Latest news with #AbuDhabiIndustrialStrategy
Al Etihad
5 days ago
- Business
- Al Etihad
ADIO, Metal Park to establish Industry 4.0 Competence Centre in Abu Dhabi
29 May 2025 16:13 ABU DHABI (WAM) The Abu Dhabi Investment Office (ADIO), in partnership with Metal Park Investment ME Ltd, announced the establishment of a dedicated Industry 4.0 Competence Centre in Abu advanced technology hub will play a central role in accelerating the digitalisation of the metal manufacturing sector, supporting the emirate's ambition to lead globally in next-generation industrial centre reflects a shared commitment to enabling manufacturers with Industry 4.0 technologies, empowering businesses to thrive in an increasingly digital and data-driven industrial facility spans over five million square feet within Metal Park's purpose-built industrial zone in KEZAD, located approximately eight kilometres from Khalifa centre is exclusively tailored to the needs of the metal manufacturing value chain, offering specialised infrastructure and digital environments to enable rapid prototyping, pilot testing and scale-up for Industry 4.0 a gateway to Abu Dhabi's dynamic industrial ecosystem, the Competence Centre will provide a robust platform for the development, testing and scaling of technologies such as robotics, the Industrial Internet of Things (IIoT), predictive maintenance, digital twins, AI-enhanced production optimisation and autonomous centre will also serve as a centre of excellence for capacity building, equipping the workforce with the skills required to operate in a digitally-enabled industrial initiative aligns with the Abu Dhabi Industrial Strategy (ADIS), and the centre is poised to play a critical role in contributing directly to the strategy's objective of doubling the manufacturing sector's GDP contribution to Dh172 billion by Industry & Trade Officer at ADIO, Mohammad Al Kamali, said, 'Abu Dhabi is entering a new era of economic transformation where innovation, sustainability and advanced technology define our industrial future. This partnership with Metal Park exemplifies how ADIO empowers the private sector to scale globally competitive operations from Abu Dhabi.'Chairman of Metal Park, Saleh Shahrestani, added, 'The Competence Centre will be a cornerstone of technological progress in the regional metal industry. Together with ADIO, we are creating an enabling environment for industrial players of all sizes to develop, validate and implement cutting-edge solutions that augment Abu Dhabi's role as a leading global hub for advanced manufacturing.' Scheduled for completion in Q4 2025, the centre will support Abu Dhabi's transformation into a globally integrated, export-driven economy, offering investors direct access to strategic partnerships, world-class infrastructure and a progressive regulatory environment.
Mid East Info
27-05-2025
- Business
- Mid East Info
TAQA Distribution and EMSTEEL to Explore Utilities Framework and Solutions for Abu Dhabi's Future-Ready Industrial Sector
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. 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. 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.
Gulf Today
20-05-2025
- Business
- Gulf Today
Industrial sector a priority for the UAE, stresses Khaled
His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, attended the 4th Make it in the Emirates Forum, taking place at ADNEC Centre Abu Dhabi, on Monday. The event is organised by ADNEC Group and hosted by the Ministry of Industry and Advanced Technology in partnership with the Ministry of Culture, Abu Dhabi Investment Office (ADIO) and ADNOC Group. Sheikh Khaled toured the exhibition, and visited the pavilions of several international, national and local participating companies and entities showcasing advanced technology solutions tailored to accelerate growth in key industrial sectors and reinforce the UAE's position as a regional and global hub for future-ready industries. Sheikh Khaled Bin Mohamed underscored the UAE's commitment to developing industrial sectors as a cornerstone of sustainable development and a central pillar of economic diversification. He emphasised the importance of increasing the industrial sector's contribution to GDP in line with the National Strategy for Industry and Advanced Technology - Operation 300bn, and the Abu Dhabi Industrial Strategy, aiming to further enhance the competitiveness of vital industries and build an innovative, knowledge based and transformative economy. The 4th Make it in the Emirates Forum continues to position the UAE as a leading hub for industrial excellence and innovation by showcasing the investment opportunities within the UAE's competitive industrial ecosystem and the incentives offered by the national economy to foster strategic partnerships across priority sectors. During the visit, he was accompanied by Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology; Faisal Abdulaziz Al Bannai, Adviser to the UAE President for Strategic Research and Advanced Technology Affairs; Mariam Bint Mohammed Almheiri, Head of the International Affairs Office at the Presidential Court; Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development; Saif Saeed Ghobash, Secretary General