Latest news with #localmanufacturing
Zawya
3 days ago
- Business
- Zawya
Swedish ambassador visits ABB's manufacturing factories, commends local contributions, excellence
Ismail: We are proud of what these factories represent, a fully functional operation that delivers real value to Egypt's infrastructure and energy sectors. Kassem: Through our ABB factories in 10th of Ramadan City, we succeeded in enhancing and supporting local manufacturing. Cairo, Egypt – In a landmark move, the Swedish Ambassador to Egypt, Dag Juhlin-Dannfelt, visited ABB's factories in 10th of Ramadan City to celebrate ABB's 100 years of operations in Egypt. The visit showcased how ABB plays a powerful role in supporting local industry, driving sustainable practices, and building on the enduring Swedish-Egyptian partnership. The ambassador walked through the factories production lines and met with the team, observing the dedication and professionalism that define ABB's operations in Egypt. With Egyptian components making up as much as 79% of the factories' products, ABB boosts local manufacturing and commitment to creating meaningful opportunities for skilled Egyptian workers. This level of local integration underscores ABB's commitment to supporting national industry and building long-term capabilities within the country. The visit highlighted the strength of Swedish-Egyptian industrial cooperation, with the ambassador seeing clear parallels between the factories' operations and those in Sweden. Throughout the tour, Dannfelt noted the factories energy and meticulous attention to detail. The layout, workflow, and commitment of the staff mirrored Swedish industrial standards, reflecting ABB's successful integration of Swedish values into its Egyptian operations. The visit underscored the deepening ties between the two countries. The ambassador recognized the factories as a strong symbol of the growing bilateral collaboration in technology and manufacturing. During the tour, Ahmed Hammad, Chairman of ABB Egypt, welcomed the Swedish ambassador. After walking through the factories and discussing ABB's history and ongoing projects, Hammad shared his reflections on the occasion. 'ABB's century-long presence in Egypt is more than just a milestone—it's a story of growth, trust, and partnership,' Hammad said. 'We've built a legacy grounded in local talent, international standards, and shared values. 'We continue to invest in Egypt's future with the same energy and purpose that brought us here 100 years ago.' 'The visit by the Swedish Ambassador affirms the strength of our bilateral ties and highlights the value of long-term collaboration between Egypt and Sweden,' Hammad added. 'At ABB, we see this as a moment to reaffirm our role as a reliable contributor to Egypt's development and a bridge between two industrial traditions.' Sherif Ismail, Vice President-Commercial Director for ABB Egypt & Central Africa, also joined the ambassador during the visit. Reflecting on the significance of the day, he shared, 'This visit is more than a ceremonial moment—it shows the confidence our international partners have in what we've built here. The factories reflect years of hard work by a talented Egyptian team and a strong commitment to quality that mirrors ABB's global standards,' Ismail added. 'We are proud of what the factories represent, a fully functional operation that delivers real value to Egypt's infrastructure and energy sectors. It is a clear example of how local industry, backed by global experience, can deliver sustainable impact,' Ismail stated. Also, Eng. Abdallah M. Kassem, ABB Factories Manager, accompanied the ambassador throughout the factories tour, offering a detailed explanation of the site's operations and strategic importance. His insights provided the ambassador with an in-depth view of the factories' contribution to Egypt's industrial landscape. 'We are honored by the Ambassador's visit, which comes as part of the celebration of ABB's 100th anniversary in Egypt. During this time, we have succeeded in enhancing and supporting local manufacturing through the ABB factories in 10th of Ramadan City. 'We were able to obtain the Egyptian Local Component Certificate, thanks to achieving a 79% local component ratio in all electrical distribution products produced at ABB's factories in 10th of Ramadan City,' Kassem said. Since its launch in Egypt, ABB has become a powerful foundation in Egypt's infrastructure, utilities, and transportation sectors. The company continues to manufacture vital components locally, supporting Egypt's development with dependable, high-quality solutions. Also, the visit reflected ABB's alignment with Egypt's Vision 2030. The factories operate on a strong, center-based production as an example of a responsible, sustainable industry. ABB continues to work closely with the Egyptian state, contributing to national projects and providing efficient, locally made solutions that serve people and communities across the country. As ABB celebrates 100 years in Egypt, the company still focuses on growing the local industry. This ensures that investment windows are created for Egyptian talent and deepens the company's contribution to Egypt's future—all while honoring the values of its Swedish origins.
