Latest news with #UAE-founded
Mid East Info
06-05-2025
- Business
- Mid East Info
Red Planet Redefines the Future of Food Security in the Region - Middle East Business News and Information
Red Planet, a UAE-founded company committed to redefining the future of food security and preservation, has officially launched its brand in the UAE, introducing a bold new vision in the region for long-lasting, nutritious meals made with advanced technology. The company harnesses cutting-edge freeze-dry technology to produce high-quality meals that remain fresh for up to 25 years, without the use of artificial preservatives, colours, or flavours. Strategically located to serve both local and regional markets, Red Planet produces a wide range of nutritious meals, including authentic Arabic dishes and flavours inspired by the distinct culinary traditions of the GCC region, all adhering to Halal standards. Jassim Al Nowais, Chief Executive Officer (CEO) of Red Planet, said: 'With the launch of Red Planet, we are bringing to life a vision that combines the UAE's spirit of innovation with a deep commitment to food sustainability. Our mission goes beyond innovation, it's about reinforcing regional food security, empowering humanitarian relief, and preparing for the challenges of tomorrow – from natural disasters to future space exploration missions. Looking ahead, we have set ambitious growth plans. Over the next five years, we aim to expand our operations, diversify our product offerings, and forge strategic partnerships with governments, humanitarian agencies, military organisations, and space industry leaders to drive food security worldwide.' Utilising advanced freeze-drying techniques that remove up to 95 per cent of moisture from food while preserving taste, nutritional value, and food safety, Red Planet's solutions are designed for daily consumption as well as emergency preparedness, providing enhanced convenience and long-term food security. Furthermore, its products are tailored to meet the diverse needs of critical sectors, including humanitarian organisations, the armed forces, space agencies, and other governmental agencies. The company's operational strategy focuses on maximising production efficiency while upholding the highest quality standards. Meals are crafted from fresh, naturally resources ingredients, meticulously freeze-dried to retain their natural flavours and nutrients, and packaged in specially designed packaging for optimal long-term storage. Each product undergoes rigorous testing to meet exacting standards for taste, safety, and durability. Additionally, Red Planet's robust maintenance protocols and efficient distribution systems ensure minimal downtime and reliable delivery of products across local and regional markets. With its official launch in the UAE, Red Planet is set to play a transformative role in the region's food security landscape and beyond, pioneering resilient and innovative food solutions that address both current and future challenges – proudly 'Made in the UAE for the World'.
The National
27-03-2025
- General
- The National
DAMAC helps UAE needy during a month-long campaign of Ramadan community initiatives
Holy month distribution drive designed to improve lives of disadvantaged individuals and families This page was produced by The National in partnership with DAMAC Group. DAMAC Group has bolstered its commitment to community welfare this Ramadan by partnering with Emirates Red Crescent to provide 10,000 meals and 5,000 'Kiswat Al Eid' clothing kits. The global conglomerate's Ramadan community initiative is designed to improve the lives of disadvantaged individuals and families during the holy month and is a continuation of an established strategy to support those in need. The distribution campaign took place on March 20 at Fatima Bint Mubarak Ladies Sports Academy, Abu Dhabi, and on March 21 at Hazza bin Zayed Stadium, Al Ain, and was designed to ensure that beneficiaries received essential support in time for their forthcoming Eid celebrations. A UAE-founded group of companies thriving in diverse industries, DAMAC's month-long Ramadan community support initiatives reflect its dedication to giving back. The campaign also reinforces the group's belief in generosity and compassion - values that are deeply embedded in the spirit of Ramadan. Hussain Sajwani, founder of DAMAC Group, said that by working alongside Emirates Red Crescent Society, his organisation continued to play a role in supporting those in need across the nation. 'At DAMAC, we believe in the power of community and the importance of sharing our blessings,' said Mr Sajwani. 'Through our collaboration with the Emirates Red Crescent, we strive to bring relief and joy to families and children, reaffirming our responsibility to uplift and support those in need.' Hamoud Abdullah Al Junaibi, secretary general of Emirates Red Crescent, said the authority appreciated DAMAC's 'generous contributions' and its 'strong commitment to humanitarian efforts'. 'Ramadan is a time of giving and solidarity, and initiatives like these are crucial in ensuring that communities receive the support they need," Mr Al Junaibi said. Beyond this impactful initiative, the Hussain Sajwani - DAMAC Foundation has continued its philanthropic efforts during Ramadan by supporting key charitable organisations. These include Al Noor Training Centre for People of Determination, Tareq Centre for Autism and Rehabilitation, Dubai Club for People of Determination, Rashid Centre for People of Determination, and the Senses Residential and Day Care for Special Needs. In what has proved a very beneficial season for good causes, Ramadan has seen DAMAC Al Khair activated for the second consecutive year. This tangible programme of generosity has seen iftar meals distributed to construction site workers. Operated in partnership with Dubai Charity Association, this admirable effort ensures that those who contribute to the city's growth and ongoing development are included in the spirit of giving during a special time that touches many nationalities. Meal distribution sessions took place at two major locations in Dubai - in Muhaisinah and Bur Dubai - thereby offering essential nourishment to workers during their long fasting hours. This initiative remains hugely relevant to DAMAC Properties, which has been at the forefront of the Middle East's luxury real estate market since 2002 and is a major employer shaping the UAE.
