The UAE Ministry of Industry and Advanced Technology (MoIAT) has signed a strategic Memorandum of Understanding with the Multinational Companies Business Group (MCBG) to advance standardisation, technical regulations, and capacity building—key pillars of the country’s industrial and economic strategy.
The agreement was formalised during the Make it in the Emirates forum by Dr. Farah Al Zarooni, Assistant Undersecretary for Standardization Affairs at MoIAT, and Turki Bin Moammar, Chairperson of MCBG, in the presence of senior officials from both parties.
This partnership reflects a concerted effort to align the UAE’s regulatory frameworks with global best practices. Under the agreement, MoIAT and MCBG will launch joint initiatives such as expert exchanges, capacity-building programs, participation in standardisation committees, and collaboration on innovation-led projects.
Dr. Al Zarooni emphasized that the MoU demonstrates MoIAT’s commitment to deepening ties with international industry leaders and promoting a regulatory environment that drives innovation and sustainable growth.
“Aligning our frameworks with international standards is vital to realising the UAE’s strategic vision,”
she said.
Representing global companies with a combined market capitalization of over $12 trillion, MCBG brings deep expertise across sectors including manufacturing, energy, technology, and healthcare.
Turki Bin Moammar noted the MoU affirms MCBG’s dedication to supporting the UAE’s industrial and economic progress through meaningful collaboration and knowledge sharing.
The agreement marks a significant step in fostering a resilient, innovation-driven industrial ecosystem, reinforcing the importance of public-private partnerships in strengthening national competitiveness and regulatory excellence.
News Source: Emirates News Agency
