Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, revealed that the group has contributed approximately AED6.2 billion ($1.7 billion) to the gross domestic product of Abu Dhabi.
In statements to WAM, on the sidelines of Make it in the Emirates 2025, Al Remeithi stated that the group currently holds a significant share of the UAE’s industrial output. It contributes 10 percent to the total non-oil manufacturing sector in Abu Dhabi and commands 60 percent of the steel market across the country.
Group allocates over AED3.5 billion to local procurement
Al Remeithi also emphasised the group’s commitment to developing the industrial ecosystem in the UAE. He added that EMSTEEL has emerged as one of the main supporters of the National In-Country Value (ICV) Program.
In 2024, the group allocated more than AED3.5 billion to local procurement, collaborated with over 1,365 local suppliers, and directed 48.2 percent of its total procurement spending to domestic companies.
Regarding market performance, he noted that the steel market in the UAE witnessed growth exceeding 20 percent last year. This growth is expected to continue at a rate of over 10 percent, driven by major projects, especially in the energy and infrastructure sectors.
Abu Dhabi’s first net zero carbon mosque
During Make it in the Emirates 2025, Aldar announced it will become the first developer in the Middle East and North Africa region to implement hydrogen-based steel rebar supplied by EMSTEEL Group in a development project. The steel will significantly reduce carbon emissions during the construction of Abu Dhabi’s first net zero carbon mosque in Sustainable City Yas Island.
The partnership between EMSTEEL and Aldar aims to champion innovation within the sector and accelerate the industrial transition towards sustainable construction. It will create demand for sustainable materials in the region, generating mutual value by recirculating the benefits within the UAE economy as part of the national ICV program.
Read: Make it in the Emirates 2025 explores smart manufacturing, Industry 4.0 & AI advancements
Enhancing UAE’s position as a global industrial powerhouse
“As the nation’s leading manufacturer of steel and building materials, we play a pivotal role in shaping the future of the industry, driving innovation, and advancing sustainability. Through our alignment with key national initiatives such as Operation 300bn and our global reach spanning 72 countries, we continue to enhance the UAE’s position as a premier industrial powerhouse on the world stage,” stated Al Remeithi.
As the forum’s Metals and Fabrications sector partner, EMSTEEL reinforces its role in advancing the UAE’s industrial capabilities through its commitment to innovation, sustainability and excellence in manufacturing. A public joint stock company listed on the Abu Dhabi Securities Exchange, the group integrates the latest technologies to produce high-quality steel and building materials that support the construction, engineering and energy sectors globally.
