Dubai’s manufacturing sector is the fourth-largest of the emirate’s economy accounting for about 14 per cent of GDP.
Its development is integral to the development of non-oil industries and the economic diversification plans of the emirate which has positioned itself as a hub for multinationals and services.
The vision for industrial development no longer just revolves around processed foods and beverages or electrical machinery, equipment and chemicals. According to Emirates NBD, which produces the Dubai Economy Tracker survey, Dubai's economy has grown at a faster rate in the first half of 2017 compared with the same period last year.
News that the emirate is engaged is in talks with drug-makers from India, China and South Korea in addition to European and American pharmaceutical companies about setting up manufacturing facilities in Dubai as part of the its Industrial Strategy 2030 will further advance industry, enhance the workforce and boost the competitiveness of the economy.
The insatiable appetite to do more, aim higher and constantly canvass the landscape for opportunity to excel is rooted in the wider vision of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
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Read more:
UAE's non-oil economy forges ahead
UAE GDP to expand by 2.9 per cent in 2018 as oil production returns to growth
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According to government estimates, the sector is projected to increase Dubai's total GDP by Dh165 billion by 2030 through the development of six industrial segments: aerospace; maritime; pharmaceuticals and medical equipment; aluminium and fabricated metals; food and beverages; and machinery and equipment.
The industrial strategy has gone into the implementation phase this year and has identified ambitious targets, which include growing investment in research and development by Dh700 million by 2030, as well as creating 27,000 new high-value jobs and growing the size of the industrial sector by Dh18bn – some Dh16bn of which will come through exports. Overall, the pharmaceutical market in the wider Middle East and North Africa (Mena) region is forecast to grow to $33.4bn this year from $32.2bn last year, according to BMI Research.
Promoting pharma and seeking to attract big players from the pharmaceutical companies by providing incentives with the right operating platform and regulatory environment will impact value chains, position Dubai to be more of a manufacturer than an importer, help with knowledge sharing and the promotion of research and development. It also means more competitively priced drugs.
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
If you go...
Etihad Airways flies from Abu Dhabi to Kuala Lumpur, from about Dh3,600. Air Asia currently flies from Kuala Lumpur to Terengganu, with Berjaya Hotels & Resorts planning to launch direct chartered flights to Redang Island in the near future. Rooms at The Taaras Beach and Spa Resort start from 680RM (Dh597).
UAE currency: the story behind the money in your pockets
HIV on the rise in the region
A 2019 United Nations special analysis on Aids reveals 37 per cent of new HIV infections in the Mena region are from people injecting drugs.
New HIV infections have also risen by 29 per cent in western Europe and Asia, and by 7 per cent in Latin America, but declined elsewhere.
Egypt has shown the highest increase in recorded cases of HIV since 2010, up by 196 per cent.
Access to HIV testing, treatment and care in the region is well below the global average.
Few statistics have been published on the number of cases in the UAE, although a UNAIDS report said 1.5 per cent of the prison population has the virus.
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Mohammed bin Zayed Majlis
LA LIGA FIXTURES
Friday Celta Vigo v Villarreal (midnight kick-off UAE)
Saturday Sevilla v Real Sociedad (4pm), Atletico Madrid v Athletic Bilbao (7.15pm), Granada v Barcelona (9.30pm), Osasuna v Real Madrid (midnight)
Sunday Levante v Eibar (4pm), Cadiz v Alaves (7.15pm), Elche v Getafe (9.30pm), Real Valladolid v Valencia (midnight)
Monday Huesca v Real Betis (midnight)
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VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
Saudi Cup race day
Schedule in UAE time
5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)
The specs: 2019 Haval H6
Price, base: Dh69,900
Engine: 2.0-litre turbocharged four-cylinder
Transmission: Seven-speed automatic
Power: 197hp @ 5,500rpm
Torque: 315Nm @ 2,000rpm
Fuel economy, combined: 7.0L / 100km
MATCH INFO
Rugby World Cup (all times UAE)
Third-place play-off: New Zealand v Wales, Friday, 1pm
The specs: 2018 Audi RS5
Price, base: Dh359,200
Engine: 2.9L twin-turbo V6
Transmission: Eight-speed automatic
Power: 450hp at 5,700rpm
Torque: 600Nm at 1,900rpm
Fuel economy, combined: 8.7L / 100km
A list of the animal rescue organisations in the UAE
Company%20Profile
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Company%20Profile
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