
TAQA Distribution and EMSTEEL to explore utilities framework and solutions for Abu Dhabi's future-ready industrial sector
Abu Dhabi, UAE – TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA), has signed a Memorandum of Understanding (MoU) with EMSTEEL Group, one of the largest publicly traded steel and building materials manufacturers in the region at the World Utilities Congress 2025 to explore the delivery of advanced, integrated utilities solutions across Abu Dhabi's growing industrial landscape.
As part of the MoU, TAQA Distribution will explore customized, end-to-end power and water network management—including rapid integration with existing infrastructure, cost-efficient maintenance, and mobilization of ready-to-deploy technical teams. With a solid track record of low service interruptions, TAQA Distribution ensures reliable utility supply to customers operating in strategic sectors, supporting critical industrial continuity.
The MoU was signed by Omar Al Hashmi, CEO of TAQA Distribution, and Eng. Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, in the presence of senior officials and industry stakeholders.
Omar Al Hashmi said: 'This partnership is yet another opportunity for us to support our partners in our core competencies of building up, operating and delivering scalable, high-reliability utilities infrastructure, by combining our proven operational excellence with EMSTEEL's industrial expertise, we're helping build the foundation for a more competitive, future-ready Abu Dhabi.'
Eng. Saeed Ghumran Al Remeithi added: 'This collaboration supports our ambition to boost industrial resilience and efficiency. TAQA Distribution's reliability and technical depth make them an ideal partner as we expand operations and enhance service capabilities.'
The MoU will see both parties explore joint opportunities in electricity and water network build and design, operations, and maintenance, further reinforcing the goals of the Abu Dhabi Industrial Strategy, which aims to inject AED 10 billion into the sector, double manufacturing output to AED 172 billion by 2031, create over 13,000 skilled jobs, and significantly increase non-oil exports.
TAQA Distribution is building a growing portfolio of strategic alliances in which it can support in its core competencies including a recent partnership with Abu Dhabi Global Market (ADGM) to roll out a digital utilities billing solution for Al Maryah and Al Reem Islands. Through its TQD+ platform, TAQA Distribution continues to offer bespoke utility services to support the infrastructure demands of Abu Dhabi's rapidly evolving communities.
For media enquiries: CorpComms@taqadistribution.com
About TAQA Distribution
TAQA Distribution is a subsidiary of Abu Dhabi National Energy Company (TAQA), responsible for the planning, operation, maintenance, and enhancement of electricity and water distribution networks. Serving 1.1 million end-user connections, the company delivers reliable, efficient, and sustainable utility services through an advanced and resilient infrastructure. With a strong focus on innovation, digital integration, and customer experience, TAQA Distribution plays a vital role in enabling smart energy solutions. The company is committed to supporting TAQA's broader vision of providing secure, clean, and affordable power and water, while contributing to the UAE's long-term sustainability goals. For more details on TAQA Distribution, please visit www.taqadistribution.com or follow us on social media: @TAQADistribution
For media queries, please contact: CorpComms@taqadistribution.com
About EMSTEEL
EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE's largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market and over 70 international markets with high-quality finished products, creating a one-stop shop for the manufacturing and construction sectors.
EMSTEEL is committed to contributing to the UAE's industrial strategy 'Operation 300 billion' by delivering market-leading products to support local industries, creating job opportunities for UAE Nationals, and enhancing its sustainable practices. The Group is a global leader in low-carbon steel production and is aligned with the UAE's Net Zero by 2050 Strategic Initiative.
Headquartered in Abu Dhabi, EMSTEEL operates 16 state-of-the-art plants, with a production capacity of 3.5 million tonnes of steel and 4.6 million tonnes of cement annually, fuelling the nation's most iconic projects.
EMSTEEL is majority owned by ADQ, an active sovereign investor with a focus on critical infrastructure and supply chains.
For more information, please visit our website: www.emsteel.com.
