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 […]
Rumailah Farm set to expand across UAE
“Our recent ventures to expand across the UAE are the result of years of hard work and dedication,” Abdullah Taleb, says, general manager, Rumailah Farm. “By maintaining the highest quality standards and sticking to our values, we’re quickly outstripping the competition.” Rumailah Farm made a name for itself with its flagship locations on the Fujairah […]
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 […]
Mubadala and US-based Resilience link up on biopharma manufacturing in UAE
Mubadala Investment Company, Abu Dhabi’s sovereign investment arm, and US-based National Resilience, a technology-focused manufacturer, have signed a biopharma investment deal that will boost the UAE’s life sciences sector. Through a development agreement, Mubadala will establish a new manufacturing plant in the UAE, which will be operated by Resilience to make biopharmaceutical-related products, Mubadala said in a statement […]
NPCC pens pipe deal with Al Gharbia Pipe Company
National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company (NMDC), has signed a purchase order agreement with Abu Dhabi-based Al Gharbia Pipe Company (AGPC) on the sidelines of ADIPEC 2022, the world’s most influential gathering for the energy ecosystem. The agreement entails the supply of 87 KMs of 34” Submerged […]
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 […]
Memphis Pharmaceutical’s approves loan from ADIB to settle $15.83mln debt
The board of directors of Memphis Pharmaceutical (MPCI) approved the financing package provided from Abu Dhabi Islamic Bank (ADIB) to settle the EGP 300 million debts of El-Gomhouria Company for Drugs, according to a statement published on September 14th. El-Gomhouria for Drugs’ debts have reached EGP 294.29 million so far. Memphis is one of […]
Emirates Global Aluminium to produce silicon metal in UAE
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced that the company is to develop a project to manufacture silicon metal in the UAE, securing supplies of a key raw material for ‘premium aluminium’. This will unlock the potential new industries in the UAE in line […]
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 […]
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 […]