Zawya
4 days ago
- Business
- Zawya
Stadiums and Sports Innovation Summit KSA 2025 supported by Ministry of Investment concludes
Riyadh, Kingdom of Saudi Arabia: The Stadiums and Sports Innovation Summit KSA 2025, officially endorsed by the Ministry of Investment (MISA) and managed by Advanced Conferences & Meetings (ACM), concluded this week in Riyadh, reinforcing Saudi Arabia's momentum in becoming a global hub for sports and entertainment. The third edition of the summit was marked by a key milestone—the signing of a major Memorandum of Understanding (MoU) to enable the local manufacturing of stadium seating. This move supports the Kingdom's broader Vision 2030 goals of localising infrastructure, fostering innovation, and creating high-value employment. The MoU, signed between Ajyal Gulf, Omsi, and MISA, sets the foundation for developing a domestic manufacturing base for stadium seating in Saudi Arabia. The partnership aims to facilitate knowledge transfer, enhance industrial capabilities, and contribute to the sustainable growth of the sports sector. Speaking of the success of the event, Basim Ibrahim, Ministry of Investment Sport Investments Director, said: 'The Stadiums and Sports Innovation Summit KSA has grown into a vital platform that bridges ambition with execution in the Kingdom's sports and entertainment sector. This year's edition was especially significant—not just because of the high-level participation and robust dialogue, but because it delivered concrete outcomes, such as the MoU that advances local manufacturing of stadium infrastructure. We are proud to be part of Saudi Arabia's journey to become a global sports destination. The summit is where partnerships are formed, innovations are showcased, and the foundations are laid for the next generation of smart, sustainable, and fan-centric venues. We look forward to building on this momentum in the years to come.' Held from 19–20 May 2025 at Hyatt Regency Riyadh Olaya, the summit convened several key stakeholders—including senior government officials, developers, global investors, and technology providers. The second day of the Summit was marked by a standout keynote address by Saad Alshabi, Director of Digital Infrastructure Design and Implementation at the Ministry of Sport, who underscored the critical role of cross-sector collaboration in shaping the stadiums of the future. Attendees discussed future-ready infrastructure and strategic growth areas across topics such as smart stadium technologies and connected experiences, design and mixed-use developments, digital innovation, sustainable infrastructure, safety and fan engagement strategies as well as inclusion of women in sports, fitness and investment, partnerships, and localisation. They also heard from prominent players across the ecosystem—from sustainability leaders and AV innovators to global design and engineering experts. Antonio Ferrari, Director of RCF Engineering Support Group said, 'The Stadiums and Sports Innovation Summit is a great opportunity to meet professionals in the field and talk about the future of venue sound. At RCF, we're proud to be part of the conversation, bringing our experience in stadium audio and introducing new solutions like the GTX system.' Amani Al Moajil, Country Director of KSA Enova said, 'As Sustainability Partner for the Stadiums and Sports Innovation Summit, Enova was proud to help shape the conversation around creating future-ready sports infrastructure in the lead-up to the FIFA World Cup 2034. Our presentation showcased the role of integrated energy performance, digital innovation, and smart facilities management in driving both operational excellence and sustainability across stadiums and sports clubs. The summit reflected Saudi Arabia's strategic direction under Vision 2030—where innovation and efficiency are central to lasting impact.' This year's edition was supported by a stellar lineup of sponsors, partners, and exhibitors, including MultiTech, Weytec, Iotblue, apstec systems, Delta, Sunlighten Middle East LLC, Skywave, ESM, Enova, Asset, Gewiss, AlyafGeo, Limonta, RCF, Ajyal Gulf, Omsi, Hypercool, Climatech, Avixa, Pwc, Disguise, Saudi British Joint Business Council, Saudi Business Council, Ozone, and more. With over 15 new stadiums currently in development across Riyadh, Jeddah, NEOM, and Qiddiya, the Stadiums and Sports Innovation Summit KSA continues to serve as a cornerstone in the Kingdom's journey to delivering world-class infrastructure in the lead-up to landmark events such as the AFC Asian Cup 2027 and the FIFA World Cup 2034. For more information on the event and to view the full list of speakers, visit About Stadiums and Sports Innovation Summit KSA Stadiums and Sports Innovation Summit KSA is a premier gathering of industry experts, thought leaders, and innovators converging to shape the trajectory of sports and stadiums in the Kingdom. With a focus on innovation, technology, and sustainable development, this summit serves as a catalyst for transformative ideas and collaborations. This Summit provides a platform for fostering relationships, exchanging ideas, and exploring partnerships that will shape the future of sports in Saudi Arabia.
