Page 124 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024

6/4/24, 4:43 PM Huge incentives make UAE ‘magnet for foreign investment’
Huge incentives make UAE ‘magnet for
foreign investment’

ABU DHABI, 6 days ago
UAE’s industrial sector is fast becoming a top
global destination for international investors due to
several key policies and incentives introduced in
recent years, a panel session at the Make it in the
Emirates (MIITE) Forum heard.

The panel heard how the government is creating
conducive pathways for growth and investments
under Operation 300bn, the strategy aiming to
propel the industrial sector's contribution to GDP
to AED300 billion ($81.7 billion) by 2031.
Participants described incentives such as the
National ICV Programme, which provides a
competitive edge to companies in the government The panel session at MIITE
procurement process.

‘Crafting economic success: Smart incentives for sustainable manufacturing growth and securing global leadership in
key sectors’ was joined by Ahmed Mohamed Al Naqbi, CEO of Emirates Development Bank; Alia Abdulla Al
Mazrouei, CEO of Khalifa Fund; Saud Abu Al-Shawareb, Executive VP of DIC; Ramy Jallad, CEO of RAKEZ Group;
Raja Al Mazrouei, CEO of Etihad Credit Insurance; and Mashal Al Kindi, CEO of TA’ZIZ.--TradeArabia News
Service

https://www.tradearabia.com/news/IND_422595.html 1/1