logo
JMJ Group opens lead-acid battery recycling plant in Qatar

JMJ Group opens lead-acid battery recycling plant in Qatar

Trade Arabia06-03-2025

Qatar-based JMJ Group Holding has announced the official inauguration of Nafees Batteries, a large-scale lead-acid battery recycling facility, in the country's Mesaieed region, thus setting a new benchmark for sustainable industrial development and circular economy solutions in the country.
The plant is designed to safely process used lead-acid batteries (ULABs) into lead alloy ingots, reducing environmental impact and supporting Qatar's long-term sustainability agenda, said JMJ Group Holding in a statement.
By transforming used lead-acid batteries into reusable resources, the facility will reduce hazardous waste, lower Qatar's reliance on imported materials, and promote energy-efficient industrial practices.
Nafees Batteries is a key addition to JMJ Group Holding's sustainability-driven industrial portfolio, building on the success of QD Recycling and further cementing the Group's commitment to green industrial solutions, it stated.
The launch event was officiated by Sheikh Jabor Bin Mansour Bin Jabor Bin Jassim Al Thani, Chairman & Managing Director of JMJ Group Holding, who formally switched on the plant's advanced machinery, marking the commencement of operations.
The opening event was attended by a gathering of VIP guests and stakeholders, including Adel Waly, Market Research Director at Manateq Economic Zones Company; Jassim Mohammed Al Emadi, Business Development Director at Manateq Economic Zones Company; Hamad Jassim Al Bahar, Director of Waste Management Department at Ministry of Municipality; Abdullah Jumaa Al Muraikhi, Assistant Undersecretary for Environment and Climate Change Affairs at Ministry of Environment and Climate Change; Arshad KK and Afraj KK, Directors of QD Recycling as well as Abdul Razzaque KK and Mr. Hamza KK, Directors of Al Shamal Group of Companies.
Speaking on the occasion, Sheikh Jabor said: "The launch of Nafees Batteries is a defining moment for JMJ Group Holding, reinforcing our leadership in sustainable industrial development. This facility is a testament to our commitment to innovation, environmental responsibility, and economic resilience."
"By transforming waste into valuable resources, we are not only reducing environmental harm but also strengthening Qatar's position as a leader in responsible manufacturing. Nafees Batteries reflects our vision for a future where industrial progress and sustainability go hand in hand, ensuring a more resilient and resource-efficient economy," he stated.
Riyas Kakkunnath, Managing Director of Nafees Batteries, said: "This facility is a pioneering step in Qatar's environmental journey. By repurposing used lead-acid batteries into high-purity lead alloys, we are significantly reducing waste, cutting carbon emissions, and ensuring a reliable supply of essential raw materials for key industries."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

BYD announces Qatar debut of SEAL 7 DM-i model
BYD announces Qatar debut of SEAL 7 DM-i model

Trade Arabia

timea day ago

  • Trade Arabia

BYD announces Qatar debut of SEAL 7 DM-i model

Mannai Trading, the exclusive dealer for top new energy vehicles maker BYD in Qatar, has launched its all-new model - BYD SEAL 7 DMi - at a special fleet event held at the BYD showroom in Doha. The event underscored Mannai Automotive's strategic focus on fleet electrification, positioning BYD as a key player in the commercial EV landscape in Qatar. It provided fleet managers with a unique opportunity to experience first-hand BYD's cutting-edge technology, innovation, and vision for the future of mobility, said the statement from the top vehicle maker. Guests were among the first to preview the all-new Seal 7 DM-i, alongside the showcased Qin Plus and Song Plus, highlighting the breadth and versatility of BYD's fleet offerings. The event brought together key fleet partners and stakeholders, who had the opportunity to experience the top EV company's new technologies and intelligent driving features. Attendees enjoyed a guided vehicle walk-around, providing hands-on briefings on vehicle specifications, performance, and connectivity solutions tailored for fleet businesses, said the statement. "At Mannai we are proud to lead the charge toward sustainable mobility in Qatar with the globally leading brand, BYD," said Rajesh Krishnan, President Automotive Group. "This event was a testament to our commitment to bringing world-class innovation and efficiency to our corporate partners through BYD," he added. Adding to the significance of the launch, Raymonda Jarjoura, Senior Brand Manager of BYD, said: "The introduction of the Seal 7 DM-i represented a new era of electrified fleet solutions. Its exceptional range, smart technology, and elegant design offer businesses a powerful tool to meet sustainability goals without compromising performance."

Trade war cuts global economic growth outlook, warns OECD
Trade war cuts global economic growth outlook, warns OECD

Daily Tribune

time4 days ago

  • Daily Tribune

Trade war cuts global economic growth outlook, warns OECD

AFP | Paris The OECD slashed its annual global growth forecast yesterday, warning that US President Donald Trump's tariffs blitz would stifle the world economy -- hitting the United States especially hard. After 3.3% growth last year, the world economy is now expected to expand by a 'modest' 2.9% in 2025 and 2026, the Paris-based Organisation for Economic Co-operation and Development said. In its previous report in March, the OECD had forecast growth of 3.1% for 2025 and 3.0% for 2026. Since then, Trump has launched a wave of tariffs that has rattled financial markets. 'The global outlook is becoming increasingly challenging,' said the OECD, an economic policy group of 38 mostly wealthy countries. It said 'substantial increases' in trade barriers, tighter financial conditions, weaker business and consumer confidence, and heightened policy uncertainty will all have 'marked adverse effects on growth' if they persist. The OECD downgraded its 2025 growth forecast for the United States from 2.2% to 1.6%. The world's biggest economy is expected to slow further next year to 1.5%. Trump, who has insisted that the tariffs would spark a manufacturing revival and restore a US economic 'Golden Age', posted on his Truth Social platform before the OECD report's publication: 'Because of Tariffs, our Economy is BOOMING!' The OECD holds a ministerial meeting in Paris on Tuesday and Wednesday. US and EU trade negotiators are expected to hold talks on the sidelines of the gathering after Trump threatened to hit the European Union with 50-percent tariffs. Rising risks The OECD slightly reduced its growth forecast for China -- which was hit with triple-digit US tariffs that have been temporarily lowered -- from 4.8 to 4.7% this year. Another country with a sizeable downgrade is Japan. The OECD cut the country's growth forecast from 1.1% to 0.7%. The outlook for the eurozone economy, however, remains intact at one-percent growth.

Bahrain firm powers UAE launch
Bahrain firm powers UAE launch

Daily Tribune

time5 days ago

  • Daily Tribune

Bahrain firm powers UAE launch

TDT| Manama Bahrain's fintech leadership is driving digital change in the UAE, with Bahrain-based Arab Financial Services (AFS) powering the launch of a fully app-based credit card solution in collaboration with Mawarid Finance. The new platform lets customers apply, receive, and manage credit cards instantly, without visiting a branch or signing a single form. Bahrain-built, region-ready The end-to-end solution, developed and enabled by AFS, marks a major milestone in the GCC's shift toward mobile-first financial services. Regulated by the Central Bank of Bahrain, AFS is playing a growing regional role in delivering seamless digital finance tools across borders. The app allows users to complete the full credit card journey - from application to approval to daily account management - directly from their smartphones. It eliminates the need for physical paperwork or in-person appointments and offers real-time access to spending data and account controls. Shariah-compliant and secure Mawarid Finance, the UAEbased Islamic finance group, partnered with AFS to design the solution to be both fully Shariah-compliant and aligned with modern security standards. Executives from both companies signed the agreement at a recent ceremony, underscoring their shared commitment to digital innovation. 'This platform reflects our commitment to making secure, efficient, and simple financial access a reality for our customers,' said Rashid Al Qubaisi, CEO of Mawarid Finance. AFS CEO Samer Soliman noted: 'Our partnership with Mawarid proves the strength of Bahrain's fintech sector in enabling advanced digital services across the region. It's a model of how traditional institutions and fintech can work together to deliver scalable, intuitive solutions.' Founded in Bahrain in 1984, AFS has become the region's leading digital payment solutions provider, with operations in Bahrain, Egypt, Oman, and the UAE. The launch with Mawarid adds to a growing list of projects where Bahrain-grown fintech tools are transforming user experience far beyond its borders.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store