His Excellency Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry, chaired a panel discussion titled "The National Strategy for Industry" with a vision to review the latest developments and initiatives of the economic sector. Held remotely, the session was attended by Abdullah Omar Al Marzouqi, Acting Director of Ajman Chamber, along with executive directors and all the Chamber’s employees. Commencing the session, Al Muwaiji affirmed importance of the panel discussions and their role in developing knowledge of the employees and enhancing their experience, as well as providing a platform to monitor opinions and proposals that feed into the quality of services. He also emphasized the UAE’s endeavors to develop the economic sector through supporting the sustainability and growth of the private sector in the country and attracting investments through a series of consistent national initiatives and projects that reflect the insightful vision of the leadership. The UAE adopts an economy based on knowledge, creativity, innovation and the artificial intelligence, he added. He explained that the National Strategy for Industry and Advanced Technology, (Operation 300bn), which aims to raise the current contribution of the national industrial sector in the GDP from Dhs133 billion to Dhs300 billion in 2031, would open new horizons for an era of a leading Emirati industry regionally and globally. “The Ajman Chamber is keen to keep pace with the vision of Ajman in particular and the Country in general, so that the Ajman Chamber is considering a proposal to establish of a multi-storey industrial building to support entrepreneurs,” Al Muwaiji added. The session also discussed the objectives of the National Strategy for Industry to support the establishment of 13,500 industrial companies, increase spending on research and development in the industrial sector, achieve self-sufficiency in many vital industries, enhance the national industrial value, improve the quality and promote the local industrial product, establish the UAE’s position as an industrial hub and provide a business environment attracting and stimulating local and foreign investment. The attendees were briefed on the strategic industries targeted for development, "aerospace industries, advanced technological industries, medical and pharmaceutical industries, industries related to clean and renewable energy, machinery and equipment, metals, chemicals, rubber and plastics products, electronic and electrical devices, and food and beverage products." The most important industries existing in the country, including the "gas industry, oil refining industries, aluminum industry, iron industry and other major industries" were also reviewed. The manufacturing industries contributed to the UAE's GDP by 9 per cent in 2019. Additionally, the panel discussion reviewed the industrial activities targeted by entrepreneurs, such as "technology and computer industry, communication devices and Internet services, electronic industries - mobile - electrical appliances, pharmaceutical industries that include research and development in this field, food industries that include value added, packaging, entertainment industry and renewable energy industry. The session also affirmed the importance of directing entrepreneurs to the industrial sector, especially in light of the reliance of large factories on small factories in production inputs. They also need to identify the best practices through models for feasibility studies and ideas for successful projects based on innovation and artificial intelligence. This is because industrial sector serves as one of the most important driving forces in the emirate, so that the manufacturing sector contributed to the GDP of the emirate of Ajman by 32 per cent in 2019, and the number of factories in the emirate reached 1,056 in the same year.