Latest news with #ICV-certified
Mid East Info
08-07-2025
- Business
- Mid East Info
Ministry of Industry and Advanced Technology partners with e& to empower ICV-certified SMEs - Middle East Business News and Information
Strategic collaboration to deliver exclusive digital offers to over 7,000 companies under the National In-Country Value (ICV) Program Abu Dhabi, July 2025 – The Ministry of Industry and Advanced Technology (MoIAT) has signed a Memorandum of Understanding (MoU) with e& in UAE to strengthen support for ICV-certified small and medium-sized enterprises (SMEs) under the National In-Country Value (ICV) Program, an initiative launched by MoIAT as part of the UAE's Projects of the 50. Under the agreement, e& UAE will extend a suite of exclusive incentives to more than 7,000 ICV-certified SMEs registered with MoIAT. These tailored packages include preferential rates on internet services, mobile plans, digital payment solutions, and Microsoft productivity tools. The aim is to accelerate digital transformation and enhance operational efficiency among local enterprises. This strategic partnership reflects a shared commitment to supporting local industrial growth, economic resilience, and technological advancement. Her Excellency Salama Al Awadhi, Assistant Undersecretary for the Industrial Development Sector at MoIAT, said: 'The ministry continues to work with strategic partners to enhance the growth and competitiveness of the country's industrial sector. The National ICV Program is a pillar of the National Strategy for Industry and Advanced Technology, alongside the Technology Transformation Program and the Make it in the Emirates initiative.' She added: 'The program has delivered tangible economic benefits, empowering companies and enhancing their competitiveness by channelling procurement spending into the national economy. By the end of 2024, cumulative local expenditure through the National ICV Program reached AED 347 billion. SMEs are central to this growth, and the number of ICV Program strategic partners has now reached 35 federal and local government entities and national companies.' Esam Mahmoud, Senior Vice President SMB Sales & Marketing, e& UAE, said: 'We are proud to support the Ministry of Industry and Advanced Technology in advancing the National ICV Program. SMEs are the backbone of the UAE economy, and through this collaboration, we aim to empower them with cutting-edge digital solutions that unlock new growth opportunities, enhance competitiveness, and support long-term success. As a key enabler of the programme, this partnership will help incentivise companies to obtain certification. It also exemplifies how public-private collaboration can create a meaningful impact by driving industrial development and building local capabilities.' This agreement further reinforces e& UAE's role as a digital enabler for businesses across sectors, committed to advancing national priorities through impactful collaborations and future-focused solutions.
TECHx
08-07-2025
- Business
- TECHx
e& UAE Partners with MoIAT to Support ICV-Certified SMEs
Home » Smart Sectors » e& UAE Partners with MoIAT to Support ICV-Certified SMEs The Ministry of Industry and Advanced Technology (MoIAT) has announced the signing of a Memorandum of Understanding (MoU) with e& UAE. The agreement aims to support ICV-certified small and medium-sized enterprises (SMEs) under the National In-Country Value (ICV) Program. This initiative is part of the UAE's broader Projects of the 50 strategy. Under the MoU, e& UAE will provide a range of exclusive incentives to more than 7,000 SMEs registered with MoIAT. These enterprises have obtained ICV certification and are part of the national effort to boost local industrial growth. The incentives include: Preferential rates on internet services and mobile plans Digital payment solutions Access to Microsoft productivity tools These tailored packages are intended to accelerate digital transformation and enhance operational efficiency across the SME sector. MoIAT revealed that the partnership reflects ongoing efforts to support local industrial development, strengthen economic resilience, and promote technological progress. Her Excellency Salama Al Awadhi, Assistant Undersecretary for the Industrial Development Sector at MoIAT, stated that the ministry continues to engage with strategic partners to support the growth of the UAE's industrial sector. She reported that the National ICV Program plays a key role in the National Strategy for Industry and Advanced Technology, alongside the Technology Transformation Program and the Make it in the Emirates initiative. According to MoIAT, the program has delivered measurable economic results. By the end of 2024, cumulative local spending through the National ICV Program reached AED 347 billion. The number of strategic partners involved in the program has now reached 35, covering both federal and local government entities and national companies. Al Awadhi emphasized the central role of SMEs in driving this growth. Esam Mahmoud, Senior Vice President of SMB Sales & Marketing at e& UAE, commented on the company's role in the partnership. He said e& UAE is proud to collaborate with MoIAT to advance the National ICV Program. He noted that SMEs are a key part of the UAE's economy and that the company aims to empower them with digital tools that enhance growth and competitiveness. Mahmoud added that the partnership will help incentivize more companies to obtain ICV certification. He also highlighted how public-private cooperation can contribute to local capability building and national industrial goals. e& UAE reiterated its commitment to enabling business growth through technology and supporting national strategies through meaningful partnerships.