Hashtags

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


Arabian Business
5 hours ago
- Arabian Business
UAE grants music management licence as streaming market tipped to hit $2.3bn
The UAE Ministry of Economy granted its second collective music management licence to Music Nation during a ceremony held at its headquarters in Dubai. The licence authorises the organisation to manage the distribution of rights on behalf of music creators and performers, while also ensuring nationwide compliance among music platforms. It comes as the streaming market is tipped to hit $2.3bn by 2030 and musical artists and producers in the region look to monetise works. UAE music management The announcement was made during an event attended by Abdullah Ahmed Al Saleh, Under-Secretary of the Ministry of Economy, and Dr. Abdulrahman Hassan Al Muaini, Assistant Under-Secretary for Intellectual Property. The Ministry confirmed that the licence was issued in accordance with Federal Decree-Law No. 38 of 2021 concerning copyright and related rights. It marks the continuation of the Ministry's efforts to strengthen intellectual property frameworks in the UAE, following the first collective management licence awarded to the Emirates Music Rights Association in April 2025. Al Saleh said: 'Under the vision of our wise leadership, the UAE has placed strategic emphasis on enhancing the competitiveness of its cultural and creative industries, driving their growth both regionally and globally. 'Recognising their vital role in national economic growth, we are committed to fostering public-private collaboration to cultivate an enabling environment for talent and innovation. 'By elevating the creative economy's legislative framework to world-class standards, we aim to expand the private sector's participation in it, in line with the National Strategy for Cultural and Creative Industries 2031.' The Under-Secretary said: 'The Ministry remains committed to establishing a world-class copyright governance system, drawing on international best practices. We are achieving this through strengthening legal and regulatory frameworks, fostering investment in creative sectors, and implementing robust collective management systems. 'These measures safeguard intellectual property rights while building creators' trust in the nation's creative ecosystem.' 'The collective music management licence serves as a catalyst for cultural innovation while safeguarding artists' intellectual property rights. Through establishing transparent revenue distribution systems and fair compensation mechanisms, it elevates the UAE's music industry – enhancing its global competitiveness and positioning our nation as a premier hub for creative enterprises'. Al Saleh emphasised that awarding the licence to Music Nation marks a strategic milestone in the UAE's commitment to fostering creativity. The initiative unlocks new opportunities for artists, writers, and producers while strengthening rights protection and leveraging creative-economy tools – ultimately positioning the sector as a key driver of national economic growth. Dr. Abdulrahman Hassan Al Muaini said: 'Our music industry is witnessing remarkable growth, fuelled by an expanding ecosystem of creative enterprises and world-class events. Dubai alone boasts 350 live music venues, while the national streaming market generated $841.9m in 2024 – projected to nearly triple to $2.3bn by 2030. 'To sustain this momentum, the Ministry of Economy is prioritising robust legislative frameworks that will further catalyse the creative economy and foster artistic innovation. 'Building on last month's inaugural licence granted to the Emirates Music Rights Association, today marks another significant milestone with the official authorisation of Music Nation. 'We are actively collaborating with local and global partners, including industry associations and legal experts, to share best practices that drive sector growth. 'In tandem, we're expanding awareness initiatives to ensure artists, composers, and producers fully leverage these licences to protect both their creative works and financial interests.' Rasha Khalifa Al Mubarak, Chairwoman of the Board of Directors for Music Nation, said: 'Today marks a pivotal moment for the UAE and Music Nation. After years of careful planning, Music Nation is positioned to become a cornerstone of music licensing, empowering the Emirates' vibrant creative industry. ''As an Emarati, I am honoured to establish a world-class music rights infrastructure that not only elevates local artists to greater heights, but also showcases our rich musical heritage and cultural traditions to the world. 'In partnership with industry leaders BMI and SoundExchange, our cutting-edge technology and services will protect music rights holders and propel the UAE's music economy to new frontiers'.


