
Third Make it in the Emirates Forum facilitates five strategic announcements and signing of 82 agreements
- More than 6 thousands attendees from investors, industrialists, and innovators
- More than 200 organizations, entities, and financial institutions
- 82 agreements were signed between government entities and manufacturers
Abu Dhabi-UAE. 29 May 2024 – The third edition of the Make it in the Emirates (MIITE) Forum and exhibition, organized by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with the Abu Dhabi Department of Economic Development (ADDED) and ADNOC, concluded on Tuesday. The two-day event in Abu Dhabi was attended by six thousand investors, industrialists, innovators and experts and featured 200 leading companies and financial institutions in the UAE.
The third MIITE Forum witnessed five strategic announcements, including an additional AED 23 billion worth of procurement opportunities for local manufacturing, raising the total value generated by the three editions of the forum to AED 143 billion, comprising more than 2,000 products. This includes AED 20 billion allocated by ADNOC, and AED 3 billion by PureHealth.
During the forum, AED 20 billion worth of new investments in industrial projects were announced, alongside competitive electricity prices for industrial companies in Ajman, Ras Al Khaimah, Umm Al Quwain, and Fujairah under a partnership between the Ministry of Energy and Infrastructure and the Etihad Water and Electricity.
The event a marked the introduction of AED 1 billion in solutions via a co-lending financing between Emirates Development Bank (EDB) and commercial banks to empower industrial companies.
The event also launched the AI Innovation Program, an initiative designed to support startups on AI integration which is backed by EDB with a AED 370 million fund.
The third MIITE Forum showcased the achievements of local industrial companies, along with the incentives that bolster and attract industrial investments to the country. It highlighted the country’s support for the local manufacturing of essential products and materials.
The exhibition that accompanied the forum showcased 300 products that came as a result from Make it in the Emirates initiative, National ICV-Program, and import substitution efforts by national and international companies. These included innovative solutions designed to support the development of the industrial sector and boost food security.
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 program 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 decarbonization.
The forum supports sustainable economic development and promotes self-sufficiency, localization 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.
Home >> Local News and Government Section
DLD is shaping the future through strategic partnerships that elevate service ex ...
Celebrating Museums as Custodians of Cultural Legacy
Economic Integration Committee reviews latest developments in the enhancement of ...
Join the Easter Egg Hunt at Emirates Park Zoo & Resort, on 19th April 2025!
Dubai Health Authority Completes Preparations for Participation in Dubai AI Week
GPSSA organized its second board meeting for 2025 under the chairmanship of His ...
Pablo Torres moves up to third on Giro d'Abruzzo Queen stage
RTA Achieves ISO Certification for Designing Outstanding Customer Experiences
Emirates SkyCargo invests in hydrogen-powered trucks
Successful Conclusion of the 21st Edition of IPS 2025 Amid Remarkable Global Att ...
Brazil's Adoption of Electronic Air Waybill a Milestone for Modernization
Qatar Airways to Showcase 'Qsuite Next Gen' at ATM Dubai 2025
DXB recognised for leadership in aviation safety by ACI
Dubai Investments Shareholders Approve 18% Dividend at the 29th Annual General M ...
Response Plus Medical & its subsidiary Prometheus Medical collaborate with BACSW ...
World and Olympic Champions Compete in Dubai for Water Sports World Championship ...
Hala Badri Visits Shifting Gazes Exhibition
Summit highlighting the role of DNFBPs sector in fighting financial crimes kicks ...
TAQA Acquires Leading UK Electricity Transmission Development and Services Compa ...
WTTC launches its global ‘Together in Travel' SME initiative with VFS Global joi ...