The UAE plans to boost the economic contribution of the industrial sector. Rich-Joseph Facun / The National
The UAE plans to boost the economic contribution of the industrial sector. Rich-Joseph Facun / The National
The UAE plans to boost the economic contribution of the industrial sector. Rich-Joseph Facun / The National
The UAE plans to boost the economic contribution of the industrial sector. Rich-Joseph Facun / The National

How industrial service providers can support the UAE's manufacturing agenda


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The UAE's industrial strategy, Operation 300bn, is a testament to the nation's commitment to creating a sustainable future for generations to come.

With the aim of doubling the industrial sector's gross domestic product contribution from Dh133 billion ($36 billion) to an impressive Dh300 billion by 2031, this objective is set to stimulate growth and development across key industrial sectors of the UAE.

Diverse industries such as aviation, renewable energy, health care and waste management have been at the forefront of the nation's transformation.

From pioneering space missions to ground-breaking hydrogen production, the nation has firmly established itself as a centre of industrial excellence.

But as the UAE’s growth accelerates, manufacturers, infrastructure developers and operators face a critical juncture that demands the attention of industrial decision makers and more involvement from industrial service companies.

For our industrial sector's continued growth and development, businesses must concentrate on sustaining operations and minimising downtime.

This can be achieved through reliable industrial service providers whose technical expertise allows them to handle engineering and operational maintenance complexities.

By doing so, industrial companies can better position themselves to compete globally, adopt innovation and capitalise on the UAE’s favourable regulatory environment and state-of-the-art infrastructure that is integrated with global supply chains.

Furthermore, the strategic location of the UAE adds another layer of advantage. Situated at the crossroads of Asia, Africa and Europe, the UAE serves as a gateway for trade and commerce.

With 85 per cent of the world's population living within an eight-hour flying time from the Middle East, the UAE becomes an even more attractive destination for businesses seeking easy access to vast markets and international connections.

Additionally, it is projected that the Middle East will contribute to 70 per cent of the world's economic growth over the next two decades. This makes the UAE an ideal location for industrial companies looking to tap into the region's tremendous potential and secure their position in the global economy.

We recognise the importance for industry leaders to allocate resources efficiently to achieve optimal results. Outsourcing specialist maintenance capabilities eliminates the need for time and in-house development that is capital intensive.

By taking advantage of the technical skills, knowledge and expertise of industrial service champions, businesses can drive operational performance to higher standards and avoid disruptions. This allows companies to focus on their core competencies while benefiting from specialised capabilities offered by service providers.

Therefore, business continuity is imperative for boosting productivity in the industrial sector. This strengthens the In-Country Value strategy and supports the UAE’s efforts to increase its knowledge-based exports and contribute to global supply chains.

The more “Made in the Emirates” seals are displayed with pride on products and services worldwide, the more it creates an economic multiplier at home. One effect is building local capacity because a sizeable manufacturing base will rely on highly skilled engineers to maintain essential industrial products, equipment and infrastructure, spurring Abu Dhabi’s economic diversification and long-term growth.

By collaborating with manufacturers, original equipment manufacturers (OEMs), academia, small and medium enterprises and start-ups, industrial services champions help to cultivate the use of innovative technology through the dedication of a highly qualified technical workforce.

These partnerships also enhance the global competitiveness of organisations and support the creation of an enabling ecosystem that advances breakthrough ideas within the industrial sector.

Aircraft Engine MRO operation at Sanad Group, which is owned by Mubadala Investment Company. Photo: Mubadala Aerospace
Aircraft Engine MRO operation at Sanad Group, which is owned by Mubadala Investment Company. Photo: Mubadala Aerospace

We have applied this approach when forging strategic partnerships with renowned global OEMs such as GE Aerospace, Pratt & Whitney, Rolls-Royce and Thales, contributing to Sanad securing more than Dh27 billion of long-term commitments for the next 10 years and beyond.

Sanad makes use of its global partners’ competencies to support knowledge transfers to Abu Dhabi, further strengthening the local talent base.

In parallel, OEMs and industrial companies gain significant advantages by capitalising on the specialist expertise and tailored solutions offered by industrial services providers that manage the key elements of the maintenance, repair and operations value chain.

By doing so, industrial service champions enable companies to free themselves from operational upkeep, streamline operations and focus on their core business. This propels organisations to the forefront of global industry and further solidifies the UAE’s position as a world-leading industrial centre.

Mansoor Janahi is the managing director and group chief executive of Sanad

UAE currency: the story behind the money in your pockets
FIXTURES

UAE’s remaining fixtures in World Cup qualification R2
Oct 8: Malaysia (h)
Oct 13: Indonesia (a)
Nov 12: Thailand (h)
Nov 17: Vietnam (h)
 

Six large-scale objects on show
  • Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
  • The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
  • A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
  • Frank Lloyd Wright’s 1930s Kaufmann Office
  • A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
  • Torrijos Palace dome
RACE CARD

5pm: Maiden (PA) Dh80,000 1,400m
5.30pm: Maiden (PA) Dh80,000 1,200m
6pm: Arabian Triple Crown Round-1 (PA) Listed Dh230,000 1,600m
6.30pm: HH The President’s Cup (PA) Group 1 Dh2.5million 2,200m
7pm: HH The President’s Cup (TB) Listed Dh380,000 1,400m
7.30pm: Wathba Stallions Cup (PA) Handicap Dh70,000 1,200m.

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Spec%20sheet
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What is the FNC?

The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning. 
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval. 
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
 

The candidates

Dr Ayham Ammora, scientist and business executive

Ali Azeem, business leader

Tony Booth, professor of education

Lord Browne, former BP chief executive

Dr Mohamed El-Erian, economist

Professor Wyn Evans, astrophysicist

Dr Mark Mann, scientist

Gina MIller, anti-Brexit campaigner

Lord Smith, former Cabinet minister

Sandi Toksvig, broadcaster

 

Company%20profile
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Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

THE%C2%A0SPECS
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Sanchez's club career

2005-2006: Cobreloa

2006-2011 Udinese

2006-2007 Colo-Colo (on loan)

2007-2008 River Plate (on loan)

2011-2014 Barcelona

2014–Present Arsenal

Greatest Royal Rumble match listing

50-man Royal Rumble - names entered so far include Braun Strowman, Daniel Bryan, Kurt Angle, Big Show, Kane, Chris Jericho, The New Day and Elias

Universal Championship Brock Lesnar (champion) v Roman Reigns in a steel cage match

WWE World Heavyweight ChampionshipAJ Styles (champion) v Shinsuke Nakamura

Intercontinental Championship Seth Rollins (champion) v The Miz v Finn Balor v Samoa Joe

United States Championship Jeff Hardy (champion) v Jinder Mahal

SmackDown Tag Team Championship The Bludgeon Brothers (champions) v The Usos

Raw Tag Team Championship (currently vacant) Cesaro and Sheamus v Matt Hardy and Bray Wyatt

Casket match The Undertaker v Rusev

Singles match John Cena v Triple H

Cruiserweight Championship Cedric Alexander v Kalisto

The lowdown

Rating: 4/5

RESULTS
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The bio

Favourite vegetable: Broccoli

Favourite food: Seafood

Favourite thing to cook: Duck l'orange

Favourite book: Give and Take by Adam Grant, one of his professors at University of Pennsylvania

Favourite place to travel: Home in Kuwait.

Favourite place in the UAE: Al Qudra lakes

APPLE IPAD MINI (A17 PRO)

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The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Updated: June 16, 2023, 6:38 AM