Gulf Business
5 hours ago
- Gulf Business
PureHealth expands Daman into property and casualty insurance
Image: Supplied Leading hospital and health insurance group PureHealth has announced the strategic expansion of its insurance arm, Daman, marking its transformation from a health-focused provider into a comprehensive, multi-line insurer with entry into the high-growth property and casualty (P&C) segment. As part of this evolution, Daman will adopt a new legal name: The National Insurance Company – Daman, reflecting its broadened scope and strengthened position within the UAE's dynamic insurance landscape. The transition reflects Daman's broader mission to meet the evolving protection needs of individuals and businesses across the emirates by offering them a broader suite of insurance services. As the insurance arm of PureHealth and the UAE's leading health insurer, Daman's expansion into the P&C segment supports its vision to become a comprehensive insurance provider and aligns with the group's commitment to deliver holistic care and coverage throughout all stages of life. Expansion part of PureHealth's broader strategy Shaista Asif, group CEO of PureHealth, stated: 'Daman's evolution reflects PureHealth's broader strategy to create a fully integrated healthcare and insurance platform that drives better customer service and long-term value creation. Expanding into the Property and Casualty segment enhances portfolio diversification, supports risk management across sectors, and reinforces our commitment to shaping a future-ready ecosystem aligned with the UAE's economic and social development priorities.' Khaled Binshaiban Almheiri, chairman of The National Insurance Company – Daman, commented: 'For nearly two decades, Daman has set the benchmark for health insurance in the UAE. This evolution marks a pivotal chapter – expanding our focus to offer a broader range of insurance solutions while maintaining the same rigour, trust and customer-first mindset our members know and value. By protecting individuals, businesses and assets, we are proud to play a central role in supporting the UAE's vision for sustainable wellbeing and long-term economic resilience.' Daman provides health coverage to more than three million members Daman currently provides health coverage to more than three million members across a network of over 3,000 healthcare providers in the UAE. Backed by a resilient operational backbone, Daman brings together AI-powered underwriting, industry-leading efficiency in claim settlement, and a multilingual service delivery infrastructure to seamlessly support its expansion into new insurance verticals, without compromising its longstanding reputation for excellence. As per the Central Bank of the UAE (CBUAE), the total number of written insurance policies for all types of insurance within the UAE increased to 14.6 million policies year-on-year in 2023, compared to 8.4 million policies in 2022, due to a higher number of property and liability insurance policies. The UAE's P&C insurance market is poised for further accelerated growth, which is projected to reach nearly $16.8bn by 2031, according to Verified Market Research. In response to this growing demand, the company will continue to operate under the well-established Daman was named the best perceived health insurance brand in the UAE, according to the UAE Healthcare 2024 report from Brand Finance – a recognition that reflects its commitment to excellence and mission to cultivate a healthier community. This strategic growth plan reinforces PureHealth's broader vision to advance the science of longevity and deliver the promise of holistic care, from prevention to protection, through a connected health and insurance ecosystem.


Arabian Business
6 hours ago
- Arabian Business
Emirates to resume Dubai to Damascus flights
Operations were suspended to the Syrian capital in 2012, and the return of services follow a comprehensive evaluation in conjunction with the UAE General Civil Aviation Authority (GCAA). The airline will initially start with three weekly services on Monday, Wednesday and Sunday, with plans to expand to four weekly flights from August 2 with an additional flight on Saturday. Emirates Dubai to Damascus flights Emirates will expand its Damascus services to daily operations, effective October 26. Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group, said: 'Emirates is pleased to restart operations to Damascus and support Syria's road ahead by providing better choice and connectivity, essential economic links for inwards investment as well as opening new trade lanes and global market access for the country. 'Re-establishing air travel and connectivity is also good news for our customers that make up the expansive Syrian diaspora across the Americas, Europe and the GCC, who are eager to fly back home and reconnect to their roots, and leverage their knowledge, skills, expertise and resources in ongoing development efforts. 'We would like to thank the Syrian authorities for their support in strengthening connectivity between Dubai and Damascus and look forward to boosting links to and from the country through our regularly scheduled operations.' Emirates' services to Damascus will operate with a 302-seater Boeing 777-200LR. The flights will open up new opportunities for travellers to conveniently connect to and from the airline's network of nearly 150 destinations and will support the UAE's efforts to strengthen bilateral ties and support Syrian aspirations to rebuild and attract foreign investment across key sectors such as energy, construction and agriculture. Emirates commenced services to Damascus in 1988, and prior to suspending operations in 2012 the airline carried more than 2.1m passengers in and out of Syria. The airline currently flies to 13 cities in the Middle East/GCC, serving the region with a total of 191 weekly flights.