of the Abu Dhabi Executive Council and Chairman of the Crown Prince's Office at the Abu Dhabi Crown Prince's Court; Humaid Matar Al Dhaheri, Managing Director and Group CEO of ADNEC; and Syed Basar Shueb, CEO and Managing Director of International Holding Company (IHC). Abdulla Bin Touq Al Marri, Minister of Economy, affirmed that the UAE has made significant strides in diversifying its national economy and strengthening its global and regional competitiveness, under the guidance of its wise leadership. As a result, non-oil sectors now account for 74.6 per cent of the country's real GDP. He highlighted that the industrial sector is one of the key drivers of economic growth and diversification and that it plays a pivotal role in achieving the national goal to double the country's GDP to Dhs 3 trillion by the next decade in line with the 'We the UAE 2031' vision. In this context, he said: 'The transformative industries sector contributed 11.3 per cent to the UAE's real GDP during the first nine months of 2024, reaching Dhs 149.4 billion, marking an increase of 2.3 per cent compared to the same period in 2023. Its contribution to the country's non-oil GDP exceeded 15 per cent during this period.' He continued: 'The sector is expected to contribute Dhs 193 billion to the national economy in 2024. By the end of 2022, it had attracted approximately Dhs 40 billion in foreign direct investment (FDI), accounting for seven per cent of the UAE's total FDI.' He affirmed that the 'Make it in the Emirates' platform reinforces the industry's role as a key pillar of national economic diversification and global competitiveness. He further highlighted the significance of continued collaboration between public and private sector entities to accelerate digital transformation across industries, supporting the development of a knowledge-based, innovation-driven economy while also driving sustainable economic development. The Minister of Economy noted that the Forum is a local and regional platform with growing influence in advancing global industrial growth. WAM
Gulf Today
19-05-2025
- Business
- Gulf Today
Abu Dhabi's industrial GDP up 23% to Dhs111.6 billion in 2024
The Abu Dhabi Industrial Strategy (ADIS) is supercharging the manufacturing sector and accelerating the economic diversification in the emirate. Since ADIS's launch in June 2022, the industrial GDP in Abu Dhabi grew 23 per cent from Dhs90.8 billion in 2022 to Dhs111.6 billion in 2024, and number of industrial enterprises rise 19.4 per cent from 925 to 1,104, said Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED). Participating in a panel discussion on the opening day of the 4th session of 'Make it in the Emirates', Al Zaabi highlighted the initiatives and programmes of the UAE and Abu Dhabi aimed at fostering an investment climate that accelerates industrial growth and unlocks long-term economic resilience. Al Zaabi added, 'The UAE has developed a robust ecosystem that attracts and empowers global talents and high-quality investments as reflected in the significant growth of FDIs in various sectors, including the industrial sector. He added that the UAE's industrial strategy has established the right frameworks to stimulate the industrial sector with a strong focus on enhancing resilience to address emerging trends, challenges, and rapid changes through various programmes including talent development, financing, ease of doing business, supply chains, ICV, sustainability, Industry 4.0, and attraction of foreign direct investments. 'We work closely with the Ministry of Industry and Advanced Technology (MoIAT) to contribute to 'Operation 300bn' aiming to raise the industrial sector GDP to AED300 billion by 2031 and align with the UAE's Net Zero 2050 Strategy,' he said. Al Zaabi explained that Abu Dhabi's manufacturing sector increased its contribution to 53 per cent of UAE's industrial GDP, which rose 6.6 per cent to AED210 billion in 2024. This is compared to a contribution of 51.3 per cent to the country's industrial sector in 2023 and 46 per cent in 2022. 'A key component of our soaring 'Falcon Economy', ADIS is strengthening Abu Dhabi's position as the region's most competitive industrial hub. It is guiding the manufacturing sector's transition to Industry 4.0 and the adoption of smart manufacturing's methods, techniques, and approaches,' he stated. Last year, Abu Dhabi's manufacturing sector remained the largest non-oil contributor to the emirate's GDP, accounting for 9.5 per cent of total GDP and 17.3 per cent of non-oil GDP. In Q1 of 2025, the industrial sector continued its growth with the number of new industrial licences rising 4.7 per cent t to 89 compared to 85 new licences in the corresponding period last year. The number of industrial licences moved from under-construction to production stage surged by 65 per cent to 33 compared to 20 in Q1 of 2024. Abu Dhabi's Falcon Economy is rapidly emerging as a global centre of advanced industries and technologies, building world-class hubs for finance, advanced manufacturing, AI, and New Energy. As part of its initiatives to capitalise on advanced technologies to address pressing needs and future-proof the economy, Abu Dhabi has been launching sector-specific