UAE launches Dh1 billion fund to strengthen key industries and supply chains

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Back To Main Page: Economy and Business, UAE News

The United Arab Emirates has launched a Dh1 billion national fund to support vital industries, enhance supply chain resilience and accelerate the adoption of advanced technologies across the industrial sector.

The initiative was approved by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, as part of a broader package aimed at boosting national industrial development.

According to Sheikh Mohammed, the fund will focus on localising critical industries, particularly those linked to national priorities such as food security and essential manufacturing. It will also support the expansion of production capacity, the development of strategic reserves and the strengthening of value chains. Artificial intelligence is expected to play a key role in improving efficiency, risk management and operational planning.

Alongside the fund, a new policy was approved to increase the presence of UAE-made products across retail outlets and e-commerce platforms. The first phase will focus on essential goods such as bottled water, dairy products, eggs, poultry, bread, flour and vegetable oils, with coordinated implementation across government entities, retailers and private sector partners.

The Cabinet also approved the expansion of the National In-Country Value Programme, making it mandatory for all federal entities and national companies to further boost local procurement and industrial growth

Preparations are under way for the fifth edition of the Make it in the Emirates 2026, set to take place in Abu Dhabi. The event is expected to attract more than 120,000 participants and over 1,000 exhibitors, with new initiatives planned to support innovation, startups and the global competitiveness of UAE-made products.

In addition, the Cabinet approved the creation of a National Industrial Data Committee to improve access to industrial data and support informed decision-making. Officials say the measures reflect the UAE’s continued efforts to strengthen its position as a global industrial and economic hub.