The third Make it in the Emirates (MIITE) Forum, organized by MoIAT, ADDED, and ADNOC, concluded with 6,000 attendees and 200 companies.
Announcements included AED 23 billion procurement opportunities, totaling AED 143 billion across three editions, with ADNOC allocating AED 20 billion and PureHealth AED 3 billion.
The forum announced AED 20 billion in new industrial investments and competitive electricity prices in several UAE regions. A co-lending financing initiative of AED 1 billion aims to empower industrial firms, alongside a AED 370 million AI Innovation Programme. The event highlighted local industrial achievements and support for essential product manufacturing.
The forum underscored the pivotal role of AI as a cornerstone of the country’s strategic direction and in raising efficiency, productivity, and competitiveness.
The forum further cemented the UAE’s position as a key global platform for collaboration among institutions, companies, and financial institutions. The third edition witnessed the signing of 82 MoUs and agreements between government entities and leading industrial companies.
The forum featured the launch of Transform 4.0, a programme aiming to accelerate the adoption of advanced technology in industry through developing a roadmap for 100 industrial companies. This initiative aims to enhance the competitiveness of national industries, elevate productivity, improve operational efficiency, and foster sustainable growth opportunities. Ultimately, it aims to support the digital economy by leveraging knowledge, technology, and innovation.
The Ministry announced the three winner of Make it in the Emirates Start-Up Pitch Competition covering the two categories of additive manufacturing and decarbonisation.
The forum supports sustainable economic development and promotes self-sufficiency, localisation and resilience in value chains, particularly by driving the adoption of advanced technology, Fourth Industrial Revolution solutions and AI applications. Furthermore, the forum serves as a platform for empowering Emirati talent in the industrial sector.
News Source: Emirates News Agency
