UAE cabinet approves policy for advanced industries

Wednesday, 25 December 2019 14:36

Authorities in the UAE are taking further steps to promote the industrial sector.

The federal cabinet has approved a new strategy which encourages businesses to develop futuristic industries and advanced technologies.

It also aims to improve coordination between various emirates and ensure flexibility in planning and policies.

Talent development, cost reduction and environmental sustainability are some of the other priority areas.

The industrial sector contributed 8.9 per cent to the local GDP in 2018. It also employs 9 per cent of the country’s total workforce as of 2017.

More from Local

UAE President to begin state visit to Angola on Sunday

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan will begin a state visit to Angola on Sunday.
Dubai announces road project to widen key bridge to DXB Terminal 1

Access to Dubai International Airport's Terminal 1 is set to improve under a new contract awarded by Dubai's Roads and Transport Authority (RTA) to widen the existing bridge from three to four lanes.
UAE warns of free public Wi-Fi risks with over 12,000 breaches recorded in 2025

The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using unsecured, free public Wi-Fi networks, revealing that more than 12,000 breaches have been recorded through such networks since the beginning of the year.
UAE starts loading 9th aid ship for Gaza

The ninth UAE aid ship for Gaza is being loaded with 7,000 tonnes of essential food supplies.
UAE humanitarian aid convoy arrives in Gaza

A UAE aid convoy, loaded with critical food and relief supplies, has arrived in Gaza to address the urgent needs of Palestinians displaced by the conflict, state news agency Wam reported.

The Business Breakfast
6:00am - 10:00am

The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
The Agenda
10:00am - 1:00pm

Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USA
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
New iPhone Launch - Too Soon For Apple?
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Working From Home or Hardly Working?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?

On Dubai Eye

Is There Sufficient House Supply In UAE
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Noon's First Female Delivery Driver
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!