Big plan of UAE government, now goods from here will be sold all over the world, new system brought for trade
‘Make it in the Emirates 2026’ event has been organized in Abu Dhabi. In this program, the government made it clear that it has made full preparations to take its local products, services and industrial goods to the big and new markets of the world. For this, UAE is making trade agreements with different countries so that the companies here can get recognition at the global level.
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Big figures related to UAE trade and investment
The government has shared many figures of success achieved in the field of business. Non-oil trade has seen huge growth and more emphasis has been given to local investment.
What are the government’s goals for the future?
The UAE has set several long-term goals to strengthen its economy. The aim of the government is to promote other industries instead of relying only on oil.
- Operation 300bn: The target is to increase the GDP contribution of the industrial sector to AED 300 billion by 2031.
- We the UAE 2031: Under this, there is a plan to take the value of non-oil foreign trade to 4 trillion AED and exports to 800 billion AED.
- AI based ministry: The Ministry of Foreign Trade is preparing to create the world’s first AI-powered trade ministry in collaboration with G42.
- Infrastructure: The government will announce major domestic investment projects for infrastructure and public-private partnerships.
Important decisions taken to promote industries
Many senior officials expressed their views during the event. Suhail Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the UAE has taken the sovereign decision to withdraw from OPEC and OPEC+. This will give the country freedom to produce as per the needs of its industry.
At the same time, Badr Jafar said that domestic investment is more reliable than foreign investment (FDI) and it is necessary for economic strength. Additionally, EDGE Group and ICAPE Group have also signed a Memorandum of Understanding (MoU) for local production of electronic systems.
Frequently Asked Questions (FAQs)
What is the main objective of the Make it in the Emirates 2026 event?
The event aims to take UAE national industries to the global stage, promote foreign trade agreements (CEPA) and strengthen local manufacturing.
What will be UAE’s non-oil trade in 2025?
UAE’s non-oil foreign trade is expected to grow by 27 percent in 2025 and its total value will exceed $1 trillion.
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