ADNOC joins forces with the UAE government and Emirates Development Bank to bolster local production, streamline procurement, and reduce reliance on imports with a new AED1 billion fund supporting industrial growth and supply chain stability.
ADNOC has stepped into the spotlight as the first partner to support the UAE’s new AED1 billion National Industrial Resilience Fund, and honestly, this adds a fresh wave of momentum to the country’s efforts to boost local manufacturing and cut down reliance on imported industrial inputs.
The deal was inked with the Ministry of Industry and Advanced Technology, and, yes, also with Emirates Development Bank, during the Make it in the Emirates 2026 event held in Abu Dhabi. This fund, which EDB will manage over the next five years, aims to support brownfield expansions, assist existing factories in ramping up their capacity, and connect confirmed purchasing needs with targeted financing to help local producers grow.
Now, in practical terms, this isn’t just about throwing capital at projects. It’s really about turning procurement opportunities into bankable industrial ventures, giving manufacturers a clearer picture of demand, and boosting their ability to invest in equipment, working capital, and scaling plans. This kind of model is especially relevant for climate tech supply chains, where producing components, materials, and industrial services locally can significantly support broader energy transition goals.
Hasan Jasem Al Nowais, who is the undersecretary at MoIAT, mentioned that this mechanism brings together the ministry itself, EDB, and key sector partners, starting with ADNOC, to strengthen the industrial financing ecosystem. The goal? To speed up replacing imports with locally-made alternatives. Meanwhile, Ahmed Mohamed Al Naqbi, EDB’s CEO, said the bank will leverage the fund to expand financing for companies in sectors that bolster the country’s economic resilience. Basically, they want to help manufacturers get better liquidity, reinforce supply chains, and pursue longer-term growth plans.
ADNOC’s involvement is pretty notable because it links one of the UAE’s largest industrial buyers directly into this financing framework. Omar Abdullah Al Nuaimi, acting director of commercial and In-Country Value at ADNOC, explained that this setup ties the company’s long-term procurement needs more closely with support for local manufacturers. He also highlighted the company’s ongoing commitment to expanding domestic production through its In-Country Value program, which has been active since 2018.
Under the arrangement, each partner has a clear role. MoIAT will identify key sectors and products, turn procurement opportunities into industrial projects, and select eligible schemes for funding. EDB will then evaluate proposals based on feasibility and risk factors, provide quick-track financing, and oversee performance. Meanwhile, ADNOC will align parts of its procurement chain with the fund’s priorities, share demand information, support supplier localization, and help stabilize orders via longer-term contracts. The three will also work together through joint governance to make sure things move smoothly and quickly.
The initial focus will be on industries like food production, manufacturing, primary metals, mechanical, electrical, and chemical sectors, along with pharmaceuticals, medical supplies, advanced tech, and construction. This mix is pretty important for the UAE’s industrial policy because it covers both heavy industries and higher-value segments that are critical for diversification.
The announcement also builds on ADNOC’s broader Industrial Resilience Program, unveiled at the same forum. According to ADNOC, this program introduces five measures aimed at strengthening supply chains, accelerating local manufacturing, and building more durable industrial capacity across strategic sectors. It expands the company’s In-Country Value framework and includes initiatives like the Local+ and ICV+ scorecards, the ADNOC Multiplier tool, and a Build-to-Demand scheme.
ADNOC emphasizes that these efforts are designed to future-proof its value chain, cut down exposure to global disruptions, and make products “Made in the Emirates” the go-to choice for its projects. The company has also identified around AED90 billion worth of products, ranging from drilling equipment to chemicals, that have potential for local manufacturing.
Make it in the Emirates has become the country’s main showcase event for turning policy into tangible deals. Hosted by MoIAT and organized by ADNEC Group, it brings together manufacturers, investors, policymakers, and international partners. The goal? To deepen industrial value chains and help local firms produce, scale, and export from the UAE.
Overall, this latest move indicates that the government is increasingly pairing its industrial ambitions with practical financial tools. For local manufacturers, that could mean clearer demand signals, faster access to capital, and a stronger case for building up domestic capacity. And for the broader economy, it points to a more deliberate effort to anchor supply chains within the UAE, while also creating room for more advanced industries to develop and thrive.
