Latest news with #IntegratedIndustrialPartnershipforSustainableEconomicDevelopment
Daily Tribune
21-05-2025
- Business
- Daily Tribune
Industry Minister participates in Make it the Emirates Forum 2025
Abdulla bin Adel Fakhro, Minister of Industry and Commerce, participated as a keynote speaker in the fourth edition of the 'Make in the Emirates 2025' forum , organized by the Ministry of Industry and Advanced Technology of the United Arab Emirates, from 19 to 22 May, at the Abu Dhabi National Exhibition Centre (ADNEC). During his participation in the dialogue session held under the title 'Integrated Industrial Partnership for Sustainable Economic Development', the Minister elaborated on a set of paths Bahrain took to support smart manufacturing and enhance local content. Fakhro, met Dr. Sultan bin Ahmed Al Jaber, UAE Minister of Industry, where they discussed a number of issues of common interest.
Qatar Tribune
20-05-2025
- Business
- Qatar Tribune
MoCI takes part in 'Make it in Emirates Forum 2025', showcases Qatar's vision for regional industrial integration
ABU DHABI: During its participation in the Make it in the Emirates Forum, which kicked off in Abu Dhabi and scheduled to run through May 22, the Ministry of Commerce and Industry (MoCI) discussed the State of Qatar's efforts to bolster regional partnerships and advance sustainable industrial integration across the region. Undersecretary of the Ministry of Commerce and Industry HE Mohammed bin Hassan Al Malki took part in a panel discussion themed 'Integration of Global Supply Chains Amid International Industrial Alliances and Partnerships'. He emphasized that Qatar's National Manufacturing Strategy aligns with the UAE's vision to strengthen regional industrial collaboration, lauding the launch of the 'Industrial Partnership for Sustainable Economic Development' from Abu Dhabi in 2022 as a strategic platform to propel shared development. The partnership was launched with the membership of the UAE, Jordan, Egypt, Bahrain, and Morocco and was broadened with the joining of the State of Qatar and the Republic of Turkiye in early 2025, thereby establishing a collaborative framework to foster industrial integration among participating states and to advance the construction of a resilient and competitive economic landscape anchored in innovation and sustainability. He noted the integrated industrial potential of the member states, stressing the importance of unifying efforts in confronting global challenges and achieving regional leadership in supply chains and advanced manufacturing. This event is not merely a platform to showcase national industrial capabilities, but rather an effective mechanism to forge strategic industrial partnerships, foster innovation, and cement a solid infrastructure that serves the aspirations of the next generations, Al Malki underlined. Al Malki also highlighted two regional industrial ventures that exemplify the spirit of collaboration under the Integrated Industrial Partnership for Sustainable Economic Development. The first is a strategic partnership between Medgulf Construction Company of Qatar and the UAE's Future Pipe Industries, aimed at supplying 28,000 meters of fiberglass pipes for a regional infrastructure project slated for completion in January 2026. The second initiative is a long-term agreement between Qatar Steel and Bahrain Steel, valued at $1.266 billion, to deliver five million metric tons of raw materials over a five-year period, reinforcing the integration of supply chains and ensuring continuity in industrial production across the region. Furthermore, he shed light on the Qatar National Manufacturing Strategy 2024-2030, which seeks to build an industrial future anchored in a resilient and diversified base that contributes to the national objective of achieving a 4 percent annual GDP growth through 2030. The strategy aspires to position the State of Qatar among the world's top 40 countries on the Competitive Industrial Performance Index.
Arabian Business
14-02-2025
- Business
- Arabian Business
Dubai Investments' MoUs drive regional pharma, glass collaboration at Qatar Industrial Summit
Dubai Investments, a leading diversified investment company, said its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), signed Memorandums of Understanding (MoUs) during the 5 th Higher Committee Meeting of the Integrated Industrial Partnership for Sustainable Economic Development, held in Doha, Qatar. The agreements, supported by MoIAT (Ministry of Industry and Advanced Technology), align with regional efforts to accelerate industrial growth, enhance economic collaboration, and drive sustainable development across key sectors. As part of the expanding pharmaceutical collaboration within the region, GlobalPharma, a leading generics partner, signed an MoU with Morocco's Zenith Pharma. The agreement focuses on technology transfer, licensing, and local manufacturing of critical medications, including injectable biologics, cholesterol treatments, and diabetes solutions. With an investment exceeding $50 million, the partnership aims to bolster pharmaceutical security and enhance local production capabilities across member countries. Emirates Float Glass (EFG) signed an MoU to supply high-quality float glass to a regional manufacturing company specializing in glass and silver mirror production. Under the terms of the MoU, EFG will leverage its advanced production capabilities to ensure a steady and high-quality supply of glass, aligning with broader efforts to enhance regional supply chains and industrial self-sufficiency. The agreements, signed at the Integrated Industrial Partnership for Sustainable Economic Development attended by industry ministers from the UAE, Egypt, Jordan, Bahrain, Morocco, Qatar, and Turkey, marked a significant milestone, further expanding cross-border cooperation and investment.
