
NMDC Group and Jiangsu Juxin Petroleum Steel Pipe ink agreement to explore collaboration - Middle East Business News and Information
MoU signed at Make it in the Emirates (MIITE), taking place between 19 to 22 May 2025 in Abu Dhabi.
Collaboration agreement forms part of the MIITE mandate to drive industrial growth in the UAE, and serves as a further example of UAE-China bilateral cooperation across energy and manufacturing.
Abu Dhabi, UAE: May 2025 – NMDC Group, a global leader in engineering, procurement, construction (EPC), and marine dredging (Abu Dhabi Securities Exchange: NMDC), has signed an Memorandum of Understanding (MoU) with Jiangsu Juxin Petroleum Steel Pipe, to explore areas of collaboration, with the long-term aim to establish fabrication facilities in the UAE for metallic pipes to be primarily used in the dredging sector.
Jiansu Juxin Petroleum Steel Pipe, who specialize in the manufacturing spiral and longitudinal seam welded steel pipes develop products that are applied in offshore windmill, bridge & port pilling, dredging, high-speed rail and subway deep foundation, steel structure and other project settings.
The partnership forms part of the MIITE mandate to drive industrial growth in the UAE, and serves as another credible example of UAE-China bilateral cooperation across energy and manufacturing.
Eng. Yasser Zaghloul, CEO of NMDC Group, said: 'Collaboration is not optional but necessary in the diverse sectors that NMDC Group operates in, and this is precisely why we're delighted to ink another cooperation agreement that we believe will bring about impactful outcomes. This agreement also demonstrates the attractiveness of the UAE's industrial base for international players, who come here in full knowledge that 'Making it in the Emirates' is a blueprint for success. At NMDC Group, our businesses power the UAE's industrial ambitions, and we're proud that our partnerships with global and local partners open the door to new areas of economic growth and diversification.'
Eng. Niels de Bruijn, CEO of NMDC Dredging and Marine, said: 'The strategic alliance between NMDC Dredging & Marine and Jiansu Juxin Petroleum Steel Pipe marks a powerful synergy, combining our unparalleled expertise in marine dredging and construction with their proven excellence in advanced steel pipe manufacturing. This partnership is set to deliver integrated, high-quality solutions for critical infrastructure projects worldwide, reinforcing our commitment to innovation and sustainable development within the marine and offshore sectors.'
At MIITE, NMDC Group is showing how its work serves as a catalyst in propelling the development of Abu Dhabi and how it bolsters the UAE's efforts to further shape its modern landscape and stimulate the local economy. The Group is announcing several strategic partnerships, and will also provide updates on its projects, particularly its work internationally where the Group has an active pipeline of activities in Saudi Arabia, Oman, Taiwan, and Vietnam, alongside its work in the UAE.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mid East Info
a day ago
- Mid East Info
Zayed Sustainability Prize Forum Shines at BEYOND Expo 2025, Championing UAE's Global Vision for Innovation and Impact
The UAE took center stage at BEYOND Expo 2025 in Macao as the Zayed Sustainability Prize Forum emerged as one of the event's most compelling highlights. Co-hosted by the Zayed Sustainability Prize—the UAE's flagship sustainability initiative—and the Sino-International Entrepreneurs Federation (SIEF), the Forum underscored the country's growing global influence in driving climate-forward cooperation and innovation. Held from May 21 to May 24, the Forum was themed 'Accelerating Impact: China's Innovation for Global Sustainability' and brought together a powerful coalition of global leaders, entrepreneurs, and innovators. Through keynotes, TEDx-style talks, fireside chats, and panel discussions, participants explored how capital, technology, and community leadership can scale real-world solutions to global challenges. Echoing the Zayed Sustainability Prize's social media message, the sessions emphasized collaboration, youth-led climate action, and inclusive growth—core principles that define the UAE's sustainability vision. From advancing solutions in health, food, energy, water, education, and climate action, the Forum demonstrated how strategic investment and global partnerships—hallmarks of the UAE's approach—can accelerate meaningful change. Speaking at the event, H.E. Sheikh Saoud Al Mualla, Consul-General of the UAE in Hong Kong, highlighted the breadth of UAE-China cooperation: 'UAE-China collaboration extends far beyond trade, including energy, logistics, financial services, agriculture, tourism, and space. In particular, the UAE and China enjoy a robust partnership in sustainable development. From landmark solar plants to wind energy demonstration projects, Chinese partnership has been integral to the UAE's remarkable clean energy transition.' Dr. Gang Lu, Co-Founder of BEYOND Expo said, 'The partnership with the Zayed Foundation Association embodies the spirit of collaboration and humanitarian impact that BEYOND Expo strives to foster. Together, we are not only driving innovation but also empowering communities to create a sustainable future. This alliance highlights how technology and philanthropy can unite to address global challenges and inspire positive change.' Since its inception in 2008, the Zayed Sustainability Prize has honored 128 winners, positively impacting over 400 million lives across six categories. Its impactful presence at BEYOND Expo reinforced the vital link between technology and sustainability, while strengthening UAE-China collaboration at a critical global moment. BEYOND Expo 2025: A Platform for Global Change Celebrating its fifth anniversary, BEYOND Expo 2025 drew over 25,000 visitors, 800+ pioneering companies, and 800+ investors to The Venetian® Macao's Cotai Expo, all aligned under the banner: 'Empowering Asia, Bridging the World.' A headline Opening Ceremony on May 21 featured Asia's leading tech innovators including Dr. Jian Wang, President, Zhejiang Lab & Founder, Alibaba Cloud, Carl Pei, CEO & Co-founder, Nothing, Dr. Burt Guo, CEO, Aerofugia, Zhaopeng Chen, CEO, Agile Robots SE Jingkang Liu, Founder, Insta360. The Expo also launched the BEYOND Founders Club, a dynamic new network of 30 elite entrepreneurs dedicated to sustainable innovation in Asia. Over 300 global thought leaders spoke across dedicated forums, including the Middle East-Asia Forum, AI Summit, BGlobal Summit, Asia-Europe Tech Forum, and Gen Z Founder Forum, reflecting BEYOND's reach as a hub of global dialogue.


