Page 401 - MINISTRY OF CULTURE PR REPORT - MAY 2025 (ENGLISH)

5/20/25, 1:11 PM Fourth Edition of Make it in the Emirates Opens in Abu Dhabi in Presence of His Highness Sheikh Hamid bin Zayed | UAE News 24/7
chains, and accelerate the adoption of Fourth Industrial Revolution
technologies, and artificial intelligence.

“In the UAE, we don’t see AI as merely a tool or a new technology
— we recognize it as a fully-fledged economic sector. Globally, AI
revenues are expected to exceed USD 1.5 trillion by 2040. As
witnessed during US President Donald Trump’s visit to the UAE
last week, the first phase of the UAE-US AI data center was
launched in Abu Dhabi and it is set to become the largest AI
campus outside the United States.

“I take this opportunity to congratulate our leadership, His
Highness Sheikh Tahnoun bin Zayed Al Nahyan, Deputy Ruler of
Abu Dhabi, and to all those involved in such strategic projects that
strengthens the UAE’s position in AI and the new economy.

“To support this direction toward adopting advanced technology
and AI, the MoIAT launched the Technology Transformation
Program and the Industrial Technology Transformation Index,
which have supported over 500 factories with financing facilities
worth AED 4.6 billion. We also focus on enabling future industries
— including renewable energy technologies, Small Modular
Reactors (SMRs), space, semiconductors, smart chips, AI data
center components, energy storage batteries, autonomous
equipment, and advanced construction materials.

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“The UAE’s industrial sector has witnessed significant growth. In
2024, industrial exports reached AED197 billion — a 68% increase
compared to 2021. We commend our colleagues across all
ministries, particularly the Ministry of Economy, for expanding
strategic trade through Comprehensive Economic Partnership
Agreements (CEPAs), raising total foreign trade to over AED 5
trillion. Through the National In-Country Value (ICV) Program,
which supports the industrial sector by redirecting procurement to
local products and services — local spending has reached a
cumulative AED 347 billion, and over 22,000 job opportunities
have been created for Emiratis.

“In line with the leadership’s directives to strengthen bridges of
cooperation, we also launched the Industrial Partnership for
Sustainable Economic Development with Jordan, Bahrain, Egypt,
Morocco, Qatar, and Türkiye. This collaboration has advanced
regional supply chain integration through joint projects worth USD
5 billion in sectors of mutual importance.

“In implementation of the directives of His Highness Sheikh
Mansour bin Zayed Al Nahyan, Make it in the Emirates has been
enhanced to support national industrial growth further. This year’s
edition features several strategic initiatives, most notably,
increasing the value of offtake opportunities from AED143 billion to
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