ARN News Centre

UAE cabinet approves policy for advanced industries

Wednesday, 25 December 2019 14:36

Authorities in the UAE are taking further steps to promote the industrial sector.

The federal cabinet has approved a new strategy which encourages businesses to develop futuristic industries and advanced technologies.

It also aims to improve coordination between various emirates and ensure flexibility in planning and policies.

Talent development, cost reduction and environmental sustainability are some of the other priority areas.

The industrial sector contributed 8.9 per cent to the local GDP in 2018. It also employs 9 per cent of the country’s total workforce as of 2017.

More from UAE

Dubai-Sharjah bus services resume

Dubai's Roads and Transport Authority (RTA) has confirmed that its inter-city bus routes connecting Sharjah are now operating normally following recent disruptions to the schedule due to the weather conditions.
Dubai Municipality clarifies 'dead fish' phenomenon

Dubai Municipality has clarified that dead fish that were spotted recently in some water channels in the emirate is a natural phenomenon.
Abu Dhabi court adjourns case of 84 facing terror charges

The next hearing of a case involving 84 people charged with establishing and managing a terrorist organisation in the UAE, has been adjourned to May 2.
UAE President pledges $40 million more towards 'species conservation'

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has pledged an additional $40 million to support grassroots species conservation programmes globally under the MBZ Fund.