The Cyber Security Council and Masdar join National ICV Program

The UAE government’s Cyber Security Council and the Abu Dhabi Future Energy Company (Masdar) have joined the Ministry of Industry and Advanced Technology’s National In-Country Value (ICV) Program. Today’s announcement follows the Ministry’s efforts to expand the implementation of the program at the federal level, which is a pivotal program within the Projects of the 50.

The announcement was made during the signing of two memoranda of understanding between the Ministry, the Cyber Security Council and Masdar on the sidelines of Abu Dhabi Sustainability Week (ADSW), in the presence of His Excellency Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology.

The first MoU was signed by His Excellency Dr. Mohammed Hamad Al Kuwaiti, Head of Cyber Security Council, and His Excellency Abdullah Al Shamsi, Assistant Undersecretary for the Industrial Development Sector. The second memorandum was signed by Mohamed Jameel Al Ramahi, CEO of Masdar.

The National ICV Program is one of the main pillars of the UAE’s national industrial strategy. It aims to support the industrial sector by redirecting the procurement of government and private sector entities to certified local suppliers. The National ICV Program has witnessed a remarkable expansion since its launch in September 2021, with 45 federal government bodies joining the program, in addition to 15 major national companies.