Breaking News
- Dubai realtor haus & haus eyes expansion; to hire 150 new staff
- Chery Wins the Sixth Straight Championship of Quality Olympics
- SAL Saudi Logistics Services and Menzies Aviation sign MoU to collaboratively deliver world-class passenger handling services for Low-cost carriers at Saudi airports
- Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project
- Green Steel Technology Company Boston Metal Announces $120M Series C Financing Led by ArcelorMittal
- SLB Announces Fourth-Quarter and Full-Year 2022 Results
- FarEye’s Eye on Last-mile Delivery Report Finds 84% of Retailers Lack Control of their Outsourced Delivery Networks
- TURN YOUR HOME INTO THE BEST DESTINATION FOR A STAYCATION WITH LG TVs
- UAE flights: Six new air routes launching for residents this year
- Year of Sustainability a springboard for global climate action: UICCA Executive
- Emirates Islamic net profit rises 51% to AED1.24bn in 2022
- Mideast Stocks: Abu Dhabi leads fall in Gulf markets, Saudi stocks rise
- Dubai's dnata, Emirates Leisure Retail start operations in Zanzibar airport
- AED33.1 billion in net profit reported by seven listed banks for 2022
- DLD issues 9,047 permits, 6,479 licences
- UAE’s Astra, MoneyGram sign deal for money transfers on Botim
- Dubai records over AED1.9 bn in realty transactions Thursday
- Emirates NBD 2022 profits up 40% by $3.54bln
- Wemade Presents New Battlefield ‘Snowfield Area’ in MIR4
- RevitaLash® Cosmetics Notches Another Big Win in Lawsuit Against Counterfeiters
- Carbios Strengthens Executive Committee in Pivotal Year for Industrial and Commercial Development
- WisdomTree Announces Say Platform for Fourth Quarter 2022 Earnings is Live
- Bartek Hosts Canadian Government Dignitaries at Facility Groundbreaking
- CEO Change at dSPACE: Dr. Carsten Hoff Succeeds Martin Goetzeler
- Mythical Games Announces Launch of New Marketplace and Acquisition of DMarket
- Techstars, MCIT, RAED Ventures and Saudi National Bank Announce the Continuation of The Riyadh Techstars Accelerator
- HIGH VIEW Launches Four New Channels on SES’s ASTRA 19.2 degrees East
- LG TO DEMONSTRATE ITS LATEST HEALTHCARE INNOVATIONS AT ARAB HEALTH 2023
- Galderma Announces the Launch of FACE by Galderma™ – a Game-Changing Augmented Reality Solution Helping Healthcare Professionals Grow Their Activity and Improve Patient Satisfaction
- Business Leaders Do Not Trust Each Others Climate Claims - Inmarsat Research
- Nestlé Purina Petcare Takes Category Management Strategy Into the Metaverse With Blue Yonder and 3DVR Solutions
- MSCI Partners with Google Cloud to Build a Secure Global Investment Data Platform in the Cloud
- Omar Sultan Al Olama chairs first meeting of 'UAE Digital Economy Council'
- Dubai Chamber of Commerce launches additional sector-specific business groups
- Moody's upgrades DP World's credit rating
- UAE banks’ investments totalled AED511 billion in November 2022, highest in 13 months
- Dubai Customs continues its activities in 6th Customs Week
- Sharjah Business Women Council contributes to success of 2,300 projects
- SEDD carries out 70 field visits to factories during 2022
- Dubai's Business Bay sees highest number of real estate transactions in 2022
- National Bank of Fujairah's net profit totals AED 340.4 million in 2022-
- UAE investors IHC, ADIA among bidders for Adani's $2.5bln share sale
- UAE Proliferation Financing Task Force convenes first meeting
- Dubai fund raises $212mln as global investors look to UAE’s build-to-rent market
- Sharjah Islamic Bank achieves record net profit of AED651 million
- Saudi reaffirms commitment to bridging global divides, driving energy transition, inclusive economic growth at WEF23
- Tecnotree Announces the Launch of Sensa, for Human Intelligent Experience and Non-Linear Scalability
- CYGNVS™ Launches First-Ever Guided Platform for Cyber Crisis Preparedness and Response Management
- Tanita Switches to Rimini Street Support for SAP, Enabling Critical Investments to Drive Innovation, Competitive Advantage and Growth
- AWS Launches Second Infrastructure Region in Australia
Abu Dhabi launches ‘Smart Manufacturing Index’ to facilitate transition to Industry 4.0