Zawya
25-03-2025
- Business
- Zawya
EMSTEEL, Yellow Door Energy to develop largest industrial solar PV rooftop project in UAE
ABU DHABI - EMSTEEL Group has announced a strategic partnership with Yellow Door Energy, the largest sustainable energy partner for businesses in the Middle East and Africa, to develop the largest industrial solar PV rooftop project in the UAE. The 31.5-megawatt-peak (MWp) solar power project will power EMSTEEL's facilities with renewable energy, reinforcing the Group's commitment to pioneering self-generating energy sources for sustainable manufacturing in the region. This strategic initiative is a key part of EMSTEEL's decarbonisation strategy implementation and aligns with the UAE's Net Zero by 2050 commitment. Under the agreement, Yellow Door Energy will finance, build, own, operate, and maintain solar panel installations across 40 EMSTEEL roofs in ICAD 1, Abu Dhabi. The project will comprise rooftop and carport solar installations, including high-efficiency solar panels, with bifacial panels used for carports to optimise clean energy generation. Upon completion, the project is expected to generate approximately 50 million kilowatt-hours (kWh) of clean electricity annually, offsetting approximately 16,000 metric tonnes of CO₂ emissions from our scope 2 emissions per year over the next 25 years. The 100 percent self-consumed renewable electricity will directly reduce energy costs and carbon footprint, furthering EMSTEEL's commitment to operational efficiency and decarbonisation. Saeed Ghumran Saeed Al Remeithi, Group CEO of EMSTEEL, stated, "Sustainability is at the core of EMSTEEL's strategy, and advancing our decarbonisation efforts is a key priority as we shape the future of sustainable manufacturing. This partnership with Yellow Door Energy marks an important step in implementing our recently published decarbonisation strategy, by expanding the use of renewable energy across our operations. "By integrating on-site solar power, we are reinforcing our leadership in industrial sustainability, contributing to the UAE's Net Zero by 2050 vision, and setting new benchmarks for renewable energy adoption in the UAE's steel industry." Jeremy Crane, Group CEO of Yellow Door Energy, said, "With a total capacity of 31.5 MWp, this project demonstrates the potential for solar to power our primary industries in the UAE. As a UAE-founded company, Yellow Door Energy remains committed to helping businesses reduce energy costs and decarbonise their operations." Construction is set to commence in 2025, with commissioning targeted for 2026. Yellow Door Energy will oversee the end-to-end development, ensuring seamless execution while eliminating upfront investment for EMSTEEL. This solar lease model enables EMSTEEL to enjoy the benefits of clean energy without operational risk, allowing the company to focus on its core business while advancing its sustainability objectives. As part of the overall Group's decarbonisation strategy, the company aims to achieve a 40 percent reduction in absolute greenhouse gas (GHG) emissions in its Steel Business Unit and a 30 percent reduction in its Cement Business Unit by 2030, using 2019 as the baseline year, with the ultimate goal of reaching net-zero emissions by 2050.
Zawya
25-03-2025
- Business
- Zawya
EMSTEEL and Yellow Door Energy partner to develop the largest industrial solar PV rooftop project in the UAE
Abu Dhabi, UAE – EMSTEEL Group (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, has announced a strategic partnership with Yellow Door Energy, the largest sustainable energy partner for businesses in the Middle East and Africa, to develop the largest industrial solar PV rooftop project in the UAE. The 31.5-megawatt-peak (MWp) solar power project will power EMSTEEL's facilities with renewable energy, reinforcing the Group's commitment to pioneering self-generating energy sources for sustainable manufacturing in the region. This strategic initiative is a key part of EMSTEEL's decarbonization strategy implementation and aligns with the UAE's Net Zero by 2050 commitment. Under the agreement, Yellow Door Energy will finance, build, own, operate, and maintain solar panel installations across 40 EMSTEEL roofs in ICAD 1, Abu Dhabi. The project will comprise rooftop and carport solar installations, including high-efficiency solar panels, with bifacial panels used for carports to optimize clean energy generation. Upon completion, the project is expected to generate approximately 50 million kilowatt-hours (kWh) of clean electricity annually, offsetting approximately 16,000 metric tons of CO₂ emissions from our scope 2 emissions per year over the next 25 years. The 100% self-consumed renewable electricity will directly reduce energy costs and carbon footprint, furthering EMSTEEL's commitment to operational efficiency and decarbonization. Engineer Saeed Ghumran Saeed Al Remeithi, Group CEO – EMSTEEL, stated: 'Sustainability is at the core of EMSTEEL's strategy, and advancing our decarbonization efforts is a key priority as we shape the future of sustainable manufacturing. This partnership with Yellow Door Energy marks an important step in implementing our recently published decarbonization strategy, by expanding the use of renewable energy across our operations. By integrating on-site solar power, we are reinforcing our leadership in industrial sustainability, contributing to the UAE's Net Zero by 2050 vision, and setting new benchmarks for renewable energy adoption in the UAE's steel industry.' Jeremy Crane, Group CEO – Yellow Door Energy, added: 'We are proud to partner with EMSTEEL on this solar lease agreement, enabling them to transition to clean energy while achieving significant cost savings. With a total capacity of 31.5 MWp, this project demonstrates the potential for solar to power our primary industries in the UAE. As a UAE-founded company, Yellow Door Energy remains committed to helping businesses reduce energy costs and decarbonize their operations.' Construction is set to commence in 2025, with commissioning targeted for 2026. Yellow Door Energy will oversee the end-to-end development, ensuring seamless execution while eliminating upfront investment for EMSTEEL. This solar lease model enables EMSTEEL to enjoy the benefits of clean energy without operational risk, allowing the company to focus on its core business while advancing its sustainability objectives. As part of the overall Group's decarbonisation strategy, the company aims to achieve a 40% reduction in absolute greenhouse gas (GHG) emissions in its Steel Business Unit and a 30% reduction in its Cement Business Unit by 2030, using 2019 as the baseline year, with the ultimate goal of reaching net-zero emissions by 2050. -Ends- 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:
