The UAE Cabinet has adopted the National Policy for Economic Clusters, a strategy designed to generate more than $8.17bn annually for the national economy.
The policy will create clusters of industries, services, and institutions of a similar nature, leveraging the strengths of individual emirates to support sector growth, enhance capabilities, and expand access to global markets.
The measures highlight the UAE’s continued push to consolidate its position as a leading global centre for innovation, investment, and sustainable economic growth.
Gulf Economist Staff Writer