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

UAE minister says 'no country should hold straits as hostage'

Reem Al Hashimy, UAE's Minister of State for International Cooperation, has asserted that "no country should be allowed to hold straits as hostage", while advocating for international governance on global passageways.
Two dead, Three injured in debris incident in Abu Dhabi

Fallen debris from a ballistic missile interception has killed two people in Abu Dhabi, with three injuries reported and several cars damaged as authorities respond to the incident at Sweihan street on Thursday.
UAE issues alert for unstable weather conditions on Thursday

The UAE weather authorities have issued a yellow and orange alert with potential rainfall across several areas in the country on Thursday.
UAE joins 5 nations to condemn pro-Iranian attacks coming from Iraq

The UAE, alongside Kuwait, Bahrain, Saudi Arabia, Qatar, and Jordan, has released a joint statement condemning attacks "carried out by armed factions loyal to Iran from Iraq" to several countries in the region.