#Industry

Saudi Arabia issues industrial 118 licences in Feb -GettyImages-1464744716-1

Saudi Arabia issues industrial licences worth SAR1.88bn in Feb

By the end of February, Saudi Arabia had a total of 11,757 factories either operational or under construction

Emirates Development Bank milestones in numbers GettyImages-124638324

In numbers: Emirates Development Bank’s role in boosting UAE’s economy

The development bank has set an ambitious target of providing Dhs30bn in financing support to 13,500 companies by 2026.

Abu Dhabi Private Sector contribution to the emirate's GDP GettyImages-679505802-e1708246886235

Abu Dhabi private sector sees robust growth, value hits Dhs338.9bn in 2023

The sector’s ongoing contributions to Abu Dhabi’s GDP were shared by ADDED and ADIO at the second edition of their Al Multaqa meeting held recently

Dr sultan ahmed al jaber on MoIAT milestones Image COP28

UAE industrial exports value rises Dhs70bn in 3 years: MoIAT

Dr Sultan bin Ahmed Al Jaber, MoIAT Minister, said Industrial exports have grown by 60 per cent in 2023, amounting to a projected Dhs187bn

UAE launches ambitious new intellectual property system

UAE launches ambitious new intellectual property system

In 2023, the UAE has witnessed growth in IP applications, with a 9.6 per cent increase in trademarks and a 29.5 per cent increase in intellectual work registrations

UAE launches industrial decarbonisation roadmap Image WAM

COP28: UAE launches industrial decarbonisation roadmap

The action plan set out in the roadmap will cut 90 million tonnes of carbon dioxide annually

EGA expects demand to drive aluminium prices

Top Middle East aluminium maker sees prices rising with demand

The company expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months

Ducab announces growth in revenue

UAE’s Ducab Group announces 19% rise in revenue in 2022

Ducab Group posted total annual revenue of $1.8bn

Emtelle, KEZAD ink build to suit deal with

UK’s Emtelle, KEZAD Group join hands to build $50m manufacturing facility

The production facility will be located on a 48,000 sqm land plot that will be leased under a build-to-suit agreement with KEZAD

UAE, Egypt, Jordan, Bahrain sign industrial deals worth $2bn

UAE, Egypt, Jordan, Bahrain sign industrial deals worth $2bn

The agreements were signed at the third Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development, held in Amman on February 26

How the Easa Saleh Al Gurg Group is getting future ready

Easa Al Gurg, group CEO of Easa Saleh Al Gurg Group, tells us how the group is committed to digital transformation and sustainability, and shares his vision for its future and views on leadership

MOFAIC, MoIAT to enable authentication procedures for UAE factories

The procedures will enable digital services, simplify business procedures, and reduce costs for investors and owners of industrial businesses in the UAE.

Explainer: Has hybrid working taken off in the GCC?

The types of roles that can be performed at 100 per cent remote mode are going to be more limited, opines Christos Adamantiadis, CEO, Marsh Middle East and Africa

UAE announces new initiatives, including visa changes and new data law

A new green visa has been launched to offer more flexibility to expats in the UAE

Gold holds biggest gain in three months

The global economic recovery has piled pressure on bullion this year

Abu Dhabi Ship Building wins Dhs3.5bn government contract for four patrol vessels

The Falaj-3 class is a highly flexible and versatile offshore patrol vessel used to carry out a wide range of missions.

Abu Dhabi’s Agthia Group completes acquisition of Nabil Foods

The acquisition marks Agthia’s first entry into the processed protein industry

DEWA to provide free charging to non-commercial electric vehicles in Dubai under new initiative

As of February 2021, the number of electric cars in Dubai has increased to 2,473

Four reasons why regional manufacturers must adopt AI

Automation and AI is helping drive a manufacturing resurgence in many regions, according to Microsoft

Four steps on how regional governments can elevate economic competitiveness

Government support is most effective when it is invested at a sector or industry level, creating enabling environments with well-designed regulations

Suez Canal reopens to traffic after giant ship is freed, operations to return to normal ‘within days’

Hundreds of vessels carrying everything from oil to livestock were forced to wait in line after the Ever Given became stuck in the canal

sabic

Saudi chemical maker SABIC expects recovery following loss

SABIC generated second-quarter sales of SAR24.62bn, down 29 per cent from the previous year

Landmark Enters Healthcare

The retail and hospitality conglomerate moves into the healthcare industry with the launch of medical clinics.

Emirates Begins Flights To Portugal

The new route could increase the number of tourists from the UAE to Portugal to more than 100,000.

ME Witnesses E-Commerce Boom

Online shopping is surging in the Middle East as local buyers get comfortable using credit cards over the internet.

Shariah Carbon Credits Planned

Islam could hold the key to turning around the Gulf’s dismal environmental record.