MoIAT unlocks AED 18bln in industrial financing at Make it in the Emirates 2026
5 Articles
5 Articles
The Ministry of Industry and Advanced Technology, the updated Industrial Technological Transformation Index (ITI) Employment Manual, was launched to enhance the resilience of industrial companies, which includes a practical reference to support manufacturers in accelerating the adoption of advanced technology, improving operational performance, meeting sustainability requirements, and responding effectively to rapid variables in the global indus…
MoIAT unlocks AED 18 billion to finance industrial sector
The Ministry of Industry and Advanced Technology (MoIAT) recently unlocked AED 18 billion in competitive financing for the industrial sector to help manufacturers scale their production. The ministry signed Memoranda of Understanding (MoUs) with Mashreq Bank and Dubai Islamic Bank to provide AED 10 billion over five years and AED 2 billion, respectively, while Emirates Development Bank separately allocated AED 6 billion, bringing the total to AE…
UAE secures $5bn to support industrial expansion
The UAE is to provide up to AED18 billion ($4.9 billion) in funding to support local industrial companies. The money will go towards increasing production, adopting advanced technologies and strengthening supply chains. The ministry of industry and advanced technology announced the package at the fifth edition of Make it in the Emirates, an annual event held in Abu Dhabi for national industry. Mashreq Bank, Dubai Islamic Bank and Emirates Devel…
The "Make it in the Emirates 2026" forum in the UAE addressed technological transformation in industry. With a fund of 1 billion dirhams, the aim is to strengthen domestic production, artificial intelligence, and smart factories.
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