MoU to advance industrial and economic development in UAE

مذكرة تفاهم بين وزارة الصناعة والتكنولوجيا المتقدمة ومجموعة عمل الشركات متعددة الجنسيات إم سي بي جي) MEMORANDUM OF UNDERSTANDING BETWEEN THE MINISTRY OF INDUSTRY AND ADVANCED TECHNOLOGY AND THE MULTINATIONAL COMPANIES BUSINESS GROUP (MCBG)

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The Ministry of Industry and Advanced Technology (MoIAT) has signed a Memorandum of Understanding (MoU) with the Multinational Companies Business Group (MCBG) to strengthen collaboration in the areas of standardisation, technical regulations, and capacity building-key pillars for advancing industrial and economic development in the UAE.

The MoU was signed during the Make it in the Emirates forum, and was signed by Dr. Farah Al Zarooni, Assistant Undersecretary for Standardization Affairs at MoIAT, and Turki Bin Moammar, Chairperson of MCBG.

The signing ceremony was attended by senior officials and stakeholders from both organizations, underscoring the significance of the partnership for the nation’s industrial and regulatory landscape.

This strategic collaboration reflects a shared commitment to enhancing regulatory cooperation and fostering a business environment that meets the highest international standards. The agreement outlines joint initiatives including expert exchanges, capacity-building programs, participation in standardization committees, and collaboration on innovation-driven projects.