In a strategic move aimed at enhancing the industrial sector and localizing supply chains, the Emirates Growth Fund announced the signing of new agreements during the “Make in the UAE 2026” exhibition. These agreements reflect the fund’s steadfast commitment to supporting national companies and enhancing their competitiveness in the market, underscoring the fund’s pivotal role in achieving these objectives.
Strategic Pillars for Strengthening National Industry
The Emirates Growth Fund emphasized that the “Make in the UAE 2026” exhibition represents a historic milestone in its journey. The fund’s presence was centered around three main axes: launching the Growth Leaders Program, increasing collaboration with the Ministry of Industry and Advanced Technology and ADNOC, and establishing strategic partnerships with major banks and supporting entities. This collection of commitments marks an important phase that reinforces the fund’s position as a key player in the national industrial agenda.
Growth Leaders Program: Sustainable Support and Financing
The Emirates Growth Fund officially launched the Growth Leaders Program at the exhibition, which aims to provide Emirati manufacturers with a solid foundation of capital and the necessary governmental support for expansion. The program includes access to long-term financing, allowing small and medium-sized enterprises to benefit from strategic expansion opportunities.
Tri-Partite Strategic Agreement
The Emirates Growth Fund has signed a tri-partite strategic agreement with the Ministry of Industry and Advanced Technology and ADNOC, contributing to the establishment of a national framework aimed at localizing supply chains and enhancing industrial integration. Through this collaboration, small and medium-sized manufacturing companies will have the opportunity to enter the industrial and energy sectors, thereby boosting their competitiveness.
Partnerships with Banks and Supporting Entities
In addition to the agreement with ADNOC, the fund has formed partnerships with major Emirati banks and supporting entities. These partnerships aim to provide a comprehensive support network around the funded companies, ensuring that no promising Emirati company faces financial or administrative obstacles.
Speaking about these developments, Khalifa Al-Hajri, CEO of the Emirates Growth Fund, noted that the fund is not just a provider of capital; it is focused on building companies and enhancing their ability to compete in local and international markets.