Page 48 - ECI PR REPORT - DECEMBER 2024

Over the past few years, industrial financing has significantly expanded, with over AED 19
billion in competitive funding provided by the Emirates Development Bank and other
financial institutions.

In 2024, AED 9.5 billion in financing was allocated to the industrial sector, including AED
1.1 billion for advanced technology and AED 1.8 billion in credit solutions provided by
Etihad Credit Insurance.

The “Make it in the Emirates” Forum has achieved remarkable milestones across its three
editions. By the end of 2023, purchase agreements for locally manufactured products
over a 10-year period had reached AED143 billion, covering 2,000 locally produced items.
Additionally, manufacturing contracts worth AED62 billion were awarded, and over 300
products were produced and purchased in quantities valued at approximately AED7
billion.

https://www.wam.ae/article/14aiern-uae-industrial-sector-cornerstone-sustainable