Home News Sheikh Mohammed bin Zayed Approves Global AgTech Centre to Create 2,000+ Jobs

Sheikh Mohammed bin Zayed Approves Global AgTech Centre to Create 2,000+ Jobs

While it’s common knowledge that the UAE, as do most countries in the Middle East, is bordered by deserts and dry lands, this does not pose a limitation to the government’s efforts in expanding its economy and positioning itself among the best in the world.

Recently, the government of Dubai has shown interest in boosting its tourism sector through novel efforts such as the introduction of glamping, in relevance to the common traditions and practices of the people, only with a modern twist. Such efforts aim to boost the country’s economy amid a drop in oil prices in recent years.

Sheikh Mohammed bin Zayed Approves Global AgTech Centre, to Create 2,000+ Jobs in UAE
Credits: Wikimedia Commons

Over 2,000 Jobs to Open in UAE’s AgTech Sector

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has recently approved a series of incentives and benefit packages amounting to AED 1 million for local and international Agriculture Technology (AgTech) firms to build and grow their presence in Abu Dhabi, as shared in a report by Gulf News.

The announcement aims to promote the development of the AgTech industry, as well as to position Abu Dhabi as a global centre for desert environment agriculture innovation.

Sheikh Mohammed bin Zayed Approves Global AgTech Centre, to Create 2,000+ Jobs in UAE
Credits: Wikimedia Commons

As per H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Chairman of the Executive Committee and Member of the Abu Dhabi Executive Council, the transformation (or establishment) of the AgTech sector in the country will create new opportunities that will positively impact the economy in the mid- and long-term future of the UAE.

Sheikh Mohamed further pointed out that Abu Dhabi offers strong and competitive investment opportunities for AgTech companies, which will allow them to expand their innovation products and services. Furthermore, Abu Dhabi’s strategic location and well-established logistics sector can support expansion efforts in nearby regions, where economic growth and an increase in food consumption have been noted.

The AgTech packages by the Abu Dhabi Investment Office (ADIO) will not only create a vibrant AgTech ecosystem, but also generate over AED 1.650 billion of GDP contribution, as well as open over 2,000 jobs in the emirate by 2021.

ALSO READ: UAE Celebrates Mother of Nation Festival by Hosting Fireworks Competition in Abu Dhabi


We're on YouTube!
Please subscribe to the Dubai OFW YouTube Channel for updates and tips!


Get FREE Dubai Updates by entering your email address:



Don't forget to check your email to activate your subscription!

SHOP ONLINE ON AMAZON.AE

Enjoy Your Favourite Songs and Movies with these Speakers

Due to the current health crisis, attending a live concert or watching a movie in the cinema is not advisable these days. Unless you...

Keep Your House Clean with these Floor Mops

Amid the ongoing health crisis, keeping our homes clean and germ-free has become more vital than ever before. “One who maintains cleanliness, keeps away...

Doing Your Laundry is Easy with these Items

Unless you were born with a silver spoon in your mouth (a.k.a. extremely wealthy), most likely you have to do your own laundry, especially...

6 Top Selling LED Monitors for Your Home Office

The current health crisis has led to many people having to work from home, setting up their own home office complete with computer tables,...

7 Best Selling Board Games to Get You Out of Boredom

Under the current circumstances, many of us have to stay at home, except when buying food and other essentials. A lot of people have...

Deliciously Hot! Famous Food Vloggers Try Out Double Spicy Korean Fire Noodles

In case you haven’t heard, there’s a hot and spicy Korean fire noodle challenge going around, and it’s bound to the test the limits...

6 Best Keyboard and Mouse Combos for Your Home Office

Are you one of the many people who are currently working from home? If so, then most likely you have set up your very...