Industry

UAE, Bahrain advance partnership in national in-country value programs

Emirati industrial enterprises will be eligible to benefit from Bahrain's Takamul Program by receiving a 10 percent preference

Dubai Industrial City marks 20 years as premier manufacturing and logistics hub in the Middle East

Dubai Industrial City is expanding, adding 13.9 million sq. ft. of industrial land this year

Sheikh Theyab and Bill Gates discuss AI’s role in advancing health, education, and food systems

Both parties discussed strategies to improve lives by combating preventable diseases like polio and neglected tropical diseases

All Airbus aircraft currently produced have parts made in UAE, says official

Airbus initiated its partnership with the UAE more than a decade ago, starting in 2010

ADIPEC 2024: ADNOC awards $196.2 million contracts to 11 companies for manufacturing in UAE 

Awards for a wide range of products enabled by the company's In-Country Value (ICV) program

TA’ZIZ announces over $2 billion contracts for key infrastructure projects in Abu Dhabi

TA'ZIZ is set to commence production in 2027, targeting an output of 4.7 million tons per annum of chemicals by 2028

Ras Al Khaimah, U.K. Government strengthen partnerships across key trade, investment sectors

The partnership aims to enhance industrial cooperation and facilitate two-way trade between Ras Al Khaimah and the U.K.

Saudi Arabia’s PIF to acquire 54 percent stake in MBC Group for nearly $2 billion

MBC Group recorded a net income of SAR237.8 million in 1H 2024 – up a significant 359.8 percent year-on-year

FII8: stc Group joins hands with three new partners for Sustainability Champions program

The Group further reinforces its commitment to sustainability, connectivity, and technological advancement at FII8

Fourth edition of Make it in the Emirates Forum to take place in May 2025

Under a new partnership, the Ministry of Industry and Advanced Technology and ADNEC Group will organize future editions of the forum

Multiply Group revenue soars 47 percent to $141 million in Q3 2024

The balance sheet remains strong, with cash balance of AED1.88 billion and additional liquidity of up to AED4 billion available for future investments

Sheikh Mohammed and Vietnam PM discuss enhancing bilateral cooperation, sign CEPA

CEPA facilitates UAE service providers' access to various sectors in Vietnam, including business, finance, and tourism

Abu Dhabi’s NMDC Group reports $598.96 million net profit in first nine months of 2024, driven by strong project pipeline

A remarkable 68 percent increase in revenues and a 45 percent rise in net profits compared to the same period last year

UAE President engages with world leaders on trade and development at BRICS Summit

The summit, which runs until October 24, is themed 'Strengthening Multilateralism for Equitable Global Development and Security,’

SuperBridge Summit 2024 concludes, drives partnerships in Global South

Event showcases opportunities in domains such as sustainability, IPOs, research and industrial projects

Abu Dhabi’s ADNEC Group to fully acquire Royal Catering

Royal Catering has over 2,500 employees and a production capacity of more than 50,000 meals daily

Saudi Arabia’s PIF launches Sarcc to meet growing staff accommodation demand

Company will foster the Saudi private sector by enabling long-term investment and partnership along the industry's value chain

Schneider Electric launches new manufacturing facility in UAE’s Hamriyah Free Zone

New facility will manufacture and assemble AI-ready prefabricated modular data centers, supporting the UAE's 'Make it in the Emirates' strategy

Saudi Arabia, Egypt ink maritime connectivity agreement to enhance passenger transport and expertise exchange

The collaboration areas include yacht and marine passenger transport, plus passenger ferries

WTO anticipates gradual recovery in global merchandise trade despite geopolitical tensions, inflationary pressures

The organization highlighted disparities between GDP growth and merchandise trade performance

Dubai Silicon Oasis recognized as Middle East Free Zone of the Year for Innovation Zones

DSO celebrated four awards at the fDi Global Free Zones of the Year Awards

ADNOC, ENPPI partner to boost local industrial sector, create jobs for UAE nationals

Since its inception, ADNOC’s ICV program has created 11,500 jobs for Emiratis in the private sector

Ratan Tata dies at 86: An overview of his journey and success at Tata Group

Ratan Tata was appointed chairman of Tata Sons in March 1991

Dubai’s Empower signs agreement with Mitsubishi Heavy Industries to supply 100,000 RT chillers

The contract includes 18 energy-efficient water-cooled chillers with a total capacity of 56,250 RT, set for delivery in 2025