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Manufacturing

Machinery, materials, industrial development and supply chains

Industry News
Source: Big News Network.com

UAE Investments in AI and Genomics Drive Middle East Biopharma Expansion

A report by World Health Expo and Frost & Sullivan indicates that UAE national investments in genomics, artificial intelligence, and advanced manufacturing are transforming Middle Eastern biopharma. The regional precision medicine sector is forecast to expand by over 10 percent over the next five to seven years. Key initiatives include the Emirati Genome Program, Abu Dhabi's AED 42 billion HELM cluster, and the 2025 launch of Mubadala Bio.

Policy & Legal Updates
Source: Gulf News

UAE Companies Can Now Estimate ICV Scores Ahead of Official Certification

ADEPTS Chartered Accountants has launched a free online ICV Score Calculator for businesses competing for UAE government and semi-government tenders. The tool estimates performance across local spending, investment, Emiratisation, and employee costs using National ICV framework weightings. The firm highlighted that the tool serves as a planning mechanism and does not replace formal certification by authorized bodies.

Industry News
Source: Simply Wall Street

UAE Electric Vehicle Market Projected to Reach $246.3 Million by 2030

The electric vehicle market in the United Arab Emirates is projected to grow at an annual rate of 5.9%, reaching approximately $197.0 million by 2026 and $246.3 million by 2030. According to research cited by Simply Wall St, expansion is driven by accelerating EV adoption and sustained investments in charging infrastructure. The market study evaluates over 100 key performance indicators across sales, vehicle electrification, and infrastructure readiness.

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