The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in
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UAE is an ideal platform for smart manufacturing and innovation

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UAE

According to speakers at the Tuesday Abu Dhabi International Petroleum and Energy Conference (ADIPEC), smart manufacturing and Fourth Industrial Revolution applications will become pillars of communities and economies as the world's population grows.

Sarah Al Amiri, Minister of State for Public Education and Advanced Technology, gave the opening remarks at the Smart Manufacturing Strategic Conference, which was held concurrently with the international energy event. She emphasised the significance of investing in advanced technologies to ensure that businesses and economies achieve net-zero goals.

"The shift to a paradigm where smart manufacturing is the norm will yield significant benefits," the official stated. "These benefits include increased productivity, supply chain resilience, new business models and opportunities, high skilled jobs, and ultimately will contribute to our net-zero strategy."

"We at the Ministry of Industry and Advanced Technology have used those ideas to guide our operation $300 Bn," Al Amiri continued. Our platform, called Make it in the Emirates, enables us to build local production within a global framework while also fostering networks and offtakes. The in-country value initiative, which increased the impact on the economy, supports this.

"Technology is our other pillar, the driver and enabler for manufacturing," she declared in her conclusion. "It can streamline production, cut energy and material consumption, boost resilience and reinforce supply networks, and offer higher quality production."

The Under-Secretary of MoIAT, Omar Al Suwaidi, took part in the Smart Manufacturing Strategic Conference as well. He said, "Smart manufacturing lies at the heart of sustainable industrial development, at a panel titled "The Future of Manufacturing in a Transitioning Energy System. The UAE serves as a perfect platform and testbed for developing innovative solutions and upending established production patterns because it is a hub for sophisticated manufacturing and innovation on a global scale.

"The UAE is luring some of the top industrial and technology companies in the world to work within its industrial ecosystem through the Make it in the Emirates campaign. To help us with our industrial transformation and to sculpt the future of smart manufacturing and plough the path toward a more sustainable future, MoIAT is inviting industrialists, inventors, and investors from all around the world.

As part of the national industrial plan, Operation 300bn, the Ministry of Industry and Advanced Technology (MoIAT) prioritises the implementation of advanced technology and smart manufacturing. One of the cornerstones of the UAE's industrial policy is the Industry 4.0 programme, which encourages the adoption of Fourth Industrial Revolution solutions across industry.

Another crucial component of the UAE's initiatives to foster digital transformations is the recently unveiled Technology Transformation Programme. The initiative will develop 1,000 technical projects by 2031 and enable AED15 billion in exports, providing a substantial opportunity for technology firms and start-ups establishing in the UAE. The program's goal is to support industrial innovation over the next 50 years.

The Smart Manufacturing Strategic Conference gives the manufacturing sector a forum to promote conversations about industrial growth and to pinpoint the difficulties and opportunities facing the sector as it works toward a net-zero carbon economy. In order to discuss how quickly developing technologies such as artificial intelligence (AI), the industrial internet of things (IIoT), and advanced robotics will unlock greater value, boost productivity, and transform value chains, the conference brings together manufacturers from across the energy industry.

The conference included six panel discussions, one of which was titled The Future of Manufacturing in a Transitioning Energy System and included Omar Al Suwaidi, Ismail Abdulla, CEO of Strata, Osama Amir Fadhel, Assistant Under-Secretary, MoIAT, and Rashed Al Blooshi, Under-Secretary, Department of Economic Development, Abu Dhabi.

Abdulla Al Shamsi, Assistant Under-Secretary, MoIAT, Khaleefa Yousef Al Mheiri, Acting CEO, TA'ZIZ, and Mohammad Al Afari, Senior Vice President - Marketing, Emirates Steel Arkan took part in a panel in the UAE titled Raising In-Country Value Through Industrial Growth and Supply Chain Localization.

Osama Amir Fadhel, Assistant Under-Secretary, MoIAT, Ahmed Mohamed Al Naqbi, CEO, Emirates Development Bank, Ibtisam AlSaadi, Director, Department of Economic Development-Abu Dhabi, Massimo Falcioni, CEO, Etihad Credit Insurance, Fatima Al Hammadi, Chief Commercial Officer, KEZAD Group, and Saud Abu Alshawareb, Executive Vice President, Dubai Industrial Ci

Tariq Al Hashimi, Director of Technology Adoption, MoIAT, Chafic Traboulsi, Vice President and Head of Networks Operations - Middle East and Africa, Omar Al Marzooqi, CEO, AIQ, Helmut Von Struve, CEO, Siemens Middle East, and Sebastien Grau, Regional Vice President - Middle East, Turkey & Africa, Rockwell Automation were all present on a panel titled "Leveraging Advanced Technology in Manufacturing."

Salama Al Awadhi, Director of National Value Added, MoIAT, Naim Yazbeck, General Manager - UAE, Microsoft, Dr. Yehya Al Marzouqi, Executive Director, Advisory, Tawazun Economic Council, and Jose Larios, President & CEO, Celeros Flow Technology were on a panel titled "Winning the Race for Talent in the Manufacturing Sector."

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