clusters, including the Smart and Autonomous Vehicles Industries (SAVI), AgriFood Growth & Water Abundance (AGWA), and Health, Endurance, Longevity, and Medicine (HELM). Meanwhile the Statistics Centre - Abu Dhabi (SCAD) has released preliminary statistical estimates for Abu Dhabi's Gross Domestic Product (GDP) for 2024 in March, showing significant annual economic growth driven by the thriving non-oil sector. The 2024 GDP data highlights Abu Dhabi's sustained economic momentum, with total GDP and non-oil GDP reaching record values for the third consecutive year. The emirate's real GDP expanded by 3.8 per cent in 2024 compared to 2023, reaching an all-time high value of Dhs1.2 trillion, driven by the non-oil economy which recorded a strong growth rate of 6.2 per cent, marking its highest-ever annual contribution of 54.7 per cent to total GDP. This underscores Abu Dhabi's continued success in implementing economic diversification strategies and fostering sustainable, long-term growth. The non-oil sector remained the primary driver of economic momentum, with total non-oil GDP added value reaching Dhs644.3 billion, setting a record for the third consecutive year. Key sectors including manufacturing, construction, finance and insurance, information and communication, wholesale and retail trade, education, and health, achieved their highest-ever values, reflecting the emirate's commitment to industrial development, infrastructure investment, and human capital enhancement. Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said, 'The consistent, remarkable performance of the Falcon Economy in the past years is a testament to Abu Dhabi's forward-thinking economic strategies, progressive policies, and proactive responses to an evolving global landscape.' Since Abu Dhabi Industrial Strategy's launch in June 2022, number of industrial enterprises rise 19.4 per cent from 925 to 1,104
Al Etihad
19-05-2025
- Business
- Al Etihad
Abu Dhabi Industrial Strategy drives 23% sector growth, industrial enterprises up 19.4%
19 May 2025 12:50 ABU DHABI (WAM)The Abu Dhabi Industrial Strategy (ADIS) is supercharging the manufacturing sector, and accelerating the economic diversification in the ADIS's launch in June 2022, the industrial GDP in Abu Dhabi has grown 23 percent, from Dh90.8 billion in 2022 to Dh111.6 billion in 2024, and the number of industrial enterprises has rised 19.4 percent from 925 to 1,104, said Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED).Participating in a panel discussion on the opening day of the 4th session of Make it in the Emirates, Al Zaabi highlighted the initiatives and programmes of the UAE and Abu Dhabi aimed at fostering an investment climate that accelerates industrial growth, and unlocks long-term economic Zaabi said, "The UAE has developed a robust ecosystem that attracts and empowers global talents and high-quality investments, as reflected in the significant growth of FDIs in various sectors, including the industrial sector."He added that the UAE's industrial strategy has established the right frameworks to stimulate the industrial sector, with a strong focus on enhancing resilience to address emerging trends, challenges, and rapid changes through various programmes, including talent development, financing, ease of doing business, supply chains, ICV, sustainability, Industry 4.0, and attraction of foreign direct investment (FDI). "We work closely with the Ministry of Industry and Advanced Technology (MoIAT) to contribute to 'Operation 300bn', aiming to raise the industrial sector GDP to Dh300 billion by 2031, and align with the UAE's Net Zero 2050 Strategy," he said. Al Zaabi explained that Abu Dhabi's manufacturing sector increased its contribution to 53 percent of UAE's industrial GDP, with a 6.6 percent rise to Dh210 billion in 2024. This is in comparison to a 51.3 percent contribution to the country's industrial sector in 2023, and 46 percent in 2022.'A key component of our soaring 'Falcon Economy', ADIS is strengthening Abu Dhabi's position as the region's most competitive industrial hub. It is guiding the manufacturing sector's transition to Industry 4.0 and the adoption of smart manufacturing's methods, techniques, and approaches,' he 2024, Abu Dhabi's manufacturing sector remained the largest non-oil contributor to the emirate's GDP, accounting for 9.5 percent of total GDP, and 17.3 percent of non-oil Q1-2025, the industrial sector continued its growth, with the number of new industrial licences rising 4.7 percent to 89 licences, compared to 85 new licences in the corresponding period last year. The number of industrial licences moved from under-construction to production stage surged by 65 percent to 33, compared to 20 in Dhabi's Falcon Economy is rapidly emerging as a global centre of advanced industries and technologies, building world-class hubs for finance, advanced manufacturing, AI, and New Energy. As part of its initiatives to capitalise on advanced technologies to address pressing needs and future-proof the economy, Abu Dhabi has been launching sector-specific clusters, including Smart and Autonomous Vehicles Industry (SAVI), AgriFood Growth & Water Abundance (AGWA), and Health, Endurance, Longevity, and Medicine (HELM).
