Orchestra 
DIGITAL WORLD
BRICS+ Media Centre 
MODERN RUSSIAN 
Growth reflects successful industrial policy and rising global competitiveness of national products
-
![]()
Ake Ngiamsanguan / iStock [Photo source]
The United Arab Emirates recorded industrial exports of US$71.4 billion in 2026, up 25 per cent compared with 2024 and more than double the level since the Ministry of Industry and Advanced Technology was created in 2020. This information was reported by Emirates News Agency (WAM), a partner of TV BRICS.
Medium- and high-tech exports reached US$25.1 billion, growing 42 per cent in a year and surpassing the 2031 target of US$24.5 billion six years early. The increase highlights the UAE’s rapid shift to advanced manufacturing and high-value industries.
Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, emphasised that the industrial base is the foundation of a competitive economy. He noted the 25 per cent growth in industrial exports, including US$24.5 billion in the technology sector, and highlighted the country’s strong digital infrastructure and financial system supporting industrial expansion.
The UAE continues to modernise its industrial strategy and regulatory frameworks. This strengthens international confidence, consolidates the country as a regional and global hub for advanced industries, enhances supply chain resilience, and supports high-quality national products while building a sustainable industrial economy.
Experts noted that the results reflect the Ministry’s efforts to implement national strategies. The Ministry focuses on turning industrial trade growth into sustainable economic value by boosting competitiveness in key sectors, expanding exports, integrating supply chains, achieving industrial self-sufficiency, and supporting private-sector growth.
-
![]()
Economy04.08.26Fertilisers and agrochemicals: supply chains and trade within BRICS -
![]()
Economy04.08.26Number of foreign sole proprietors in Brazil surpasses record 106,000 -
![]()
Economy04.08.26China completes first high-speed railway tunnel beneath Yangtze River -
![]()
Economy04.08.26Bolivia and Brazil agree to establish international transport corridor -
![]()
Economy04.08.26India’s expanding data centre network to generate more than 433,000 jobs by 2030 -
![]()
Economy04.08.26Egypt to launch dedicated investment fund for Egyptians living abroad
-
![Sergey Lavrov]()
Sergey LavrovRussian Foreign Minister"A Joint Statement of the Foreign Ministers has been adopted. It provides a clear and principled assessment of the situation on the international stage and outlines the tasks that will be addressed in accordance with previous decisions by heads of state and governments. No one doubts that additional documents on sectoral areas of cooperation will be developed ahead of the SCO summit in Bishkek. Energy, artificial intelligence, healthcare and a number of other areas were also mentioned" -
![Nitin Gadkari]()
Nitin GadkariIndia's Union Minister for Road Transport and Highways"Our resolution has just been passed. It is very important as far as the BRICS countries are concerned, which cover 40 per cent of the world's population. We are committed to the futuristic development of the transport sector, to create cooperation, coordination and communication between the stakeholders. This resolution indicates a lot of new technology and innovation in the transport sector. It covers the road sector, railways, aviation and water transport" -
![Anutin Charnvirakul]()
Anutin CharnvirakulPrime Minister of Thailand"Russia has been a trusted friend of Thailand for over a century. […] Next year, we will mark the 130th anniversary of the establishment of diplomatic relations between our countries. We will commemorate this important milestone with high-level exchanges, thereby reaffirming our shared commitment to an even stronger partnership for the benefit of our peoples"
