Al suwaidi, Poet

Hannover [Germany], April 20 (/WAM): A delegation from the UAE met with representatives from almost 30 German compes on Tuesday during a roundtable. The objective was to accelerate industrial collaboration and build on joint efforts in promoting sustainable industrial development, de-carbonisation and energy security.The roundtable co-hosted by the Ministry of Industry and Advanced Technology (MoIAT) during Hannover Messe, the world's largest industry trade fair, was attended by representatives from the Abu Dhabi Department of Economic Development (ADDED), ADNOC Group, Abu Dhabi Investment Office, KEZAD Group, and Dubai Industrial City.Titled 'Make it in the Emirates: The UAE as a Global Industrial Hub', the roundtable introduced German compes to the UAE's unique value proposition and vision for sustainable industrial growth. It also showcased the Make it in the Emirates initiative, which invites foreign industrialists, investors and innovators to benefit from the UAE's competitive advantages.Chaired by Omar Al Suwaidi, Under-Secretary of the Ministry of Industry and Advanced Technology, the roundtable highlighted how foreign compes can benefit from collaborating with UAE entities as well as from incentives and enablers introduced by the government, national champions such as ADNOC, and industrial zones.Addressing delegates, Al Suwaidi said, "The UAE and Germany are making steady progress in vital fields such as hydrogen fuel, which will be critical to industries of the future. The partnerships between our government institutions and national enterprises are leading to pioneering innovation in sectors such as green steel. By combining our strengths, talents and resources, the UAE and Germany can pave the way for greater energy security and more sustainable industrial development in our respective regions."He added, "Our two countries are aligned on creating solutions to industry's global challenges, and there is significant appetite for collaboration among our industrial communities. As a ministry, we are committed to supporting industrial compes in the UAE to work alongside international counterparts to achieve business growth and adopt best practices. In line with our national industrial strategy, we will continue to explore and facilitate collaborations between UAE-based compes and our international partners to attract investment and support the growth of green industries and renewable energy supplies."During Hannover Messe, Al Suwaidi co-chaired the second Energy Security and Industry Accelerator (ESIA) Steering Committee, which provided an update on the progress made across a number of projects since the ESIA agreement was signed in 2022.On Wednesday, members of the UAE delegation participated in a panel discussion where they highlighted the UAE's efforts in accelerating the transition towards greener and more sustainable industries.The panel, titled "Driving the Transition to a Sustainable and Diversified Economy: The Critical Role of Green Energy, Green Economy, and Innovation in the UAE", highlighted competitive advantages and enablers, including green financing, certified green energy supply, robust regulation infrastructure and access to markets through a growing number of free trade agreements.Hannover Messe was also an opportunity for MoIAT to highlight how the UAE's industrial decarbonisation efforts and 2050 Net Zero strategic initiative represents an array of investment opportunities. These opportunities revolve around the UAE's development of advanced technologies, green industries of the future and technologies to tackle climate change, such as carbon capture.Technological and sustainable industrial development are a key part of the UAE's COP28 agenda, which takes place in November 2023. Hannover Messe served as a platform for the UAE to demonstrate how it is accelerating industrial decarbonisation through a comprehensive, whole-of-a-value-chain approach. (/WAM)Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Al SuwaidiFOLLOW

Al suwaidi, Latest News

International :UAE celebrates World Drug Day

Abu Dhabi [UAE], June 26 (ANI/WAM): The UAE has joined nations worldwide in commemorating World Drug Day, an annual ... ...

International :'Make it in the Emirates' addresses industrial decarbonisation ahead of COP28

Dubai [UAE], May 31 (ANI/WAM): Industrial decarbonisation was a key theme on the first day of the Make it ... ...

International :Hamdan bin Rashid Al Maktoum Foundation launches 'Applied Research Global Award of Gifted Education' and 'School Global Award Initiative of Gifted Education'

Dubai [UAE], May 7 (/WAM): In line with its steadfast commitment to encourage research and initiatives aimed at supporting ... ...

International :Dubai Police launches 'Mariners' Meet' initiative to strengthen communication with maritime sector

Abu Dhabi [UAE], April 24 (/WAM): The Dubai Police, represented by the Ports Police Station, in collaboration with Dubai ... ...

International :UAE, Germany explore partnerships to build on industrial ties and climate efforts

Hannover [Germany], April 20 (/WAM): A delegation from the UAE met with representatives from almost 30 German compes on ... ...