Mid East Info
19-06-2025
- Business
- Mid East Info
Dubai Investments' Glass Companies Record Strong Year-on-Year Growth - Middle East Business News and Information
Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market, has announced strong year-on-year growth across its glass manufacturing portfolio under Glass LLC, with total production surpassing 14.8 million square meters in 2024. This milestone reflects the company's sharp focus on innovation, sustainability, and expanding demand driven by regional mega projects. Glass LLC, a wholly owned subsidiary of Dubai Investments, consolidates the Group's glass-related operations and currently comprises three core entities: Emirates Glass (EG), Emirates Float Glass (EFG), and Saudi American Glass (SAG). With a strong regional footprint and vertically integrated capabilities, these companies cater to a wide spectrum of sectors including construction, architecture, energy, and transport. 'The glass sector is a cornerstone of Dubai Investments' industrial platform—driving significant growth and reinforcing the Group's leadership in the GCC's high-performance materials market. As the region advances through mega projects and places greater emphasis on sustainability, Dubai Investments glass businesses are well-positioned to lead through innovation and product excellence. Continuous investments in cutting-edge technologies are sharpening the Group's competitive edge, enabling it to meet evolving industry needs while laying a strong foundation for long-term market leadership,' said Abdulaziz Bin Yagub Al Serkal, CEO, Industrial Platform, Dubai Investments. Emirates Float Glass (EFG), the only glass manufacturer in the GCC offering a full portfolio of float glass products, achieved full production capacity in 2024, delivering over 12.6 million square meters of glass across five continents. EFG's offerings include Clear Glass, Body Tinted Glass, and Reflective Glass (both online and offline coatings), as well as Low-Emissivity (Low-E) Glass. EFG is the only ICV-certified glass manufacturer in the UAE and is listed in the Golden List by the Abu Dhabi Department of Economic Development—recognizing its substantial contribution to the national economy. As an active participant in the UAE's Projects of the 50 and the Abu Dhabi Local Content Program, EFG's high ICV score underscores its commitment to local manufacturing, services, and workforce development. Its inclusion in the Golden List, curated by the Industrial Development Bureau (IDB) and Department of Government Support (ADGS), reinforces its position as a preferred supplier for government procurement. Emirates Glass contributed over 1.3 million square meters, marking an 8% year-on-year increase, with monthly growth peaking at 28% in December. Aiming to grow its market share from 23% to 27%, EG ramped up production through newly installed jumbo glass processing lines—including cutting, seaming, tempering, and lamination. The company also increased Bullet Resistant Glass production by 15% and launched fire-rated glass certified by Intertek. Additionally, EG commissioned a high-precision Glass Digital Printing unit to meet rising demand for customized architectural solutions. Saudi American Glass (SAG) on the other hand, recorded a 13% year-on-year increase, producing over 927,000 square meters—its highest-ever annual output. A surge in demand for digitally printed architectural glass drove production up by over 48%, with a 57% increase forecasted for 2025. This growth is supported by SAG's new brand, Elite Vitrage, which focuses on artistic glass solutions for interior applications, aligning with evolving design trends and premium requirements. This robust growth across Glass LLC is underpinned by the region's infrastructure boom—particularly in Saudi Arabia and the UAE—and an accelerating shift toward sustainability and energy efficiency, leading to increased demand for solar control and low-E coated glass. The rising adoption of façade and curtain walling applications in high-rise and commercial developments continues to drive momentum. 'Together, the companies under Glass LLC export to over 35 countries, with key markets including the GCC, Africa, Europe, and Asia. Emirates Glass and SAG are seeing sustained demand for double-glazed, laminated, and custom-coated units, while Emirates Float Glass anchors the supply chain as one of the region's most technologically advanced float glass facilities', added Abdulaziz Bin Yagub Al Serkal. Looking ahead, Glass LLC is investing in automation, capacity expansion, and next-generation glass technologies—aligned with Saudi Arabia's Vision 2030 infrastructure roadmap and the UAE's Net Zero 2050 ambitions. About Dubai Investments: Dubai Investments is a publicly listed UAE based multi-asset investment Group, managing a diverse portfolio of businesses, generating sustainable financial returns to its shareholders. Established in 1995, Dubai Investments is one of the leading investments Group in the UAE, initiating new businesses and partnering with dynamic entities, creating strategic investment opportunities across the region. With 15,956 shareholders, a paid-up capital of Dhs. 4.25 billion and total assets worth more than Dhs. 22 billion, the Group applies insight and experience to expand and be a reliable growth driver for businesses within sectors like real estate, manufacturing, healthcare, education, investments and services. The Group's diverse portfolio consists of wholly and partly owned companies and reflects the Company's continued focus on business diversification to drive growth in line with evolving industry trends. Focused on leveraging strengths with an interest in establishing existing and new business opportunities with a long-term, strategic and creative approach and with an emphasis on sustainable returns and capital growth, Dubai Investments collaborates on investment strategies meeting the changing needs of the economy and the societies in which it operates. Complementing the strategic objectives and creating value for stakeholders, the Group pursues growth through mergers and acquisitions and business expansions.