Mid East Info
2 days ago
- Mid East Info
ROSHN Group Signs MoU with Singapore Cooperation Enterprise Under ROSHNEXT to Promote Real Estate Innovation
The visit is part of the ROSHNEXT innovation program, which is designed to develop human-centric experiences that accelerate growth, enhance collaboration, and establish new standards within the real estate sector. Meetings were also undertaken with leading innovators in academia and industry to exchange insights on applied research and development, explore ideas for workforce upskilling, and co-development innovation programs for the real estate industry. RIYADH,June 2025 – ROSHN Group, Saudi Arabia's leading multi-asset real estate developer and a Public Investment Fund (PIF) company, has signed a memorandum of understanding with the Singapore Cooperation Enterprise as part of its ROSHNEXT innovation program, aimed at exploring institutional partnerships, sharing best practices in urban governance, and identifying collaboration frameworks for improved master planning and commercial sourcing. The MoU was signed during a visit undertaken by ROSHN Group senior representatives to explore collaboration with Singaporean entities in the real estate industry. During the visit, the Group engaged with several of Singapore's government organizations, educational institutions, and businesses to share insights, promote collaboration, and initiate discussions around a long-term partnership to foster innovation between the two countries. ROSHN Group's senior representatives met with leading innovation leaders in academia and industry to exchange insights on applied research and development, explore ideas for workforce upskilling, and co-develop innovation programs tailored for the real estate sector. The Group also met with property technology organizations and developers to discuss innovations in end-to-end urban planning, engineering, and infrastructure delivery. 'At ROSHN Group and under ROSHNEXT, our innovation program, we believe Singapore's advancement in urban development present valuable opportunities for knowledge sharing and collaboration,' said Yassen Kattan, Chief Officer Strategy & Corporate Affairs of ROSHN Group. 'The visit and MoU with Singapore Cooperation Enterprise opens the door to long-term collaboration to push the boundaries of what is possible in terms of developing futuristic, human-centric developments, by enabling us to integrate innovation into the way we design, develop, and operate destinations that redefine modern living and contribute to Saudi Arabia's transformation into a knowledge and innovation-driven economy.'

Mid East Info
2 days ago
- Mid East Info
NMDC LTS concludes acquisition of 70% equity stake in Emdad - Middle East Business News and Information
The strategic acquisition has enabled NMDC to broaden its diverse portfolio and expand into oilfield services in the UAE Successful deal reflects favorable market outlook for the energy sector in the MENA region Abu Dhabi, UAE:June 2025 – NMDC Group announced that NMDC LTS, a wholly owned subsidiary of the Group, completed the acquisition of a 70% stake of the share capital and voting rights in Emdad, an integrated service provider specializing in the oil and gas, utilities, and industrial sectors. The transaction was financed through debt and equity. This strategic acquisition enables NMDC Group to expand into the OPEX segment of recurring revenues in the oilfield services, further diversifying its portfolio and strengthening its competitive advantage. In parallel, this acquisition will provide NMDC Group with a broader range of services and additional avenues for revenue growth, with Emdad's offering spanning over an array of different services, including well intervention, waste management, shutdown/ turnaround, coil tubing, valves, among other services. Emdad reported revenues in excess of AED600 million in 2024 and its equity stood at AED217 million. Eng. Yasser Zaghloul, CEO of NMDC Group, commented: 'We are happy to complete this landmark acquisition which marks the beginning of an exciting new chapter for both organizations. Emdad stands out as an industry leader with robust capabilities and deep sector expertise. By combining its strengths with NMDC's scale and commitment to innovation, we now have a powerful platform to unlock long-term value. With diversification at its core, this integration enhances our ability to deliver broader service offerings, create greater value, and drive sustainable growth for our clients, partners, and stakeholders across the dynamic energy landscape.' Mohammed Juma Al Bawardi, CEO of Emdad, commented: 'This milestone transaction underscores the sophistication and attractiveness of the UAE's energy sector as well as the trust that NMDC has in Emdad's position as a leading service provider in the market. We are confident that through this compelling partnership, where we are now plugged into the wider NMDC platform, we will be able to chart an exciting new journey of growth. Ultimately, this collaboration will unlock deeper value for our customers and help us to achieve our shared goals for sustainable success.' The update is another further step in NMDC's strategy to drive value creation, strengthen its regional presence, and support revenue growth. It marks a leap in NMDC Group's broader expansion and diversification goals, paving the way for future innovation and leadership in the energy sector. Advisory roles: NMDC Group: A&O Shearman (Legal counsel) and PricewaterhouseCoopers (Financial advisor) Emdad Shareholders: Clyde & Co (Legal counsel) and KPMG Lower Gulf (Financial advisor)