- https://www.urdupoint.com/en/middle-east/adnoc-becomes-first-partner-to-back-uaes-new-2183699.html – Please view link – unable to able to access data
- https://www.adnoc.ae/en/news-and-media/press-releases/2026/adnoc-launches-industrial-resilience-program-at-make-it-in-the-emirates – ADNOC has launched its Industrial Resilience Program at the ‘Make it in the Emirates’ forum, introducing five initiatives to strengthen UAE supply chains, accelerate local manufacturing, and develop sustainable industrial capacity across strategic sectors. The program builds on ADNOC’s In-Country Value (ICV) programme and encourages contractors to prioritise local sourcing for high-priority products that can be domestically produced to serve multiple sectors. The five core initiatives include an enhanced ICV model, ‘Local+’ and ‘ICV+’ initiatives, the ‘ADNOC Multiplier’ tool, and the ‘Build-to-Demand’ initiative. These efforts aim to future-proof ADNOC’s value chain, mitigate exposure to global supply chain disruptions, and position Made in the Emirates products as the first choice for ADNOC’s projects, supporting the growth of local manufacturers and the UAE’s industrial base. ([adnoc.ae](https://www.adnoc.ae/en/news-and-media/press-releases/2026/adnoc-launches-industrial-resilience-program-at-make-it-in-the-emirates?utm_source=openai))
- https://www.miite.ae/ – ‘Make it in the Emirates 2026’ is the UAE’s flagship platform for national industrial transformation, designed to convert ambition into production and deliver industrial growth at scale. Hosted by the UAE Ministry of Industry and Advanced Technology (MoIAT) and organised by ADNEC Group, the event brings together industry leaders, policymakers, and global investors to enable meaningful engagement, collaboration, and opportunity at scale. The platform strengthens local manufacturing, deepens industrial value chains, and enables companies of all sizes to manufacture, scale, and export from the UAE. ([miite.ae](https://www.miite.ae/?utm_source=openai))
- https://adnoc.ae/en/suppliers/make-it-in-the-emirates – ADNOC’s ‘Make It in the Emirates’ initiative identifies AED90 billion worth of products with local manufacturing potential and invites the private sector to seize the opportunity. The initiative focuses on various industrial categories, including drilling equipment, mechanical equipment and parts, piping, fittings and valves, and process chemicals, among others. ADNOC is committed to driving industrial growth and diversification through its ambitious downstream and industry growth program, supporting the Ministry of Industry and Advanced Technology’s (MoIAT) ‘Make it in the Emirates’ strategy. ([adnoc.ae](https://adnoc.ae/en/suppliers/make-it-in-the-emirates?utm_source=openai))
- https://www.urdupoint.com/en/middle-east/adnoc-launches-industrial-resilience-program-2181014.html – ADNOC has launched its Industrial Resilience Program at the ‘Make it in the Emirates’ forum, introducing five initiatives to strengthen UAE supply chains, accelerate local manufacturing, reinforce business continuity capabilities, and develop sustainable industrial capacity across strategic sectors. The program builds on ADNOC’s In-Country Value (ICV) programme and encourages ADNOC’s contractors to prioritise local sourcing for high-priority products that can be domestically produced to serve multiple sectors. The five core initiatives include an enhanced ICV model, ‘Local+’ and ‘ICV+’ initiatives, the ‘ADNOC Multiplier’ tool, and the ‘Build-to-Demand’ initiative. These efforts aim to future-proof ADNOC’s value chain, mitigate exposure to global supply chain disruptions, and position Made in the Emirates products as the first choice for ADNOC’s projects, supporting the growth of local manufacturers and the UAE’s industrial base. ([urdupoint.com](https://www.urdupoint.com/en/middle-east/adnoc-launches-industrial-resilience-program-2181014.html?utm_source=openai))
