Browsing: Industry 4.0

Emirates Development Bank (EDB) announced a cumulative financing milestone of AED 12.9 billion by the…

NMDC Energy, a subsidiary of NMDC Group, has been officially acknowledged and certified as an Industry 4.0 Digital Leader by the Ministry of Industry and Advanced Technology (MoIAT). This accolade recognises NMDC Energy as a frontrunner in the Fourth Industrial Revolution, utilising cutting-edge technologies to boost operational efficiency, foster sustainable growth, and enhance competitiveness within the UAE’s industrial sector.

The UAE is drawing in more foreign direct investment (FDI), propelled by various factors, including a network of Comprehensive Economic Partnership Agreements (CEPAs) with global partners, as stated by Massimo Falcioni, Chief Competitiveness Officer (CCO) at Abu Dhabi Investment Office (ADIO).