Page 170 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
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5/26/25, 3:23 PM 'Make it in the Emirates 2025' opens with drive to strengthen industrial partnerships & global collaboration
manufacturing. HE Al Zaabi, meanwhile, emphasized the role of targeted policy in
attracting investment.
Dr. Al Zeyoudi said, "Trade agreements have demonstrated clear benefits.
According to World Bank reports, trade can increase a country's exports by up to
35% and boost GDP growth by 15%. Recognizing this potential, less than four
years ago we concluded a comprehensive seven-year agreement covering multiple
continents. To date, 21 agreements are in effect, with several more expected in the
coming weeks."
Al Zaabi added: "The UAE is among the few countries that have successfully
modernized its legal framework to serve the industrial sector better. Thirty or forty
years ago, employment opportunities in Abu Dhabi were limited. Today, these
opportunities are far more abundant, and we actively encourage our citizens to
pursue careers in industrial fields. Our capacity is greater than ever, and the future
looks promising."
At the close of the panel, Najla Al Midfa, Vice Chairperson of Sheraa and Vice
Chairperson and Managing Director of the Emirates Growth Fund, introduced the
newly launched Emirates Growth Fund - a AED 1 billion initiative under Emirates
Development Bank. The fund is designed to empower the next generation of UAE-
grown industrial champions, focusing on high-growth ventures across technology,
advanced manufacturing, and SME sectors.
Al Midfa said: "We are proud to announce a strategic commitment of AED1 billion
to support these companies. And that's only the beginning. We aim to channel more
than AED 10 billion in funding into high-impact sectors such as healthcare,
advanced technology, and next-generation industries." She added: "It is time to
make SMEs great again."
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