Sharjah, UAE – The Board of Directors of the Sharjah Research, Technology and Innovation Park (SRTIP) convened for its fourth session, chaired by Sheikha Bodour Al Qasimi. During this high-level meeting, the board unveiled its strategy for the next phase of growth, building on the phenomenal achievements of the previous year that positioned SRTIP as...
Taiwan Semiconductor Manufacturing Co. (TSMC) has officially stated that it will not establish a manufacturing facility in the Middle East. This announcement came from Chairman and CEO C. C. Wei, who made it clear during the company’s annual shareholders’ meeting that the claims of a potential chip foundry in the United Arab Emirates (UAE) are...
ROX Motor has officially launched its operations in the UAE in collaboration with W Motors, marking a significant milestone as it will be the first time ROX vehicles are manufactured outside of China. This partnership aims to enhance the electric vehicle market in the region by producing new energy vehicles locally. The collaboration was announced...
Emirates Stallions Group (ESG) has announced a significant expansion of its operations in the Gulf Cooperation Council (GCC) through a 16-year agreement for the usufruct rights of 13 000 square meters of warehouse space in Saudi Arabia. This acquisition was disclosed in a press release and involves two warehouse facilities with areas of 7 448...
The UAE plans to invest over AED40 billion ($11 billion) in advanced manufacturing over the next five years. This initiative aims to establish the UAE as a center for advanced manufacturing and to accelerate the diversification of its economy away from oil dependence. Dr. Sultan Al Jaber, the federal minister of industry and advanced technology,...
Mira Aerospace has officially opened the first High Altitude Platform Stations (HAPS) manufacturing center in the MENA region, located in Abu Dhabi. This new facility aims to enhance the UAE’s sovereign aerospace capabilities and strengthen its leadership in the global HAPS market. The state-of-the-art center spans 4 500 square meters and is expected to produce...
Construction has officially started on Pure Ice Cream’s new AED 80 million production facility located at Dubai Industrial City. This facility is part of TECOM Group PJSC and represents a significant investment in the region’s manufacturing and logistics hub. The groundbreaking ceremony was attended by key figures, including Mohammed Shael Al Saadi, CEO of the...
The 4th UAE China Tyre & Auto Parts Expo 2025 is scheduled to take place at Expo Centre Sharjah from May 16 to May 18, 2025. This event promises to provide the regional market with direct access to China’s prestigious auto parts industry, known for its advanced manufacturing and swift technological innovation. A press conference...
Dr. Greiche Group has announced a substantial investment of EGP 500 million (approximately $9 million) to establish a high-tech automotive glass facility in 10th of Ramadan City, Egypt. This investment aligns with the country’s national strategy to localize advanced industries and address the domestic production gap, according to a press release from the company. The...
Arabian Fiberglass Insulation Company (AFICO), a subsidiary of Gulf Insulation Group and Zamil Industrial, has adopted Nanoprecise Sci Corp’s Energy-Centered Predictive Maintenance solution. This initiative makes AFICO one of the first manufacturing companies in Saudi Arabia to implement such advanced technology. The move demonstrates AFICO’s strong commitment to enhancing operational efficiency, driving technological innovation, and...