Latest news with #Operation300billion
Zawya
19-05-2025
- Business
- Zawya
Make it in the Emirates recognises EMSTEEL Group CEO as Inspirational Leader the Year
Abu Dhabi, UAE – Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, has been awarded the Inspirational Leader Award at Make it in the Emirates 2025, the UAE's premier manufacturing event. As the leader of EMSTEEL, the country's largest steel and building materials manufacturer, Al Remeithi's dedication to excellence has positioned the company as a key player in shaping the future of the UAE's industrial landscape. His strategic vision and commitment to innovation continue to drive growth, sustainability, and technological advancement in the region. The Inspirational Leader Award recognises Al Remeithi's transformative leadership, which has not only contributed to the success of EMSTEEL but also inspired the wider manufacturing sector. His achievements serve as a testament to the power of visionary leadership in driving progress and building a resilient industrial future for the UAE. The award highlights his pivotal role in uniting innovators, investors, and policymakers to create a thriving, competitive manufacturing ecosystem. 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:
Al Etihad
22-04-2025
- Business
- Al Etihad
Third edition of 'Make it in the Emirates Awards' entries extended to April 30
22 Apr 2025 19:22 ABU DHABI (WAM)The Ministry of Industry and Advanced Technology (MoIAT) has announced an extension to the submission deadline for the third edition of the Make it in the Emirates factories, and individuals across the UAE have until April 30, 2025 to submit their entries for national Make it in the Emirates Awards are a flagship initiative under the UAE's industrial strategy. They celebrate innovation, resilience, and excellence across the manufacturing and advanced technology awards are pivotal in supporting Operation 300 billion, the national strategy to grow the UAE's industrial sector to Dh300 billion by across nine categories and five strategic pillars, the awards highlight achievements in smart manufacturing, sustainability, innovation, in-country value (ICV), leadership & talent, and the preservation of traditional has partnered with the University of Cambridge to ensure the highest evaluation standards as the official Technical Evaluation Partner. The university will apply rigorous international best practices to support a transparent, impartial judging awards are organised under five main pillars: 1. Excellence in In-Country Value (ICV); 2. Factory of the Future: Sustainable Manufacturing Award, Smart Manufacturer Award, Excellence in Innovation Award; 3. Industry Enablers and Strategic Partners: Industrial Strategic Partner Award, Quality Award; 4. Leadership and Talent: Young Talent of the Year Award, Inspirational Leader Award; 5. UAE Traditional Crafts (for individuals and companies).The evaluation process will begin immediately after the deadline. Winners will be announced on Day 1 of Make it in the Emirates 2025, taking place from May 19-22 at ADNEC, Abu 2024, the awards attracted more than 670 submissions, with 13 winners recognised for advancing industrial resilience and innovation. Make it in the Emirates 2025, expected to be the largest yet will feature more than 500 exhibitors over 50,000 sqm of exhibition space, – underscoring the scale of the UAE's industrial transformation.
