The growing level of cooperation has been set in motion by the Abraham Accords
The company’s revenue for the first half of the year stood at $5bn, compared to $2.9bn in H1 2021
Both organisations will adopt circular economy strategies to drive a more productive, advanced and innovative sector while reducing greenhouse gas emissions
These chemicals will be produced in the UAE for the first time creating new revenue streams and opportunities for local manufacturers
The funds will be used by Al Seer Marine to construct two VLGCs that have a capacity of 86,000 cubic metres, with LPG-fuelled propulsion machinery
The procedures will enable digital services, simplify business procedures, and reduce costs for investors and owners of industrial businesses in the UAE.
Tradeling will be the exclusive distributor of Astrum’s goods in the MENA region
Lucky Gas, Al Seer Marine’s first VLGC, is expected to be completed and delivered by March 2023, with work on the second VLGC scheduled to commence in May
The Environment Agency – Abu Dhabi will also phase out single-use styrofoam cups, plates and food containers by 2024
The 10,000 sq ft facility will begin with an initial production volume of 12 million units per year
SAP’s suite of solutions to deliver initial steps into wider digitalisation strategy
Revenue totalled $6.9bn in 2021, compared to $5.1bn in 2020
The new facility will increase Borouge’s polypropylene production capacity by more than 25 per cent to 2.24 million tonnes per year
Borouge manufactures plastics used in everything from automobiles and food packaging to medicine vials and piping systems
Feasibility studies for the project are underway
Connecting people, assets, workflow, and business processes will continue to be front of mind for us says Tareq Hijazi, public sector director at Microsoft UAE
The companies plan to develop a roadmap to cut emissions from the GE’s natural gas turbines
Construction of the more than 950,000 sqft facility in Dubai Industrial City will start in the first half of 2022
Nearly 21 per cent of job applicants also said that they had relocated since the start of the Covid-19 pandemic
The AMI-Soudal partnership is expected to grow their combined market share by 50 per cent in the Middle East over the next three years
Under key terms of the offer, Arkan issued to Senaat a convertible instrument, which converted into 5.1 billion ordinary Arkan shares
The recently announced Operation 300bn strategy is set to be a game changer in transforming the nation’s manufacturing sector, opines Nidal Haddad, founder and CEO, Al Bayader International
The facility be geared to produce three billion tablets, 15 million syrup bottles and three million units of ointment annually
The company plans to start construction of the plant in Merida next year
EGA is the Middle East’s biggest aluminium producer and is equally owned by Mubadala and Investment Corporation of Dubai
The acquisition marks Agthia’s first entry into the processed protein industry
The new facilities include office spaces as well as e-commerce logistics units and multi-client warehouses
The ‘Life Sciences and Vaccine Manufacturing in the UAE’ is a joint project by the Abu Dhabi-based Group 42 and China’s Sinopharm CNBG
The expanded plant doubles its production capacity to 18,000 tonnes per annum to enable Al Bayader to export its products
The strategy aims to increase the industrial sector’s contribution to GDP from Dhs133bn to Dhs300bn by 2031