Tag Archives: local suppliers

Etihad Airways has become the country’s first airline to join the In-Country Value (ICV) Program. The Ministry of Industry and Advanced Technology (MoIAT) is expanding the program’s scope to include new sectors like aviation as part of the national industrial strategy to sustain economic growth and raise the efficiency and competitiveness of the industrial sector. The In-Country Value Program, part of the UAE’s Projects of the 50, is a pillar of the national industrial strategy and benefits certified companies by increasing local demand for their products and services. By joining the ICV program, Etihad Airways will prioritize local suppliers and UAE companies in the procurement process. It will also encourage global suppliers to establish branches in the UAE, attracting more foreign investments to the country. The signing ceremony was witnessed by His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, His Excellency Sarah bint Yousef Al Amiri, Minister of State for Advanced Technology, and His Excellency Mohammed Ali Al Shurafa, Chairman of Board of Directors of Etihad Aviation Group. The MoU was inked on behalf of MoIAT by His Excellency Omar Suwaina Al Suwaidi, Undersecretary of the Ministry and for Etihad Airways, Tony Douglas, Group CEO of Etihad Aviation Group. Etihad Airways joins 18 other leading national institutions and 45 federal entities that have joined the ICV program since it launched on a federal level late last year. The program redirected more than AED 41 billion in 2021 from implementing entities purchases and services expenses, compared to AED 27 billion two years ago. His Excellency Omar Al Suwaidi said: “The In-Country Value Program is one of the pillars of the national strategy for advanced industry …

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