Browsing: industrial growth

Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), announced that its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), have signed strategic Memorandums of Understanding (MOUs) during the 5th Higher Committee Meeting of the Integrated Industrial Partnership for Sustainable Economic Development, held in Doha, Qatar. These agreements, supported by MoIAT (Ministry of Industry and Advanced Technology), align with regional efforts to accelerate industrial growth, enhance economic collaboration, and drive sustainable development across key sectors.

A delegation from Abu Dhabi Exports Office (ADEX) visited the headquarters of Strata Manufacturing, specializing in advanced composite aircraft structures manufacturing in the UAE, as part of its efforts to forge strategic partnerships with key Emirati companies in vital sectors. The discussions during the visit focused on expanding collaboration to boost industrial growth and enhance the UAE’s global competitiveness.

TA’ZIZ has awarded a USD 1.7B (AED 6.2B) engineering, procurement, and construction (EPC) contract to SAMSUNG E&A for the development of one of the world’s largest methanol plants in Al Ruwais Industrial City, located in Abu Dhabi’s Al Dhafra region.

Boosting Investments in Transformative Industries Saudi Arabia has launched the Standard Incentives Program, allocating SR10…

The Ministry of Industry and Advanced Technology (MoIAT), in partnership with LuLu Retail, has launched a national initiative to promote locally made products as part of the “Make it in the Emirates” campaign. The initiative, rolled out in two phases, will first invite accredited manufacturers to participate. In the second phase, LuLu will assist manufacturers in obtaining the ‘Made in the Emirates’ quality mark.

President His Highness Sheikh Mohamed bin Zayed Al Nahyan chaired the annual ADNOC Board of Directors meeting, held at ADNOC Headquarters. The board directed ADNOC to pursue Net Zero emissions by 2050, supporting the UAE’s strategic initiative.

The Abu Dhabi National Oil Company (ADNOC) has made a $16B takeover bid for German chemicals giant Covestro.

Khalifa Economic Zones Abu Dhabi (KEZAD) Group has activated a new natural gas network with a capacity of 311,100 MMBTU/Day in KEZAD Area A – Al Ma’mourah.

The United Arab Emirates (UAE) has taken a significant step towards bolstering its industrial sector…

In the first half of 2022, Abu Dhabi issued 136 new industrial licenses, showing the…