ABU DHABI, 20th November, 2022 (WAM) -- The Abu Dhabi Department of Economic Development (ADDED) has announced the launch of the ‘Abu Dhabi Smart Manufacturing Index’, that guides and facilitates private sector players’ transition to Industry 4.0 technologies, applications, and methods as part of its rolling out of the initiatives and objectives set forth by the Abu Dhabi Industrial Strategy.
Re-affirming the attributes of the Abu Dhabi Industrial Strategy, which was launched in June, the push by the Government of Abu Dhabi to expedite adoption of Industry 4.0 across all manufacturing and industrial players is meant to transform the state of the sector as it further aligns with international benchmarks and best practices. The launch of the ‘Abu Dhabi Smart Manufacturing Index’ provides a critical, comprehensive framework for assessing capabilities of industrial facilities, identifying gaps, and recommending practical steps for reaching the targeted Industry 4.0 maturity.
To drive innovation and enhance competitiveness in the industrial sector, the Index empowers manufacturers with the necessary knowledge and training to initiate an Industry 4.0 transformation journey and scale up with speed and quality. It breaks down sophisticated concepts into six building blocks to provide a clear and easy-to-follow roadmap, which starts by evaluating a production facility’s current state, followed by ways to raise readiness levels, proposed steps necessary for transforming their facilities, and identifying optimal production solutions to help reap gains of shifting to advanced manufacturing.
Mohamed Ali Al Shorafa, Chairman of ADDED, said, “The Abu Dhabi Industrial Strategy has ushered in a new era, not only for the manufacturing sector, but for the whole economic landscape in the region. To further enhance a smart, circular, and sustainable economy, we are forging ahead with taking the manufacturing sector to the next level by empowering industrial facilities to keep pace with the latest trends and solutions.”
Al Shorafa further explained, “Backed by strong fundamentals and a unique business ecosystem, Abu Dhabi continues to cement its status as a leading industrial hub in the region. We believe it is of paramount importance to equip manufacturers with vital, seamless, and effective mechanisms to transition to Industry 4.0 technologies and applications to drive future growth, and pre-empt for shifts in demand and supply. The 'Abu Dhabi Smart Manufacturing Index' addresses all aspects of the transition to methods of tomorrow’s manufacturing.”
Since the launch of Abu Dhabi Industrial Strategy, ADDED has been rolling out initiatives and partnering with leading global institutions to deliver the strategy’s ambitious objectives, including the targeted growth of the sector to AED 172 billion, creating 13,600 new jobs, and increasing the Emirate’s non-oil exports to AED178.8 billion by 2031.
ADDED recently launched the Land Incentives programme, which offers long term lease contracts for industrial land through rental rebate with rates as low as AED 5 per square meter to promote manufacturers’ growth and development by enhancing capital expenditures and cash-flow management.
ADDED also expanded the Energy Tariff Incentive Programme (ETIP 2.0) by offering preferential rates for gas and electricity to industrial sector based on eligibility criteria that include economic impact, Emiratisation rate, and energy management efficiency.
Furthermore, ADDED continues to collaborate with major global players to enhance the innovation and entrepreneurship ecosystem and build the technical capabilities of the industrial workforce to switch to Industry 4.0 technologies, including training and upskilling talents and specialists.
During the first six months of 2022, ADDED’s Industrial Development Bureau (IDB) has assessed readiness of 76 facilities to transition to Industry 4.0 technologies.
IDB is managing the ‘Abu Dhabi Smart Manufacturing Index’ and will be working closely with manufacturers and related entities to ensure successful execution during the next period.
wam
Top News


New Infiniti QX60 available across Al Masaood showrooms

Etihad appoints new Chief Revenue Officer

Dubai: Luxury properties continue to shine in 2023
