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

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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

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.

India

Dubai-bound plane makes emergency landing after smoke alert

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A Biman Bangladesh Airlines flight from Dhaka to Dubai made an emergency landing at Nagpur’s Dr Babasaheb Ambedkar International Airport in India after the pilot received a smoke alert from the aircraft’s hold. Officials later confirmed that no fire was found.

Flight BG 347, carrying 396 passengers and 12 crew members, was diverted to Nagpur on Thursday night as a precaution. The pilot, alerted by a fire alarm, immediately informed the Airport Operations Control Centre (AOCC) and the System Operations Command Centre (SOCC). A full emergency was declared, and the flight landed safely at 10.45 pm.

The aircraft was moved to an isolation bay, where all passengers and crew were safely evacuated. Fire safety teams from the Maharashtra Airport Development Company (MADC) and Nagpur Municipal Corporation (NMC) were deployed as per protocol. A thorough inspection of the aircraft and its cargo hold was conducted, but no signs of fire or smoke were detected.

“We deployed a team of firefighters as soon as we received the alert. Following safety protocols, necessary precautions were taken, but no fire was reported,” said Bhimrao Chandankhede, Chief Fire Officer.

To minimise disruption, Biman Bangladesh Airlines arranged an alternative flight for the passengers, ensuring they could continue their journey to Dubai later that evening.

Authorities are investigating the cause of the smoke alert as part of standard safety procedures.

(Inputs from The Indian Express)

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Business

UAE’s high-tech Dh500 note wins ‘Best Banknote’ award for 2025

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The UAE has once again set a new standard in currency innovation. The Central Bank of the UAE (CBUAE) has won the Best New Banknote Issue for 2025 for its Dh500 note, securing the top spot in the Europe, Middle East, and Africa region.

The award was announced during the High Security Printing EMEA conference in Basel, Switzerland, held in early February 2025.

A Design Rooted in Sustainability and Innovation

This newly recognised Dh500 Dirham is more than just currency—it’s a reflection of the UAE’s commitment to sustainability and cutting-edge technology in banking. Crafted from polymer, the note is not only more durable and longer-lasting than traditional paper notes but also fully recyclable, reducing environmental impact.

On the front side, the note showcases the Terra Sustainability Pavilion in Expo City Dubai, a symbol of the UAE’s vision for a greener future. The reverse side features the Museum of the Future, along with iconic landmarks like Emirates Towers and Burj Khalifa, emphasising the UAE’s balance between heritage and progress.

Security Features & Inclusivity

With state-of-the-art security features, including 3D designs and the region’s largest surface-applied foil stripe, the banknote is among the most secure in the world. It also incorporates Braille symbols to ensure accessibility for visually impaired individuals.

Banknotes accessible to all

Speaking about the win, Saif Humaid Al Dhaheri, Assistant Governor of Banking Operations & Support Services at CBUAE, said: “Winning this award is a testament to our dedication to sustainability and innovation. We are proud to lead the region in introducing banknotes with advanced security features and materials that minimise environmental impact. Additionally, our commitment to inclusivity ensures that our banknotes are accessible to everyone, with Braille symbols aiding visually impaired users.”

With this award, the UAE continues to strengthen its position as a global leader in financial innovation and sustainability — one banknote at a time.

(Inputs from WAM)

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Grocery prices under watch: UAE’s smart system tracks prices of everyday essentials

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Ever wondered if you’re paying a fair price for groceries? The UAE government has just made it easier to keep an eye on the cost of everyday essentials with the launch of its National Digital Platform — a real-time price tracker for key consumer goods across the country.

Fair price on eggs, dairy, rice and other items

This new platform will monitor the prices of must-have grocery items like oil, eggs, dairy, rice, sugar, poultry, legumes, bread, and wheat across various retailers.

The system has been designed to ensure transparency, help officials track price changes, and prevent unfair pricing by comparing costs against official price ceilings.

Why it matters

Speaking about the initiative, Abdullah bin Touq Al Marri, UAE Minister of Economy, emphasized that this move is part of the country’s broader commitment to consumer protection, a stable market, and a thriving economy.

It also aligns with the ‘We the UAE 2031’ vision, which focuses on strengthening the nation’s economic resilience and competitiveness.

With real-time monitoring and stricter price control, this platform is set to make shopping fairer and more transparent for everyone—ensuring that prices stay reasonable and consumers get the best value for their money.

Stay tuned for more updates on how this platform will work and how shoppers will benefit from the system.

(Inputs from WAM)

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