Currencies:
RUB/USD 0,0111
0,0001
BRL/USD 0,1924
0,0016
INR/USD 0,1199
0,0001
CNY/USD 0,1377
0,0002
ZAR/USD 0,5348
0,0094
Weather:
Moscow 18 °C
Brazilia 21 °C
New Delhi 34 °C
Beijing 24 °C
Pretoria 11 °C
Cairo 22 °C
Tehran 26 °C
Abu Dhabi 30 °C
Menu
Home
News
Videos
Podcasts
Menu
Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
27.05.2416:16 Sport
TV BRICS International Media Network to support development of BRICS Marathon League
23.05.2411:18 Economics
TV BRICS to bring together media managers from BRICS+ countries at International IT Forum in Russia
17.05.2413:30 Society
TV BRICS International Media Network is presented in Xiamen, China
Объединенные Арабские Эмираты
22.03.24 09:05
Economics

UAE industry makes significant strides in development thanks to strategies of Ministry of Industry and Advanced Technology (MoIAT)

UAE Minister of Industry and Advanced Technology shares important news on the advancement of the national industrial sector


The Ministry of Industry and Advanced Technology (MOIAT) is successfully implementing strategic initiatives and programmes aimed at strengthening competitiveness and developing the sector.

In an interview with the Emirates News Agency (WAM), a partner of TV BRICS, Dr. Al Jaber highlighted MOIAT's active work to increase the value of production and value-added in materials processing, contributing to security of supply and increasing the competitiveness of domestic products.

He also noted that MOIAT's incentives and support measures play a key role in encouraging business development and reducing financial risks for industrial companies. The financing also encourages innovation, technological change and job creation in the private sector.

The establishment of MOIAT in 2020 has improved the business environment and operating costs, reducing various hurdles previously faced by the UAE's industrial sector. These improvements have enabled the UAE's industrial sector to increase its economic contribution by 49 per cent in 2023.

MOIAT has also promoted the adoption of advanced technologies and Industry concepts such as robotics, artificial intelligence, blockchain and others. The utilisation of these technologies has led to the growth of industrial exports and the entry of high-tech products into the market.

Photo: iStock


Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data

MORE ON THE TOPIC

30.05.2418:31 Economics
BRICS Bank considers financing projects of non-member countries
30.05.2411:18 Economics
Lula signs law incentivising tax breaks and modernisation of Brazilian industrial park
30.05.2410:30 Economics
Healthcare industry in Gulf Cooperation region is expected to be worth US$135 billion by 2027
29.05.2418:31 Economics
New Development Bank and China sign loan agreement to promote sustainable infrastructure development in Zhejiang Province
29.05.2416:16 Economics
Presentation of III International Eurasia Expo takes place in Russia
29.05.2415:35 Economics
Value of trade between Egypt and China exceeds US$13.9 billion
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data