Khaleej Times
16-03-2025
- Business
- Khaleej Times
GCC logistics sector set to shine amid e-commerce growth
The logistics industry is set for a significant transformation in 2025, driven by key global shifts in digital commerce, advancements in last-mile delivery solutions, and a growing emphasis on sustainability. With global trade projected to grow by 3 per cent in 2025 , logistics remains a critical enabler of international commerce. E-commerce continues to accelerate, especially in the Gulf Cooperation Council (GCC), where the sector is expected to grow from $39 billion in 2023 to $50 billion in 2025 . 'This surge, fueled by a tech-savvy population and increasing smartphone adoption, is reshaping customer expectations for faster delivery, seamless returns, and greater convenience,' Kami Viswanathan, President of FedEx Middle East, Indian Sub-continent and Africa, told Khaleej Times in an interview. To enhance the delivery experience, FedEx has integrated WhatsApp notifications into its FedEx® Delivery Manager e-commerce solution. 'Additionally, with more consumers shopping online, our Picture Proof of Delivery feature enhances transparency by confirming that their package has been delivered to their doorstep, especially when they are not home to receive it,' she added. The Middle East is home to some of the fastest-growing economies globally, with the UAE serving as a vital logistics hub connecting East and West. The logistics sector is a key driver of economic diversification and facilitating cross-border trade, supporting national initiatives like the UAE's Operation 300 billion, which aims to increase the industrial sector's GDP contribution from Dh133 billion ($36 billion) to Dh300 billion ($82 billion) by 2031 . 'FedEx actively supports Dubai's D33 economic agenda, which is to double the size of the Emirate's economy by 2033 . A key milestone is our long-term investment of approximately Dh1.3 billion ($350 million) through infrastructure and technological advancements in our state-of-the-art Middle East, Indian Subcontinent and Africa hub at Dubai World Central (DWC) Airport. Today, the facility serves as the main regional hub, with 69 weekly FedEx flights connecting the UAE directly with major markets, including the US, Belgium, France, India, Hong Kong, Italy, South Africa, Kenya, China, and Singapore. By enhancing efficiency and accelerating shipment processing through this hub, FedEx plays a vital role in seamless global trade facilitation,' Viswanathan said. As part of its global workforce development initiative, FedEx has invested $100 million in the world's first FedEx Advanced Capability Community (ACC) in the Middle East, Indian Subcontinent and Africa region. 'In addition to boosting employment opportunities, it also contributes to the development of new capabilities and meeting the technological requirements of FedEx operations worldwide. Additionally, we also empower small and medium-sized enterprises (SMEs), with 90 per cent of our global supply contracts awarded to small businesses. Through these efforts, FedEx supports approximately 400,000 jobs worldwide, contributing to job creation and economic resilience,' Viswanathan said. Small and medium enterprises (SMEs) are the backbone of the UAE's economy, contributing over 63.5 per cent to the country's non-oil GDP . 'As trade evolves, SMEs need more than just logistics – they require strategic support to scale internationally. At FedEx, we act as trusted advisors, connecting SMEs to a world of possibilities through our global network, tailored services, and digital solutions,' Viswanathan said. In addition, FedEx is actively engaging SMEs across the region through its cluster programme, that helps SMEs across various sectors navigate international trade and expand their reach. Recent clusters included e-commerce businesses in the Sharjah Publishing City (SPC) Free Zone and SMEs based in Ras Al Khaimah Economic Zone (RAKEZ), Jebel Ali Industrial Zone, and Dubai Investments Park (DIP). FedEx is also investing significantly in automation, building one of the world's smartest networks in the industry. The FedEx hub at DWC features automated sort systems, handling up to 9,000 packages per hour, enhancing accuracy and speed in package processing and distribution. On the sustainability front, customers can access estimates of their carbon footprint on the FedEx® Sustainability Insights tool. 'Additionally, the EVs incorporated in our UAE fleet have zero-tailpipe emissions and, on a full charge, have a delivery capacity of 280 kilometers operational range. By integrating logistics with AI and digital intelligence, we are building smarter, more resilient supply chains,' Viswanathan said.
Zawya
05-03-2025
- Business
- Zawya
EMSTEEL and Emirates Red Crescent provide food essentials to 300 underprivileged families
In the spirit of Ramadan, EMSTEEL, the UAE's largest steel and building materials manufacturer, has partnered with Emirates Red Crescent to provide essential food packages to 300 underprivileged families. This initiative reinforces EMSTEEL's role as a pillar to its community, while embodying the values of generosity and compassion that define the holy month. H.E. Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, said: 'We are proud to be a pillar to the UAE in the 'Year of Community' by fostering unity and social responsibility in the holy month of Ramadan. As we come together to support underprivileged families, we embrace the power of collaboration with Emirates Red Crescent. Together, hand in hand, we aim to cultivate shared responsibility, while unlocking potential for inclusive and sustainable growth, for the benefit of all." 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, fueling the nation's most iconic projects. EMSTEEL is majority owned by ADQ, one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy. For more information, please visit our website:
