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Tasks of the 50: UAE consents to arrangements to dispatch fourth modern transformation program

Published

5 years ago

October 19, 2021

Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Sarah Bint Yousef Al Amiri, Minister of State for Advanced Technology and Omar Suwaina Al Suwaidi, Under-Secretary of Ministry of Industry and Advanced Technology with representatives of 12 industrial entities at the launch of Fourth Industrial Revolution Programme, known as “UAE Industry 4.0”. Image Credit: WAM

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Program means to increment modern efficiency by 30% and add Dh25b to GDP

UAE’s Ministry of Industry and Advanced Technology (MoIAT) marked Memorandum of Understanding (MoUs) with 12 modern elements and the Departments of Economic Development of Abu Dhabi, Dubai and Ajman to launch the recently reported Fourth Industrial Revolution Program, known as “UAE Industry 4.0”.

Dispatched as a feature of Projects of the 50 recently, “UAE Industry 4.0” will speed up the combination of 4IR arrangements and applications across the UAE’s modern area, upgrading UAE’s generally speaking modern intensity, driving down costs, expanding usefulness and effectiveness, upgrading quality, further developing wellbeing and making new positions.

The program intends to increment modern usefulness by 30% and add Dh25 billion to the public GDP.

“In accordance with our administration’s vision, the Ministry of Industry and Advanced Technology centers around expanding the modern area’s commitment to the public GDP, empowering financial expansion and changing to an information based economy, said Sultan Al Jaber, UAE Minister for Industry and Advanced Technology and ADNOC CEO.

Champions 4.0 Network

The drive incorporates the foundation of the ‘Champions 4.0 Network’ , in which driving neighborhood and global organizations will join to share best practice in the arrangement of 4IR advances across the UAE’s modern area. Taking part elements incorporate the Abu Dhabi National Oil Company (ADNOC), EDGE, Honeywell, Unilever, Ericsson, Schneider Electric, Emirates Global Aluminum, Microsoft, CISCO, SAP, AVEVA and Siemens.

The betwork will then, at that point, support the making of 100 “beacons”, or WEF-classified I4.0 associations, by 2031, while likewise developing the ideal business climate to build up or draw in 500 tech organizations by that very year. These anchor organizations will assist with driving usefulness, development and proficiency in their individual areas. One more key mainstay of the organization, is a program that will distinguish, survey and afterward help 200 organizations ready for Industry 4.0 change.

“UAE flaunts a dynamic modern area, one that has made a huge commitment to our quick financial turn of events. What’s more, with the cooperation between our public, private and scholarly areas, we have cultivated an empowering modern environment” said Al Jaber.

“UAE Industry 4.0 will expand on these skills to speed up the course of financial expansion currently in progress,” he added.

Zero in on tech-concentrated areas

The first-of-its-sort program in the Middle East will zero in on two equal tracks: fabricating an establishment for innovation inside existing enterprises in the UAE and cultivating the advancement of new, innovation escalated businesses.

Sarah Al Amiri, UAE Minister of State for Advanced Technology, said: “UAE Industry 4.0 is the foundation, and the initial step, on which we try to propel the public modern area and empower complete and reasonable financial development.”

“From the beginning, UAE Industry 4.0 was intended to expand on our current qualities including the UAE’s I4.0 guidelines and light-footed strategy improvement system, different anchor ventures and a-list ICT foundation, while utilizing organizations from across areas and businesses to catch the guarantee of the Fourth Industrial Revolution, ” said Al Amiri.

“Accordingly, the comprehensive and accomplice based program is intended to make drives that bring issues to light, energize information sharing and data, help ability and range of abilities improvement and, critically, offer impetuses and admittance to financing through significant elements, for example, the AED5bn as of late designated by the Emirates Development Bank for cutting edge innovation,” she added.

Al Amiri added, “The arrangements marked today with our financial improvement accomplices in Abu Dhabi, Dubai and Ajman, will uphold the advancement of 4IR arrangements across the UAE’s modern area.”

She proceeded to say, “Close by our accomplices from the DEDs, through making the Champions 4.0 Network we mean to help arising, little and medium-sized organizations in embracing cutting edge innovation. Through a progression of exercises and studios our heroes will grandstand effective uses and best acts of 4IR and assume a significant part in driving the innovative change of the public modern area.”

“Eventually,” Al Amiri closed, “by onboarding our monetary advancement accomplices and bosses of industry today, we are laying the preparation to work with an empowering modern environment which can help the 4IR abilities that will be basic to the maintainable financial improvement of our country.”

UAE Industry 4.0 has been intended to add to UAE’s authority’s vision illustrated in the Principles of the 50 – building the best and most unique economy on the planet, zeroing in on human resources, and solidifying the situation of the country as a worldwide center for computerized, specialized, and logical greatness over the course of the following 50 years and then some.

News

Dh400 fine for jaywalking in Dubai: What residents must know

Published

3 hours ago

April 30, 2026

Michael Gomes

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Pedestrians in Dubai are being urged to follow road safety rules, as Dubai Police warns that crossing from non-designated areas remains a leading cause of run-over accidents.

Officials say that despite the availability of pedestrian bridges and safe crossings across major roads, some individuals continue to take risks, especially on high-speed routes where drivers may not be able to stop in time.

The warning follows a recent incident where a pedestrian was injured after attempting to cross from an unsafe location in the city. The individual sustained minor injuries.

According to Brigadier Jumaa Salem Bin Suwaidan, pedestrians who ignore crossing rules not only risk their own safety but also endanger drivers and other road users.

Under UAE traffic laws, crossing outside designated areas or ignoring signals can result in a Dh400 fine, reinforcing the importance of using marked crossings and following traffic lights.

Residents have been urged to use designated crossings and stay alert, particularly on busy roads. With increasing traffic and high vehicle speeds in many areas, even a short shortcut can carry serious risks.

Announcements

New Dubai rule makes investor visas easier for property buyers

Published

4 hours ago

April 30, 2026

Michael Gomes

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Dubai has made it easier for property buyers to secure residency, after the Dubai Land Department (DLD) introduced new rules removing the minimum property value requirement for a two-year real estate investor visa.

Previously, investors needed to own property worth at least Dh750,000 to qualify. Under the updated system, buyers can now apply for the visa regardless of property value, as long as they are the sole owner.

For many UAE expats and first-time buyers, the move significantly lowers the barrier to entry, making it possible to invest in more affordable properties while still securing residency benefits.

Officials say the change is part of Dubai’s wider push to expand its investor base, boost property demand, and strengthen its position as a global real estate hub.

There are still some conditions for jointly owned properties. According to DLD’s Cube Centre, if two investors share ownership equally, each person’s stake must be at least Dh400,000 to qualify for the visa.

What it means for expats

For expats looking to put down roots in Dubai, the update creates more flexibility and accessibility, especially for those entering the market at lower price points. It also opens the door for a wider range of investors to benefit from property-linked residency.

The move is expected to increase market activity, encourage long-term investment, and support sustainable growth across Dubai’s real estate sector.

Business

Tourists in UAE can now get instant bank accounts: Here’s how

Published

4 hours ago

April 30, 2026

Michael Gomes

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Tourists visiting the UAE can now open a bank account within minutes, thanks to a new digital initiative led by the Central Bank of the UAE in partnership with the Federal Authority for Identity, Citizenship, Customs and Port Security and Abu Dhabi Commercial Bank.

The service, called ‘Tourist Identity’, allows visitors to set up a fully digital bank account upon arrival, using a secure identity issued at entry and powered by biometric and facial recognition technology.

By linking the system to ADCB’s mobile app, travellers can open an account instantly, receive a digital debit card, and start making payments without paperwork or traditional documents.

For many visitors, especially business travellers, long-stay tourists, and frequent visitors, the move removes a key hurdle: access to local banking. Instead of relying on cash, users can pay digitally, manage expenses easily, and connect directly to the UAE’s financial system from day one.

Officials say the system is designed to deliver a secure and seamless experience, using advanced biometrics and AI to enable access to services without the need for physical documents.

What it means for visitors

For tourists, the new service means faster, safer, and more convenient access to money, making everyday transactions, from shopping to transport, simpler during their stay in the UAE.

The rollout also strengthens the country’s position as a tech-driven global destination, where travel and financial services are increasingly integrated into a seamless digital experience.