Source: gulfbusiness.com
UAE's industrial investment model drives foreign direct investment
Organised in partnership with the Abu Dhabi Department of Economic Development (ADDED) and Abu Dhabi National Oil Company (ADNOC), the second edition of the forum was held from 31st May to 1st June and built on the successes of the inaugural edition in 2022
Source: zawya.com
UAE's Industry Contributed $49.5 Bn to the GDP
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.
Source: aawsat.com
Make It in the Emirates Forum: EDB facilitates Dhs424m in funding
EDB’s financing deals come as part of its mandate to approve Dhs30bn in funding support to companies in the UAE within five key focus sectors
Source: gulfbusiness.com