Alpha Dhabi enters wastewater treatment industry with majority acquisition in Metito Holdings
Alpha Dhabi Holding announced its acquisition of a majority stake in Metito Holdings, a global leader in the water and wastewater treatment industry, as per state news agency WAM. Pending regulatory approvals, this transaction marks Alpha Dhabi’s strategic entry into the water and wastewater treatment domain. The acquisition underscores the company’s commitment to diversifying its portfolio […]
KEZAD & Al Jazeera Steel breaks ground for Abu Dhabi’s 1st rolling mill
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the integrated trade, logistics and industrial hub of Abu Dhabi, and Al Jazeera Steel Products Co, has held the groundbreaking ceremony of the region’s first Rolling Mill with Rail production capability in Abu Dhabi. The groundbreaking marks the beginning of a new era of industrial development in the […]
UAE, Japan sign 23 deals during PM Kishida’s visit to Abu Dhabi
The UAE and Japan have inked 23 agreements and memoranda of understanding (MoUs) during the UAE-Japan Business Forum, which was held today. The agreements aim to bolster economic, trade and investment ties between the two countries in the fields of energy, industry, advanced technology, artificial intelligence, space, health, transport, environmental conservation and circular economy. […]
Strata and SABCA expand collaboration on A350-1000 flap fairings
Strata Manufacturing PJSC (Strata) and SABCA have signed a new contract for the manufacturing and assembly of the A350-1000 Flap Support Fairings. This achievement broadens the already-existing A350-900 Flap Support Fairing long-term relationship between Strata and SABCA and confirms the strength of the partnership between the two companies and the commitment to delivering high-quality components […]
Emirates Steel Arkan Q1 net more than doubles to $41.45mln
UAE – Emirates Steel Arkan, the largest publicly traded steel and building materials company in the UAE, has seen its first-quarter (Q1) net profit shoot up 110% to AED152.2 million ($41.45 million). This is compared to a net profit of AED72.6 million in the first three months of 2022. The strong performance in Q1 2023 […]
Krohne to unveil innovative products at World Utilities Congress
Krohne, a global manufacturer and supplier of solutions in industrial process instrumentation, is set to showcase its innovative thought process and precision engineered product portfolio at the upcoming World Utilities Congress 2023 to be held in Abu Dhabi. An increasingly important platform in the global arena of power, water and nuclear discussions, World Utilities Congress […]
EGA joins Australia-based research centre to collaborate on decarbonisation of alumina refining
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, has joined Australian research centre HILT CRC to support study into the decarbonisation of alumina refining. HILT CRC (Heavy Industry Low-carbon Transition Cooperative Research Centre) is working on technological breakthroughs in the decarbonisation of the steel, iron, alumina and cement industries. […]
Abu Dhabi-based Borouge’s new polyolefins complex in Ruwais to start operations in 2025
Abu Dhabi-based Borouge has said that its ‘Borouge 4’ polyolefins complex in Ruwais is set to begin operations in 2025 and work is progressing as planned. Borouge manages the project, which is co-owned by UAE’s ADNOC and Austria’s Borealis, the company said in a statement. The complex will add 1.4 million tonnes of polyethylene capacity, […]
$54.49mln manufacturing facility announced at Dubai Industrial City
Silver Line Gate Group (SLG) is constructing a new manufacturing, warehouse and corporate offices facility, spanning 1.37 million sq. ft., at Dubai Industrial City, a member of TECOM Group. The AED200 million manufacturing facility is set to open in Dubai Industrial City in 2025 to bolster the UAE’s commitment to building a self-reliant food security […]
UAE-based NWTN begins trial operations at its EV plant in Abu Dhabi
UAE-based mobility technology company NWTN is in the final phase of installing equipment and conducting trial operations after completing the construction of its electric vehicle (EV) assembly facility in Abu Dhabi, the company announced on Monday. The facility has now obtained the required EV production and sales license issued by the UAE government, the first […]