- https://www.pakistanpoint.com/en/story/2181014/adnoc-launches-industrial-resilience-program-at-make.html – ADNOC has launched its Industrial Resilience Program at the ‘Make it in the Emirates’ forum, introducing five initiatives to strengthen UAE supply chains, accelerate local manufacturing, reinforce business continuity capabilities, and develop sustainable industrial capacity across strategic sectors. The program builds on ADNOC’s In-Country Value (ICV) programme and encourages ADNOC’s contractors to prioritise local sourcing for high-priority products that can be domestically produced to serve multiple sectors. The five core initiatives include an enhanced ICV model, ‘Local+’ and ‘ICV+’ initiatives, the ‘ADNOC Multiplier’ tool, and the ‘Build-to-Demand’ initiative. These efforts aim to future-proof ADNOC’s value chain, mitigate exposure to global supply chain disruptions, and position Made in the Emirates products as the first choice for ADNOC’s projects, supporting the growth of local manufacturers and the UAE’s industrial base. ([pakistanpoint.com](https://www.pakistanpoint.com/en/story/2181014/adnoc-launches-industrial-resilience-program-at-make.html?utm_source=openai))
- https://en.emirates7.com/article/12670 – The fifth edition of ‘Make it in the Emirates’ (MIITE) will take place from 4th to 7th May at ADNEC Centre Abu Dhabi, hosted by the Ministry of Industry and Advanced Technology (MoIAT) and in collaboration with the Ministry of Culture, the Abu Dhabi Investment Office, ADNOC, and L’IMAD Holding Company, and organised by ADNEC Group. The launch of MIITE 2026 coincides with the Cabinet’s approval of a set of strategic initiatives and decisions aimed at strengthening the resilience of the UAE’s industrial sector, ensuring business continuity, and reinforcing the readiness of the national economy. MIITE 2026 focuses on transforming these national priorities into tangible economic and commercial momentum. It provides the opportunity to explore the UAE’s integrated industrial ecosystem that brings together manufacturers, investors, SMEs, startups, job seekers, and the wider public. ([en.emirates7.com](https://en.emirates7.com/article/12670?utm_source=openai))
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The article reports on ADNOC’s Industrial Resilience Program announced at the ‘Make it in the Emirates 2026’ forum, which took place from May 4 to 7, 2026. The earliest known publication date of similar content is May 4, 2026, indicating the information is current. However, the article was published on May 8, 2026, which is four days after the event, potentially reducing the freshness score.
Quotes check
Score:
7
Notes:
The article includes direct quotes from ADNOC officials, such as Omar Abdulla Alnuaimi, ADNOC’s Acting Group Chief, Commercial and ICV. These quotes are consistent with those found in ADNOC’s official press release dated May 4, 2026. The repetition of these quotes across multiple sources suggests they may have been provided in a press release, which is a common practice for companies to disseminate information. This raises concerns about the originality of the content and the potential for bias, as the quotes are sourced directly from ADNOC’s communications.
Source reliability
Score:
6
Notes:
The article is published on UrduPoint, a news website that aggregates content from various sources. While it provides coverage of ADNOC’s announcement, the reliance on a single source for the majority of the content raises questions about the independence and reliability of the information. The lack of additional independent verification sources further diminishes the credibility of the report.
Plausibility check
Score:
8
Notes:
The claims made in the article align with ADNOC’s official press release and other reputable sources, such as the UAE government’s announcement of the AED1 billion National Industrial Resilience Fund. The details about the ‘Local+’ initiative and the planned AED200 billion in project awards are consistent across multiple sources, supporting the plausibility of the information. However, the heavy reliance on ADNOC’s own communications without independent verification slightly reduces the confidence in the claims.
Overall assessment
Verdict (FAIL, OPEN, PASS): FAIL
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article provides a summary of ADNOC’s Industrial Resilience Program announced at the ‘Make it in the Emirates 2026’ forum. While the information aligns with ADNOC’s official press release and other reputable sources, the heavy reliance on ADNOC’s own communications without independent verification sources raises concerns about the originality and reliability of the content. The lack of independent verification and the potential for bias due to the use of direct quotes from ADNOC officials further diminish the credibility of the report. Therefore, the overall assessment is a FAIL with MEDIUM confidence.
