INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Siemens lands UAE deal

UAE Minister of State for Advanced Technology Sarah bint Yousif Al Amiri and Siemens AG President and Chief Executive Officer Roland Busch at the signing of the agreement.
  • The program, overseen by MoIAT and Siemens, will address a broad range of topics
  • The aim is to accelerate the transformation of the manufacturing sector towards industry 4.0 in the UAE

The UAE’s Ministry of Industry and Advanced Technology (MoIAT) has announced a partnership with Siemens to accelerate the assessment of the digital maturity of the country’s industrial companies and develop a strategic roadmap to implement Industry 4.0 frameworks, local reports have said.

The program will be overseen by MoIAT and Siemens, which are together expected to address a broad range of topics to accelerate the transformation of the manufacturing sector towards industry 4.0 in the UAE.

By the end of 2022, the ministry and Siemens are expected to evaluate 200 industrial companies in the UAE for their digital maturity.

More than 70 industrial companies in the UAE have already been assessed on their digital maturity, said the local reports.

This partnership is expected to support the objectives of the UAE Industry 4.0 program to raise industrial productivity by 30 percent and add about AED25 billion (around $6.81 billion) to the national economy over the next decade.

UAE Industry 4.0 has reportedly been designed to help the country build its economic potential by increasing the use of deep learning, machine learning, artificial intelligence, additive manufacturing, and the Internet of Things into the value and supply chains that support the industrial sector.

The digital maturity assessment program is expected to allow the UAE to determine its current baseline level for the adoption of Fourth Industrial Revolution (4IR) technologies across the country’s industrial sector.

It is also apparently aimed at identifying areas within the sector that are ripe for digital transformation to enhance performance and productivity.