Industry

EMSTEEL Group: A pillar of strength in the UAE’s global industrialization ambitions

The leading manufacturer is supporting the Emirates’ industrial sector and its economic vision

Hyundai and Saudi Arabia’s PIF launch $500 million car factory to produce EVs by 2026

PIF holds a 70 percent stake in HMMME, while Hyundai possesses the remaining 30 percent

Abu Dhabi’s EMSTEEL delivers $599 million in revenue for Q1 2025

Profit before tax was $25.6 million, with net profit after tax amounting to $23.4 million

Emirates Global Aluminium joins Make it in the Emirates 2025 as sector partner

EGA as contributed to the creation of more than 1,000 new jobs, fostered local entrepreneurship, and identified potential new UAE-based suppliers

Talabat posts robust Q1 2025 results with 34 percent revenue and EBITDA growth

Talabat's strong first-quarter performance was driven by solid topline growth and margin expansion across both GCC and non-GCC markets

UAE launches Make it in the Emirates campaign with major incentives for local manufacturers ahead of 2025 event

Campaign will offer a comprehensive suite of incentives for manufacturers including registration fee exemptions and free digital advertising

Dubai launches ICV program to boost local manufacturing, in line with Economic Agenda D33

The initiative will be implemented through TASHAROK, the Government of Dubai’s shared procurement program

BlackRock, IHC to launch $1 billion AI-powered reinsurance platform in Abu Dhabi

Platform delivers underwriting capabilities, powered by AI, to accelerate growth in the Gulf

Ukraine-U.S. minerals deal approved, economic boost expected

A joint investment fund will develop and extract Ukraine's mineral resources

Make it in the Emirates 2025 unveils agenda: Sustainability, AI, and advanced tech to take center stage

UAE's premier industrial event to highlight new procurement deals, financing, and job opportunities for Emiratis

Make it in the Emirates 2025 set to be largest edition, 94 percent booked for expanded 50,000 sqm event

Fourth edition expands to 12 sectors, driving growth and unlocking opportunities for development

GISEC Global 2025 explores AI’s role in secure infrastructures as cybersecurity market set to hit $298.5 billion

UAE Cybersecurity Council reports over 200,000 daily cyberattacks, highlighting urgent security needs

Saudi Arabia explores local aircraft manufacturing partnership with Airbus

Alkhorayef affirmed Kingdom's readiness to address Airbus's supply chain challenges by leveraging its vast mineral resources

Saudi Arabia, U.S. to sign landmark mining pact advancing Vision 2030

HRH Saudi Crown Prince Mohammed bin Salman chaired a Cabinet session highlighting this crucial partnership initiative

Dubai World Trade Centre’s top May events: Focus on crypto, tech and e-commerce

Discover key events in interior design, travel, media, and e-commerce this May

Visa introduces AI shopping agents powered by OpenAI, Microsoft

Visa CEO emphasized the need for secure AI-enabled payments in evolving commerce landscape

Abu Dhabi Infrastructure Summit to launch inaugural edition in June 2025

The summit aims to facilitate dialogue on critical challenges shaping the emirate’s built environment

New Russia-North Korea bridge to boost trade and tourism, enhance economic ties

Finalized during Putin's 2024 visit, the bridge project aims to boost cross-border movement

U.S.-Ukraine mineral deal signed between U.S. and Ukraine

The agreement allows Washington to access rare earth minerals in exchange for investment funds

World Utilities Congress 2025 to bring together global sector leaders in Abu Dhabi to tackle industry challenges

The congress will focus on integrating renewable energy sources and enhancing grid resilience in utilities

Dubai International Financial Centre (DIFC) posts 35 percent growth with gross written premiums of $3.5 billion in 2024

Surge highlights the center's pivotal role in the insurance sector amid global challenges

ADNOC Distribution, noon partner to optimize last-mile delivery with AI

New noon Minutes distribution centers at ADNOC service stations will reduce delivery times across the UAE

Dubai World Trade Centre (DWTC) generates $6.1 billion in economic output in 2024 from over 2 million attendees

Large-scale events generated AED2.9 billion in sales value, showcasing Dubai's vibrant economy