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Broaden Energy to build Dhs1b hydrogen equipment complex

14 Jun 2024

The Abu Dhabi Department of Economic Development (ADDED) announced the signing of a Memorandum of Understanding (MoU) with Broaden Energy, a global leader in hydrogen energy solutions. Under this agreement,...

Adnoc boosts local manufacturing target to Dhs90 billion by 2030

27 May 2024

Adnoc announced on Monday at the “Make it in the Emirates” forum an increase in its local manufacturing target for critical industrial products in its procurement pipeline to Dhs90 billion...

Zambian firm opens Dhs130m facility at Dubai Industrial City

26 May 2024

In line with the Make it in the Emirates initiative, leading Zambian cable maker Neelkanth Cables has inaugurated its state-of-the-art manufacturing facility at TECOM Group’s Dubai Industrial City, among the...

Binghatti acquires steel manufacturing facility

12 May 2024

Inayat-ur-Rahmnan, Business Editor Dubai developer Binghatti has announced the acquisition of a state-of-the-art steel manufacturing facility in Dubai. The newly acquired steel factory marks a significant milestone in Binghatti’s commitment...

New centre unveiled in Sharjah to boost manufacturing and CPG

02 May 2024

Emirates Development Bank (EDB) together with Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) announced the launch of Sheraa’s Centre of Excellence (CoE) for Advanced Manufacturing...

US to grant Samsung up to $6.4b for chip plants

15 Apr 2024

The United States on Monday announced grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas. The award is the latest from...

Boat builders urged to prioritise sustainable manufacturing

25 Feb 2024

Gulf Today, Staff Reporter The world’s mega-rich and well-heeled luxury consumers are taking to the ocean like never before, but luxury yacht builders and makers of high-end marine crafts...

Firm’s UV-C technology aids in surgical safety

14 Jan 2024

Inayat ur Rahman, Business Editor In a groundbreaking announcement from MADA UV Company, acclaimed for its expertise in designing and manufacturing modern disinfection devices utilizing Ultraviolet sterilization technology, their...

European shares hit 23-month high on energy and bank boost

02 Jan 2024

European stock markets opened higher on Tuesday as traders bet on central banks cutting rates in 2024, oil prices gained after a naval clash in the Red Sea, and Chinese...

Construction of Dhs750 million aluminium facility commences

18 Dec 2023

Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and Kings Aluminium Industries on Monday announced the commencement of construction for a state-of-the-art...

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