Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the establishment of a Dh1 billion national fund to support vital industries. “We have approved a package of initiatives and decisions to support the national industrial sector, including the establishment of a national fund worth Dh1 billion for industrial resilience, aimed at advancing the localisation of vital industries, strengthening supply chain resilience, and accelerating the adoption of artificial intelligence technologies in production, operations and planning,” Sheikh Mohammed wrote on his X account. The new fund is designed to accelerate the localisation of vital industries, enhance supply chain resilience and expand the use of artificial intelligence across production, operations and strategic planning.  The fund will focus on supporting critical industries, particularly those linked to national priorities such as food security and essential manufacturing.…