Mohammed bin Rashid approves new initiatives to boost UAE industrial sector:
Mohammed bin Rashid approves AED 1bn National Industrial Resilience Fund to localise ...
emirates247.com/uae/mohammed-bin-rashid-approves-new-initiatives-to-boost-uae-industrial-sector/1117
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UAE Launches Billion-AED Fund to Drive Industry GrowthThe AED 1bn fund targets full localisation of 5,000 products and faster AI integration by 2026 to boost supply chain resilience.
Key FactsApr 26, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: emirates247.com
Summary created with AI assistance · Source: emirates247.com
- Sheikh Mohammed bin Rashid approved a comprehensive fund to enhance the UAE’s industrial sector with AED 1 billion investment.
- The initiative aims to fully localise more than 5,000 strategic products and fortify national supply chains.
- Accelerated adoption of artificial intelligence in production, operations, and planning is a key focus of the program.
- The ‘Make it in the Emirates 2026’ event next month will gather global investors and industry leaders in Abu Dhabi.
We also approved the expansion of the ‘National In‑Country Value Programme’ to make it mandatory and applicable to all federal government entities and national companies, and adopted a policy to support the presence of national products in retail outlets and online platforms… Our goal is to fully localise more than 5,000 strategic products.— Sheikh Mohammed bin Rashid Al Maktoum, in a post on X
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industries that produce a finished, usable product or are involved in construction
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