UAE’s Tawazun Council sets up freezone for military, security sector
Tawazun Council, the defense and security acquisitions authority for the UAE Armed Forces and Abu Dhabi Police, has established a free zone dedicated to the military and security sector in Tawazun Industrial Park. The free zone covers 2.8 square kilometers and has been established to commence operations related to defense and security industries and associated […]
Vertiv inaugurates new factory in Ras Al Khaimah
Vertiv, a global provider of critical digital infrastructure and continuity solutions, has espanded its factory in Ras Al Khaimah, to support its integrated modular solutions (IMS), low voltage switchgear and busway businesses. The latest addition will help the company proactively address the increasing demand for Vertiv products and services. This new facility will be strategic […]
Borouge secures two contracts worth $15m from UAE manufacturers
Borouge, the joint venture between Adnoc and Austrian chemicals producer Borealis, has secured two contracts worth Dh55 million ($15 million) to supply polyolefins to UAE cable maker Ducab and Union Pipes Industry, its partner-customers. The companies will use the polyolefins to produce energy and infrastructure applications needed to construct the Borouge 4 project in Ruwais, Borouge said on Tuesday. Ducab will […]
Stats Group wins big Abu Dhabi subsea pipeline project work
UK-based Pipeline technology specialist Stats Group said it has been commissioned by UAE-headquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC) to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project, on behalf of a national operating company. Stats said the project win is the […]
Kromberg & Schubert opens $82mln wiring plant in Fujairah
Kromberg & Schubert, a leading German manufacturer of complex wiring systems for the automotive industry, has announced the opening of its new AED300 million ($82 million) plant in Fujairah Free Zone. An international industrial company with more than 100-year history, Kromberg & Schubert is mainly engaged in the production of cable harnesses, and […]
ADNOC Refining secures new international partners, further enabling UAE’s Industrial Growth
ADNOC Refining, a joint venture company between the Abu Dhabi National Oil Company (ADNOC), Eni, and OMV, announced today that it has entered into a strategic agreement with ADQ, an Abu Dhabi-based investment and holding company, Veolia Middle East (Veolia), and Vision International Investment Company (Vision Invest) to acquire its waste management operations […]
Erith Group to set up industrial plant in Ras Al Khaimah
Dubai-based Erith Group has announced the establishment of an industrial-scale production plant of sealing products, Erith Industries, at the Al Hamra Industrial Area in Ras Al Khaimah, UAE, which will reduce and eliminate the need to import foreign sealing products and solutions and will eventually increase the export to other countries after meeting the domestic […]
Emirates Glass plans to expand footprint in the region
Having developed more than 70 different coated products, over 400 different glazing options and supplied about 27 million sq m of glass in the last 25 years, Emirates Glass, plans to expand in the GCC and the wider Middle East region. Celebrating 25 years in the glass business, Emirates Glass is currently executing projects across […]
Abu Dhabi-listed Fujairah Cement Industries gets nod to withdraw from Boursa Kuwait
UAE-based producer Fujairah Cement Industries is marking its last day of trading on Boursa Kuwait today. The company has already obtained the approval of Capital Market Authority-Kuwait for the voluntary withdrawal of its shares from the Kuwaiti stock market, according to a disclosure on the Abu Dhabi Securities Exchange (ADX). “November 30, 2022 will be […]
UAE-Egypt-Jordan industrial partnership paves way for ‘unprecedented cooperation’— Shamali
The comprehensive industrial partnership for a sustainable economic development initiative that Jordan, the UAE and Egypt signed on Sunday establishes “unprecedented cooperation” to realise economic integration in various fields, mainly at industry level, Minister of Industry, Trade and Supply Yousef Shamali said on Sunday. In a press statement following the signing ceremony, Shamali said that […]