Sharjah Sustainable City, a fully sustainable residential community developed by Sharjah Investment and Development Authority (Shurooq) in partnership with Diamond Developers, has partnered with the sixth edition of the Sharjah Entrepreneurship Festival (SEF) 2022 to showcase its journey towards developing the first fully sustainable community in Sharjah
Business & Management
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has signed a Memorandum of Understanding (MoU) with NAYAN, a leader in enterprise AI software, services, and applications to accelerate its Integrated Physical Security Platform (IPSP) focusing on video analytics for smarter, safer cities and enterprise infrastructure
AJ Steel, has signed an agreement with the integrated trade, logistics, and industrial hub of Abu Dhabi, Khalifa Economic Zones Abu Dhabi - KEZAD Group, for the development and operation of a large-scale steel pipe production facility in Abu Dhabi, to meet growing consumer demand
Under the agreement, AJ Steel will expand its current operations in KEZAD through the development of a plot covering close to 96,000 sq m, which will bring its total to 200,000 sq m of leased land under industrial use.
The signing, which took place at ADIPEC 2022, follows the recent launch of a new production line at AJ Steel at its factory currently in operation at KEZAD. It plans to enhance its production capacity from 0.5 million tonnes to 1.25 million tonnes by adding API-compliant steel pipe capacities from 1/2” to 20” sizes for oil & gas applications. Using state-of-the-art machinery and technology, AJ Steel ensures high-quality production meeting the stringent requirements of customers across the GCC, USA, Canada, the UK, Europe and Australia.
Mohamed Al Khadar Al Ahmed, CEO - Khalifa Economic Zones Abu Dhabi - KEZAD Group, said, “We welcome the continued confidence of AJ Steel in KEZAD Group, which reflects our steadfast commitment to driving business growth for customers through our integrated industrial offering and strategic position at the crossroads between East and West.
The ongoing success of AJ Steel in Abu Dhabi is a testament to the vision of our wise leadership to stimulate the growth of our nation’s industrial sector and position the emirate as a global trade hub. We look forward to being a part of their growth journey and future expansion plans.”
M Ismail, executive director, AJ Steel, said, “The strategic location of AJ Steel in Abu Dhabi coupled with ongoing focus of UAE Government through initiatives like “Make it in the Emirates” have been major contributing factors towards our trusted reputation for high-quality and innovative products across key global markets.
The agreement to expand our operations leverages the readiness of the land area available in KEZAD and will allow us to maximise the benefits of its fully integrated trade and logistics ecosystem to serve an even broader scope of consumers both in the UAE and the wider region.”