The UAE demonstrates in Russia the aggressive benefits of the nation’s enterprise sector

The actions of the Worldwide Enterprise Exhibition (Innoprom 2024) have been not too long ago launched within the Russian metropolis of Yekaterinburg, through which the UAE is taking part as a visitor of honor for the primary time, to strengthen relations to strengthen bilateral Emirati-Russian, and to make clear funding, enterprise. and industrial alternatives.

The UAE introduced the aggressive benefits of the funding atmosphere within the UAE enterprise sector, and the success tales underneath the umbrella of the “Make within the UAE” marketing campaign, at a time when the newest knowledge from the Ministry of Business and Superior Expertise confirmed that . The enterprise sector within the UAE has seen important progress over the previous years, turning into the UAE’s second largest contributor to the nation’s non-oil GDP, after the retail sector, on the finish of the primary quarter of 2024, with a worth of 205 billion dirhams, with a progress of 55% in comparison with 2020.

The Minister of Business and Superior Expertise, Dr. Sultan bin Ahmed Al Jaber, led the UAE delegation, which included the Minister of State for Public Training and Superior Expertise, Sarah bint Youssef Al Amiri, and the Minister of State for Overseas Commerce, Dr. . Thani bin Ahmed Al Zeyoudi, in addition to representatives of the Emirati enterprise group and nationwide firms.

Whereas taking part within the four-day exhibition, the UAE introduced essentially the most outstanding objectives of the UAE enterprise technique, the function of the Ministry of Business and Superior Expertise in selling the expansion of enterprise enterprises in essential and precedence industries, and the expansion achieved underneath the umbrella of the “300 Billion Venture” in these industries, in addition to About essentially the most outstanding capabilities and aggressive benefits within the funding atmosphere within the Emirati enterprise sector, the success tales which was achieved underneath the umbrella of the “Enter the Emirates marketing campaign”, the particular incentives that help the expansion and sustainability of provide chains, and the availability of assured buying alternatives for greater than 2,000 merchandise of native manufacture within the Emirates, which reinforces the alternatives for… company progress and enterprise sustainability .

On the primary day of the exhibition, the “Emirati-Russian Enterprise Discussion board” was held, throughout which Dr. Sultan Al Jaber emphasised the joint efforts to strengthen enterprise cooperation and commerce change, specializing in provide chains, particularly in essentially the most troublesome industries, strengthening their competitiveness, and paving the way in which for fruitful industrial partnerships, which seem to advertise enterprise progress.

The Prime Minister of the Russian Federation, Mikhail Mishustin, opened the UAE pavilion on the second day of the exhibition, within the presence of the Minister of State for Overseas Commerce, Dr. Thani bin Ahmed Al-Zeyoudi, and classes have been held on technological partnership, affect the adoption of expertise has elevated enterprise effectivity in each international locations, and enticing aggressive benefits within the UAE, pushed by 100% international possession, the strategic geographic location, international logistics infrastructure, and the investments that obtainable in such areas. as clear and sustainable power, particularly inside the framework of the UAE’s place as a world enterprise heart and a key member of the worldwide enterprise group.

The Russian Prime Minister thanked the UAE and appreciated its participation in a prestigious pavilion, praising the function of UAE firms within the degree of enterprise competitiveness.

The UAE delegation on the exhibition contains authorities and repair organizations, and nationwide firms working in varied sectors, together with: heavy industries, prescription drugs, meals industries, gear and medical provides, transportation, and scientific analysis, as an instance the success tales introduced. carried out underneath the umbrella of the marketing campaign “Made within the Emirates” the capabilities and incentives that traders will obtain within the UAE enterprise sector, and doable partnership alternatives with Russian and worldwide firms which participates within the exhibition, with the presence of 700 exhibiting firms and 46,000 guests from greater than 50 international locations.

The UAE Pavilion was designed in a heritage model impressed by the Ghaf tree, because of the nationwide significance related to stability, stability and power, in addition to organizing a cultural program and Emirati heritage actions by way of Ministry of Tradition, to herald guests. to Emirati heritage tradition, traditions and crafts.