Land and related services from KEZAD will be allocated for the ‘Mega Hub’, in addition to the development and management of a high-tech handling facility at Khalifa Port
The steel manufacturing base has a designed annual capacity of 2.5 million tonnes of direct reduced iron and 1.5 million tonnes of steel plate
The UAE firm is the first HILT CRC industry partner with operations entirely outside Australia
GMG’s Dubai Investment Park facility – one of UAE’s largest food manufacturing facilities – includes three factories to process added-value meat, poultry, and seafood items
The production facility will be located on a 48,000 sqm land plot that will be leased under a build-to-suit agreement with KEZAD
The company paid its shareholders a total of Dhs3.7bn consisting of an interim dividend of Dhs2.2bn in July and a further D1.5bn at the end of 2022
The first mining agreement is Oman’s first with a foreign investor
The first wave of supported projects, which will have strategic impact on several economic sectors, will benefit from investments worth SAR192.4bn
Gradeone, which has partnerships within the defence, rescue, and security sectors, will join Edge’s Trading and Mission Support cluster
Over the years, Ducab has supplied over 1,428 kilometres of cables to the Indian market, which is equivalent to the distance between Delhi and Mumbai
UAE-based Ducab and Union Pipes Industry will use Borouge solutions to produce power cables and pressure pipes for Borouge 4 infrastructure
Slated to be the largest of its kind within the zone to produce green steel, the facility will also utilise renewable energy sources in its manufacturing operations
Of the organisations surveyed that paid the ransom, the average cost was $2,036,189 – more than double the cross-sector average of $812,360
The announcement follows the launch of the Saudi Egyptian Investment Company in August
The company aims to localise knowledge, technology and innovation for the development of halal products, including foods, cosmetics, and pharmaceuticals
The partnerships will play a significant role in boosting economic development through the National ICV Program
The programme aims to develop 1,000 technological projects
By virtue of a royal decree, Al-Benyan was appointed as the kingdom’s new education minister
By tapping into the economic and partnership opportunities catalysed by the R&D programme, businesses can leverage technology to enhance operations and product development
Copper ore was discovered at four sites in the Al-Madiq area in the Wadi Al-Faraa region in Madinah
The total number of active in-production licenses was 866 by end of June, according to the Industrial Development Bureau’s manufacturing report
The growing level of cooperation has been set in motion by the Abraham Accords
The company’s revenue for the first half of the year stood at $5bn, compared to $2.9bn in H1 2021
Both organisations will adopt circular economy strategies to drive a more productive, advanced and innovative sector while reducing greenhouse gas emissions
These chemicals will be produced in the UAE for the first time creating new revenue streams and opportunities for local manufacturers
The funds will be used by Al Seer Marine to construct two VLGCs that have a capacity of 86,000 cubic metres, with LPG-fuelled propulsion machinery
The procedures will enable digital services, simplify business procedures, and reduce costs for investors and owners of industrial businesses in the UAE.
Tradeling will be the exclusive distributor of Astrum’s goods in the MENA region
Lucky Gas, Al Seer Marine’s first VLGC, is expected to be completed and delivered by March 2023, with work on the second VLGC scheduled to commence in May
The Environment Agency – Abu Dhabi will also phase out single-use styrofoam cups, plates and food containers by 2024