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Yousef-Abdullah-Al-Benyan

CEO of Saudi Arabia’s Sabic, Yousef Abdullah Al-Benyan, resigns

By virtue of a royal decree, Al-Benyan was appointed as the kingdom’s new education minister

Saud Abu Al Shawareb is the executive vice president - Industrial Leasing at TECOM

How Dubai’s new R&D programme will strengthen UAE’s manufacturing sector

By tapping into the economic and partnership opportunities catalysed by the R&D programme, businesses can leverage technology to enhance operations and product development

copper ore

Saudi Arabia announces discovery of gold, copper ore in Madinah

Copper ore was discovered at four sites in the Al-Madiq area in the Wadi Al-Faraa region in Madinah

ADDED licences H1 2022

Abu Dhabi’s ADDED registers 136 new industrial licenses in H1 2022

The total number of active in-production licenses was 866 by end of June, according to the Industrial Development Bureau’s manufacturing report

Israel

Calev’s newsroom: How Israel and the Gulf are cooperating on defence

The growing level of cooperation has been set in motion by the Abraham Accords

Emirates Global Aluminium

UAE’s Emirates Global Aluminium reports $1.6bn in net profit for H1 2022

The company’s revenue for the first half of the year stood at $5bn, compared to $2.9bn in H1 2021

GE Digital

ADDED, GE Digital partner to accelerate digital transformation in Abu Dhabi’s manufacturing sector

Both organisations will adopt circular economy strategies to drive a more productive, advanced and innovative sector while reducing greenhouse gas emissions

TA’ZIZ, Reliance Industries Limited

UAE’s Ta’ziz, Reliance sign agreement for Ruwais chemicals project

These chemicals will be produced in the UAE for the first time creating new revenue streams and opportunities for local manufacturers

Abu Dhabi’s Al Seer Marine completes Dhs495m financing deal for VLGCs

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

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.

Getty Images

Dubai-based Tradeling partners with Hong-Kong’s electronics manufacturer Astrum

Tradeling will be the exclusive distributor of Astrum’s goods in the MENA region

UAE’s Al Seer Marine commences work on its first ‘very large gas carrier’

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

Plastic bags

Abu Dhabi to ban single-use plastic bags from June 1

The Environment Agency – Abu Dhabi will also phase out single-use styrofoam cups, plates and food containers by 2024

Dubai Science Park

Gabri Labs to invest Dhs18m in new manufacturing facility in Dubai Science Park

The 10,000 sq ft facility will begin with an initial production volume of 12 million units per year

Saudi’s Alpha Pharma and SAP sign deal for digital transformation partnership

SAP’s suite of solutions to deliver initial steps into wider digitalisation strategy

Emirates Global Aluminium reports $1.5bn in net profit for 2021

Revenue totalled $6.9bn in 2021, compared to $5.1bn in 2020

Borouge starts up fifth polypropylene unit in Ruwais

The new facility will increase Borouge’s polypropylene production capacity by more than 25 per cent to 2.24 million tonnes per year

ADNOC, Borealis hiring banks for IPO of plastics joint venture

Borouge manufactures plastics used in everything from automobiles and food packaging to medicine vials and piping systems

UAE’s EGA plans to build first aluminium recycling facility

Feasibility studies for the project are underway

Here’s how Microsoft aims to redefine the manufacturing industry in 2022

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

Emirates Global Aluminium, GE sign pact to cut greenhouse gases

The companies plan to develop a roadmap to cut emissions from the GE’s natural gas turbines

WenChao Group to set up Dhs735m food manufacturing facility in Dubai

Construction of the more than 950,000 sqft facility in Dubai Industrial City will start in the first half of 2022

85% of job seekers in UAE feel their roles can be performed remotely – survey

Nearly 21 per cent of job applicants also said that they had relocated since the start of the Covid-19 pandemic

UAE-based manufacturer AMI receives Dhs213m investment from Soudal Group

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

Arkan and Emirates Steel merge to create UAE’s largest steel and building materials company

Under key terms of the offer, Arkan issued to Senaat a convertible instrument, which converted into 5.1 billion ordinary Arkan shares

Explainer: Where is the UAE’s manufacturing sector headed?

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

Himalaya Factory at Dubai Industrial City

Himalaya to build Dhs120m herbal pharma plant in Dubai

The facility be geared to produce three billion tablets, 15 million syrup bottles and three million units of ointment annually

Dubai’s Al Khaleej Sugar gets go ahead to build beet factory in Spain

The company plans to start construction of the plant in Merida next year

Mubadala seeks over $20bn value for EGA in IPO

EGA is the Middle East’s biggest aluminium producer and is equally owned by Mubadala and Investment Corporation of Dubai

Abu Dhabi’s Agthia Group completes acquisition of Nabil Foods

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