logo
Mubadala, EGA, Strata to set up national research facility

Mubadala, EGA, Strata to set up national research facility

Trade Arabia19-11-2024
Abu Dhabi-based Mubadala Investment Company has joined hands with Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, Strata Manufacturing Company and Khalifa University of Science and Technology, a leading research-intensive higher education institution, have signed an agreement to develop the UAE's first-of-its-kind national laboratory and research programme including high temperature materials.
This state-of-the-art facility will be located at Khalifa University's Main Campus in Abu Dhabi and is expected to significantly expand high temperature materials research in the UAE both for practical applications in industry and academic study.
Currently, research in high temperature materials for institutions and the industries in the UAE can only be conducted abroad.
According to EGA, the goal is to build long-term strategic partnerships where academia and industry are proactively engaged and committed to success in collaborative and multidisciplinary advanced R&D efforts.
The company expects to use the laboratory and programme for practical research into refractories, carbon-based materials, anode baking furnaces, and waste.
Its research is expected to focus on capturing and recovering heat energy generated from the company's industrial processes, improving energy efficiency and reducing greenhouse gas emissions. In aluminium smelting, approximately half of all energy is lost as waste heat, it added.
Emirates Global Aluminium CEO Abdulnasser Bin Kalban said: "One of our core values is to continuously improve our business and operations through innovation. This new state-of-the-art laboratory and research programme will strengthen the UAE's position as a leader in industrial technology development and drive forward the country's Operation 300bn industrial growth strategy."
"For EGA, it means we can conduct even more of our practical research here in the UAE, solving challenges locally and contributing to the UAE's research capabilities. I look forward to some ground-breaking results from this collaboration," he stated.
Prof. Ebrahim Al Hajri, President, Khalifa University, said: "We are glad to see the enduring and fruitful relationship with EGA, Mubadala and Strata. Manufacturing remains cemented through the development of capability and capacity at Khalifa University. The trust of the industry in Khalifa University to provide localized solutions and adapt to their unique industrial challenges is a testament to the advanced and applied research competencies that the university offers."
"This achievement is a result of over a decade of collaboration with our industrial partners, which has enabled us to build capacity and gain a deeper understanding of industrial needs. Today, we are cementing that trust and confidence from the industry by localizing research, development, and innovation in the UAE," stated Al Hajri.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Arab Bank named "Middle East Winner" at The Banker's Technology Awards 2025
Arab Bank named "Middle East Winner" at The Banker's Technology Awards 2025

Biz Bahrain

time2 days ago

  • Biz Bahrain

Arab Bank named "Middle East Winner" at The Banker's Technology Awards 2025

The Banker magazine, owned by the Financial Times and based in London, named Arab Bank the 'Middle East winner' at The Banker's Technology Awards 2025, a recognition that celebrates excellence in financial innovation. The awards recognise the most innovative banks across the world for their digital banking initiatives that demonstrate creativity, measurable impact, and set new benchmarks for the fintech industry. Arab Bank was selected for this award following a comprehensive evaluation process by both internal and external judging panels. The selection was based on several key criteria, including the bank's local and regional impact, measurable performance results, and the bank's innovative approach to developing products and delivering tailored digital solutions that address evolving customers needs. This recognition comes as a result of Arab Bank's continuous efforts to offer the latest and most innovative digital banking services and solutions that caters to customer needs across the different sectors and markets. It also highlights the bank's vision for digital transformation and its continuous commitment to staying at the forefront of developments in the digital banking industry, contributing to the advancement of banking products and services. It's worth noting that The Banker Magazine, owned by the Financial Times and based in London, named Arab Bank as 'Bank of the Year in the Middle East for 2024'. Arab Bank also received the 'Best Bank in the Middle East 2025' award by New York-based international publication 'Global Finance', in addition to 24 local and regional awards in recognition of its corporate and consumer digital banking services in Jordan and across Middle East markets.

Appeals Court Allows BD20,000 Gulf Verdict To Take Effect
Appeals Court Allows BD20,000 Gulf Verdict To Take Effect

Gulf Insider

time2 days ago

  • Gulf Insider

Appeals Court Allows BD20,000 Gulf Verdict To Take Effect

The Supreme Civil Appeals Court has ruled that a BD20,000 judgment issued by a court in a Gulf country in a commercial dispute is enforceable in Bahrain. The decision came in response to a case filed by a Gulf-based businessman against a local contracting company over unpaid commercial transactions. The court overturned an earlier lower court ruling that had rejected the enforcement request on the grounds that the foreign judgment was not final. However, appeals judges found the ruling to be conclusive and binding, as the appeal window had passed. Lawyer Abrar Bukheet, representing the claimant, said her client had initially filed the case in his home country after a business dispute with the Bahraini company's owner. The foreign court ordered the defendant to pay nearly BD20,000 in penalties and outstanding dues. A retrial request was denied, prompting the claimant to seek enforcement through Bahrain's courts. The appeals court cited Bahrain's Civil and Commercial Execution Law, which allows enforcement of foreign judgments under reciprocal terms— provided certain conditions are met. These include confirming that Bahraini courts had no jurisdiction over the case, that due process was followed, the ruling was final, and it did not conflict with any previous Bahraini judgment. The court confirmed that the Gulf ruling met all requirements, including carrying the executory formula and the authority of res judicata. It accepted the appeal, overturned the lower court's decision, and approved enforcement of the foreign judgment within the Kingdom.