Hi Dubai
13-02-2025
- Business
- Hi Dubai
Dubai Investments Signs Two Key MOUs as Part of MoIAT's Regional Industrial Partnership
Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), has announced that its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), have signed key Memorandums of Understanding (MOUs) during the 5th Higher Committee Meeting of the Integrated Industrial Partnership for Sustainable Economic Development in Doha, Qatar. The agreements, supported by the UAE's Ministry of Industry and Advanced Technology (MoIAT), aim to accelerate industrial growth, strengthen regional cooperation, and drive sustainable development across critical sectors. The high-profile event brought together industry ministers from the UAE, Egypt, Jordan, Bahrain, Morocco, Qatar, and Turkey, marking a significant step in expanding cross-border collaboration and investment. Mohammed Saeed Al Raqbani, General Manager of Dubai Investments Industries and Masharie, highlighted the importance of these agreements, stating, 'The signing of these MOUs reflects Dubai Investments' commitment to fostering industrial integration, strengthening regional supply chains, and driving sustainable economic development. By leveraging the expertise of our subsidiaries, we are contributing to the region's industrial growth and enhancing the competitive edge of our partners.' As part of the pharmaceutical sector's expansion, GlobalPharma, a key generics manufacturer under Dubai Investments, signed an MOU with Morocco's Zenith Pharma. The agreement, backed by an investment exceeding $50 million, focuses on technology transfer, licensing, and local production of critical medications, including injectable biologics, cholesterol treatments, and diabetes solutions. GlobalPharma was also recognized by attending ministers for its contributions to pharmaceutical research and development within the partnership. In the glass manufacturing sector, Emirates Float Glass (EFG) signed an MOU with a regional manufacturer in Bahrain to supply high-quality float glass for glass and silver mirror production. The agreement strengthens industrial integration between the UAE and Bahrain, ensuring a steady supply of raw materials and enhancing manufacturing efficiency. These strategic collaborations reinforce Dubai Investments' role in advancing regional industrial self-sufficiency and sustainable economic development. News Source: MSL
Zawya
13-02-2025
- Business
- Zawya
Dubai Investments signs 2 Key MoUs as part of MoIAT's Regional Industrial Partnership
Dubai, UAE: Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), announced that its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), have signed strategic Memorandums of Understanding (MOUs) during the 5th Higher Committee Meeting of the Integrated Industrial Partnership for Sustainable Economic Development, held in Doha, Qatar. These agreements, supported by MoIAT (Ministry of Industry and Advanced Technology), align with regional efforts to accelerate industrial growth, enhance economic collaboration, and drive sustainable development across key sectors. The meeting, attended by industry ministers from the UAE, Egypt, Jordan, Bahrain, Morocco, Qatar, and Turkey marked a significant milestone, further expanding cross-border cooperation and investment. Signing the MOUs on behalf of Dubai Investments, Mohammed Saeed Al Raqbani, General Manager, Dubai Investments Industries and Masharie, said, 'The signing of these MOUs reflects Dubai Investments' commitment to fostering industrial integration, strengthening regional supply chains, and driving sustainable economic development. By leveraging the expertise and capabilities of the Group's subsidiaries, we are not only contributing to the region's industrial growth but also enhancing the competitive edge of the Group's partners across key sectors.' As part of the expanding pharmaceutical collaboration within the region, GlobalPharma, a leading generics partner and a subsidiary of Dubai Investments, signed an MOU with Morocco's Zenith Pharma. The agreement focuses on technology transfer, licensing, and local manufacturing of critical medications, including injectable biologics, cholesterol treatments, and diabetes solutions. With an investment exceeding $50 million, the partnership aims to bolster pharmaceutical security and enhance local production capabilities across member countries. The commitment to industrial integration was further recognized during the event, as GlobalPharma was honored by the attending ministers for its significant contributions to pharmaceutical research and development within the partnership. In a move to reinforce industrial cooperation in the glass manufacturing sector, Emirates Float Glass (EFG), a well-known global leader in the float glass industry and a wholly owned subsidiary of Dubai Investments, signed an MOU to supply high-quality float glass to a regional manufacturing company specializing in glass and silver mirror production. This agreement strengthens the industrial integration partnership between the UAE and Bahrain, supporting manufacturing efficiency and raw material supply within the sector. Under the terms of the MOU, EFG will leverage its advanced production capabilities to ensure a steady and high-quality supply of glass, aligning with broader efforts to enhance regional supply chains and industrial self-sufficiency.
