Representatives of leading organisations and government leaders are set to convene in Abu Dhabi to discuss multi-billion dollar investment opportunities and partnerships.
The 'Make it in the Emirates Forum' which runs from May 31 to June 1 aims to attract investors to UAE industries and draw manufacturers to set up in the country.
With its second edition taking place in the run-up to COP28, there will be a particular focus on sustainable industrial development, carbon reduction, and increasing the industrial sector’s contribution to climate action.
This year’s forum will also feature the first-ever 'Make it in the Emirates Awards', which will recognize pioneering companies and individuals for their contributions to the UAE’s industrial sector.
Organised by the Ministry of Industry and Advanced Technology (MoIAT), in partnership with the Abu Dhabi Department of Economic Development and ADNOC, the forum will take place at the Abu Dhabi Energy Centre.
Last year's inaugural event generated procurement opportunities worth AED 110 billion, comprising 300 products across 11 sectors.
UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).
China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.
Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.
US stock index futures tumbled on Thursday after President Donald Trump's sweeping tariffs on major trade partners heightened fears of an all-out trade war that could push the global economy into a recession.