Malaysia’s Serba Dinamik signs agreements for vertical farming, oil and gas, construction projects in the UAE
Malaysia-based international energy services company Serba Dinamik Sdn Bhd (Serba Dinamik) announced on Monday that it has signed Memorandum of Agreements (MoA) in the UAE for vertical farming, infrastructure and property development, and integrated solutions for the oil and gas industry. The statement quoted the group managing director and chief executive Officer Dato’ Dr Mohd […]
UAE President receives Jordanian and Egyptian PMs
President His Highness Sheikh Mohamed bin Zayed Al Nahyan received today, Jordanian Prime Minister Bisher al-Khasawneh and Egyptian Prime Minister Mostafa Madbouly, who are currently visiting the UAE to sign ”Industrial partnership for Sustainable Economic Growth” among the UAE, Jordan and Egypt that its details will be announced on Sunday. During the meeting, held […]
EGA, GE sign deal to upgrade gas turbines
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, and GE Gas Power have signed an agreement to upgrade four existing GE 9F gas turbines at EGA’s Al Taweelah power plant. The upgrade will reduce greenhouse gas emissions intensity, and contribute to the achievement of the UAE’s Net Zero […]
AD Ports in tie-up to build pulp, paper products hub in Abu Dhabi
Aiming to transform Abu Dhabi into a leading pulp and paper products hub, AD Ports Group, the region’s premier facilitator of logistics, industry and trade has signed a strategic agreement with Alexander Global Logistics GmbH. As per the agreement, the two parties will work closely to establish and launch a transshipment hub dedicated to […]
Egypt’s PM follows up on strengthening industrial cooperation with UAE, Jordan
Egyptian Prime Minister Mostafa Madbouly followed up on the government’s efforts to strengthen cooperation with the UAE and Jordan in the industrial sector. The meeting was held on Sunday and attended by Minister of Trade and Industry, Nevine Gamea; Randa El-Minshawy, First Assistant to the Prime Minister; Mohamed Abdel Karim, CEO of Industrial Modernization Center; […]
EGA site recertified to Aluminium Stewardship Initiative
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside of oil and gas, today announced that its Al Taweelah site has been recertified to the Aluminium Stewardship Initiative’s Performance Standard for its sustainability performance. The Aluminium Stewardship Initiative brings together metals and mining companies, end-users of aluminium such as Apple and Nespresso, […]
Emirates Food Industries launches Hayatna a 100% emirati range of products
Emirates Food Industries (EFI) has launched Hayatna dairy products in UAE under its subsidiary National Dairy. National Dairy is an emirati company that offers a wide range of food products that are locally and internationally sourced and produced using the latest technology at the highest levels of industrial standards. Hayatna has a range of […]
Abu Dhabi-listed pharma Julphar more than doubles sales after turnaround plan
Gulf Pharmaceutical Industries (Julphar), one of the region’s biggest drug manufacturers, swung to a net profit in the first quarter of 2022 as sales more than doubled following a “strategic turnaround plan”. Net profit for the quarter reached 1.9 million dirhams ($517,000), compared to a loss of 29.2 million dirhams in the same period last […]
RAK Ceramics posts solid Q1 results, revenue surges to $231mln
RAK Ceramics, one of the world’s largest ceramics brands based in Ras Al Khaimah, has reported a total revenue of AED783.1 million ($213 million, up 8.3% over the same period last year despite the ongoing economic challenges weighing in namely on input prices, energy costs and supply chain. Announcing its financial results for the first […]
Dubal Holding, Nature Alu to set up UAE’s first HPA facility
Dubal Holding, the investment arm of the Dubai Government, has teamed up with Nature Alu (NA), the only North-American maker of high-purity aluminium, to set up the UAE’s first high purity aluminium (HPA) facility. The project will focus on the production of aluminium from grade 4N and above. A Memorandum of Understanding (MoU) was signed […]