Khaleej Times
22-05-2025
- Business
- Khaleej Times
Adnoc's suppliers commit to invest Dh3 billion, create 3,500 jobs across UAE
Adnoc announced on Thursday that its partners across its supply chain commit to invest Dh3 billion ($817 million) in manufacturing facilities across the UAE. The announcement was made at the 'Make it in the Emirates' forum currently underway in Abu Dhabi. The facilities are located across Industrial City of Abu Dhabi (ICAD), Khalifa Economic Zones Abu Dhabi (KEZAD), Dubai Industrial Park, Jebel Ali Free Zone (JAFZA), Sharjah Airport International Free Zone (SAIF Zone) and Umm Al Quwain. They will create more than 3,500 highly skilled private sector jobs and manufacture a wide range of industrial products including pressure vessels, pipe coatings and fasteners. The facilities have been enabled by commercial agreements Adnoc signed with the companies under its In-Country Value (ICV) programme, which provides a platform for businesses to capitalise on Adnoc's diverse commercial opportunities as it delivers on its plan to locally manufacture Dh90 billion ($24.5 billion) worth of products in its procurement pipeline by 2030. Yaser Saeed Almazrouei, Adnoc executive director, people, commercial and corporate support, said: 'We welcome our partners' commitment to advancing local manufacturing through their investments in these state-of-the-art facilities which will strengthen the UAE's industrial base and create highly skilled private sector jobs. These investments reflect Adnoc's ongoing drive to support the 'Make it in the Emirates' initiative and localise strategic industrial capabilities through our In-Country Value programme. We look forward to working with our partners to ensure business continuity and unlock further opportunities for sustainable growth and economic diversification.' The facilities include newly operational sites, major expansions and investment commitments. The state-of-the art facilities are aligned with Adnoc's current and future procurement requirements, underscoring its support for the 'Make it in the Emirates' initiative. The announcement builds on the success of Adnoc's ICV programme, which has driven Dh242 billion back into the UAE economy and enabled 17,000 jobs for UAE Nationals in the private sector since 2018. Manufacturers, small and medium-sized enterprises (SMEs) and entrepreneurs are encouraged to explore the 'Make it with Adnoc' app, which provides businesses with visibility into the products Adnoc plans to purchase, offering a more streamlined and integrated procurement process.
Gulf Business
22-05-2025
- Automotive
- Gulf Business
ROX motor announces deal with W motors to produce NEVs in Abu Dhabi
Image: Supplied ROX Motor, a global luxury new energy vehicle brand, has announced a strategic partnership with W Motors, the UAE's leading high-performance vehicle manufacturer, to localise production and assembly of its vehicles in the United Arab Emirates. The agreement, signed at Make it in the Emirates (MIITE) 2025, marks a major milestone in enhancing regional manufacturing and supporting the UAE's industrial and sustainability goals. As part of this collaboration, 'This partnership accelerates our regional growth and aligns with the UAE's industrial strategies,' said Jarvis, founder and CEO of ROX Motor. 'Together with W Motors, we're building the future of sustainable mobility in the UAE and beyond.' Ralph Debbas, founder and CEO of W Motors, added: 'We're proud to lead the manufacturing of ROX 01 in Abu Dhabi. This collaboration enhances our ability to provide advanced contract manufacturing and supports the UAE's ambition to become a global automotive hub.' The partnership supports key national initiatives including Operation 300bn, Industry 4.0, and Net Zero by 2050, reinforcing both companies roles in shaping a sustainable and self-reliant automotive future for the region. In addition to local manufacturing efforts, ROX Motor has also signed an agreement with leading petrochemical company Borouge to explore joint R&D on advanced polyolefin materials for automotive use, further strengthening its localised supply chain and supporting the UAE's Operation 300bn strategy. Borouge collaboration brings advanced polyolefin innovation, enabling lighter, more durable interiors and exteriors tailored for everyday use – from bustling city streets to open desert.