Dusit International expands Saudi portfolio with new dusitD2 resort in Al Ahsa
Dusit International expands Saudi portfolio with new dusitD2 resort in Al Ahsa

Syyaha

time3 days ago

  • Syyaha

Dusit International expands Saudi portfolio with new dusitD2 resort in Al Ahsa

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 8 August 2025 – Dusit International has signed a hotel management agreement with Al Ghadeer Group to operate dusitD2 Al Ahsa – a new upper-upscale resort in the heart of Al Ahsa Oasis, a UNESCO World Heritage Site in the eastern part of the Arabian Peninsula. The signing ceremony was held under the esteemed patronage of HRH Prince Saud bin Talal bin Badr Al Saud, Governor of Al Ahsa. Pictured (from left): Mr Shadi El Ghoneimi and Mr Omar El Ghoneimi, El Ghoneimi Architects; Mr Elias Maalouf, AVP Technical Services & Development – EMEA, Dusit International; Sheikh Bassem Al Ghadeer – Chairman Al Ghadeer Group; HRH Prince Saud bin Talal Al Saud, Governor of Al Ahsa Province; Mr Naif Al Madi, Chief Business Officer, Tourism Development Fund; Mr Ossama Al Hattami, VP – Hospitality, Dusit Saudi; Mr Gilles Cretallaz, Chief Operating Officer, Dusit International; and Mr Khaled Al Hattami, Chief Executive Officer, Dusit Saudi. The signing ceremony, held under the esteemed patronage of HRH Prince Saud bin Talal bin Badr Al Saud, Governor of Al Ahsa, was attended by notable dignitaries including Mr Naif Al Madi, Chief Business Officer of the Tourism Development Fund; Sheikh Bassem Al Ghadeer, Chairman of Al Ghadeer Group of Companies; and Mr Gilles Cretallaz, Chief Operating Officer of Dusit International. Located just 30 minutes by car from Al Ahsa International Airport and 90 minutes from Dammam, dusitD2 Al Ahsa is set amidst palm-fringed landscapes and dramatic mountain vistas. The resort will offer 120 spacious suites, ranging from one-bedroom to three-bedroom configurations, each with a private terrace and plunge pool, providing an elevated sense of privacy and relaxation. Designed by Cairo-based El Ghoneimi Architects, the resort's masterplan draws inspiration from the desert's timeless beauty, the nearby mountains, and the life-giving symbolism of the palm tree. Guests will enjoy a comprehensive range of premium facilities, including a wellness centre with private treatment rooms, meditation areas, and dedicated spaces for yoga and holistic healing; an elegant 1,500 sq m ballroom and expansive outdoor event lawn for weddings and large social or corporate gatherings; well-equipped meeting rooms for business travellers; a vibrant all-day dining restaurant; a lobby café offering light gourmet fare; a large outdoor swimming pool with an adjoining kids' pool; and a dedicated kids club providing engaging activities in a safe and stimulating environment. Surrounded by cultural and ecological treasures such as Al Qarah Mountain, Juatha Park, and the historic Qaisariah Souq, the resort is ideally positioned to serve as a gateway for domestic and international travellers seeking meaningful experiences and immersive stays amid the largest oasis in the world. 'This important signing reflects our strategic commitment to bringing Dusit's unique brand of Thai-inspired, gracious hospitality to key destinations worldwide and our dedication to delivering sustainable value for the communities we serve,' said Mr Gilles Cretallaz, Chief Operating Officer, Dusit International. 'We are delighted to partner with Al Ghadeer Group to create a destination that celebrates Al Ahsa's rich heritage and natural beauty while offering exceptional comfort, modern luxury, responsible design, and memorable experiences for guests of all ages.' Set to open in 2027, dusitD2 Al Ahsa underscores Dusit International's continued expansion in the Middle East, where the company currently operates nine properties and continues to explore opportunities to deliver holistic hospitality experiences across the region. It is the second Dusit-branded property confirmed for Saudi Arabia, following the upcoming opening of Dusit Princess Al Majma'ah, Riyadh, scheduled for Q4 this year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store