Money and business

"Abu Dhabi Export" and"Strata" They cooperate to enhance the competitiveness of the industrial sector globally

Abu Dhabi, February 3 / WAM / The Abu Dhabi Export Office “ADX”, with the “Strata Manufacturing” company specialized in manufacturing parts of aircraft structures, enhances their strategic cooperation to support the growth of industrial sectors and increase their competitiveness globally. This came during a visit by the delegation of the Abu Dhabi Development Fund, headed by His Excellency Mohamed Saif Al -Suwaidi, Director General of the Fund, and Chairman of the Executive Committee of the Abu Dhabi Export Office, to the headquarters of the “Strata” company, in the presence of Khalil Fadel Al -Mansouri, Director General of the Office.

The delegation, Ismail Ali Abdullah, met the Executive Director of the Strategic Complex Unit in the investment sector in the Emirates at Mubadala Company, the managing director of Strata Industrialization, and a number of officials and employees.

The Strata team reviewed the most prominent achievements of the company in the aviation industry at the global level, which contributed to supporting the national strategic goals aimed at increasing the contributions of the industrial sector to the state’s gross domestic product.

For his part, the Abu Dhabi Export Office “ADX” of the Abu Dhabi Fund for Development provided an introductory explanation about its pioneering role in enhancing the competitiveness of Emirati products globally by providing innovative financing tools, which enables national companies to reach the various global markets.

His Excellency Mohammed Saif Al -Suwaidi said that this visit comes within the framework of the Fund’s commitment to supporting national companies that play a major role in promoting economic diversification of the United Arab Emirates, as the achievements of these companies and their contributions to developing national industries are an important step towards achieving a diversified and sustainable economy.

He praised the advanced level reached by Strata, and its dependence on the latest equipment and innovative technologies in the field of manufacturing parts of aircraft structures, using robots and artificial intelligence, which contributed to enhancing the efficiency of manufacturing operations in accordance with international standards.

He added that Strata is a leading model for national companies that have been able to establish its position in global markets, and that the fund will work with it to explore more cooperation opportunities that support the achievement of common national goals.

For his part, Ismail Ali Abdullah welcomed the delegation of the Abu Dhabi Export Office, praising the office’s stimulating efforts for more strategic cooperation at the level of leading national companies in the various vital sectors, which is reflected in the promotion of the quality and competitiveness of the industrial and advanced industrial sector in particular, in compliance with the strategy of economic diversification And enriching the slogan (Made in the Emirates).

He pointed out that the Abu Dhabi Export Office is making great efforts in supporting national companies and strategic projects that contribute to enhancing the position of the UAE as a global commercial and industrial center, and creates more stories of excellence and success, which reflects the higher investment and economic approaches to the UAE.

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