Zawya
22-05-2025
- Business
- Zawya
ADNOC L&S contributes $272mln to UAE economy through In-Country Value in 2024
ABU DHABI - Captain Abdulkareem Al Masabi, CEO of ADNOC Logistics & Services (ADNOC L&S), highlighted the company's strategic role in advancing industrial excellence and empowering national capabilities, in line with the UAE's vision for economic diversification. Speaking to the Emirates News Agency (WAM) on the sidelines of the "Make it in the Emirates" forum, Al Masabi expressed pride in ADNOC L&S' inaugural participation in this leading national platform. He reaffirmed the company's commitment to supporting local manufacturing and fostering industrial innovation across the UAE. He revealed that ADNOC L&S has commissioned the construction of 31 vessels within the country. A move that has created over 300 jobs and significantly bolstered the UAE's industrial base. These vessels are currently deployed in transporting personnel, cargo, and providing offshore logistics support—underscoring the company's vital contribution to enhancing local production and operational resilience. He noted that in 2024 alone, the company contributed approximately AED1 billion in in-country value to the national economy, reaffirming its ongoing collaboration with local and federal entities to strengthen domestic manufacturing and industrial growth. Captain Abdulkareem Al Masabi emphasised that ADNOC L&S' contribution goes beyond economic growth—it also encompasses the integration of cutting-edge technologies and AI. He highlighted the company's leadership in this area through the implementation of the AI-powered SMARTi system. Developed in collaboration with AIQ, the joint venture between ADNOC and G42, the SMARTi system enables real-time monitoring, detection, and reporting of high-risk scenarios. It has proven highly effective in enhancing performance across health, safety, and environmental domains. Al Masabi also highlighted the company's investment in advanced remote-control forklift technology, noting that the software was developed and integrated by the Sinaha Technology directly onto ADNOC L&S equipment—demonstrating a successful collaboration in local innovation and smart industrial solutions. He added that ADNOC L&S' fleet includes vessels built locally, such as oil spill response vessels. These are critical assets in safeguarding the marine environment and ensuring operational safety. He highlighted that ADNOC Logistics & Services' collaboration with local shipbuilding companies stands as a strong testament to its commitment to advancing national industry and supporting domestic production. Partnerships with esteemed UAE-based firms such as Al Manzel Marine, Al Bawardi Damen, Abu Dhabi Ship Building, Grandweld, and Premier Marine Engineering Services reflect the company's strategic focus on modernising maritime infrastructure and strengthening local operational capabilities. Al Masabi highlighted that ADNOC L&S showcase of REGENT's innovative wing-in-ground effect seaglider at the "Make it in the Emirates" forum was a strategic move aimed at promoting its future local manufacturing. He described the seaglider as a cutting-edge hybrid vehicle that merges the capabilities of both a ship and an aircraft. Designed to significantly reduce carbon emissions, it represents a forward-looking solution to enhance the sustainability and efficiency of maritime transportation. Regarding workforce development, Al Masabi emphasised that ADNOC Logistics & Services' "People First" strategy reflects the company's deep commitment to nurturing a diverse and highly skilled talent pool. He noted that the company employs over 11,000 professionals, including more than 3,200 seafarers. He added that ADNOC L&S continues to empower Emirati talent and train the next generation of maritime professionals and industry leaders through hands-on, onboard training programmes. In 2024 alone, more than 136 trainees from 15 different nationalities participated in these programmes, with women representing nearly one-fifth of the cohort. Al Masabi reaffirmed the company's ongoing efforts to increase female representation and support the emergence of a new generation of women in maritime careers.
