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| A comprehensive guide
to current and future events and exhibitions in the UAE |
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Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
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Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
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Report by National US Arab Chamber of Commerce on the UAE. Vol XV, No 3, June 2007. Includes analysis of UAE economy. |
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THE ECONOMY - INDUSTRY
 Sharjah to have Dh120 million egg production project
Posted on 21/08/2008
The Sharjah Agriculture Development Corporation (SADC) has embarked upon a Dh120 million egg production project, which will occupy a total area of one million square foot. The project, to be executed in four phases over a period of two years at the Seeh Al-Lebsa area in Sharjah, will have a total output of 3,500 cartons of egg per day. According to Sheikh Faisal bin Khalid Al Qasimi, Proprietor and board chairman of the SADC, the project will help meet the local market demand and would, upon
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 UAE steel industry set for 235 per cent growth by 2012
Posted on 20/08/2008
The UAE steel industry is expected to grow by more than 200 per cent from the current levels by 2012, according to the latest market research report, UAE Steel Industry Analysis.
The UAE is one of the most promising steel markets in the GCC region, where production reached 1.7 million tonnes in 2006. A construction boom, cheap and reliable gas and energy supply besides geographical positioning are the major driving forces for the steel industry in the UAE. The report focuses on the growing
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 Tabreed revenue up 42% at Dh173.37m
Posted on 14/08/2008
National Central Cooling Co (Tabreed) announced revenues of Dhs173.37 million for the second quarter of the 2008 financial year, a 42-per cent increase over the second quarter of 2007. The company posted gross profit of Dh76.35 million for the period, up from Dh58.23 million in the 2007 quarter. Tabreed's net profit increased to Dh23.5 million as compared to Dh12.72 million in the same quarter in 2007 and total assets increased from Dh4.51 billion to Dh6.83 billion over the course of the
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 Borouge awards contract to Agility for Shanghai logistic hub services
Posted on 10/08/2008
Borouge, a leading provider of innovative, value creating plastics solutions, has yesterday awarded a service contract to Agility (Abu Dhabi) PJSC to build the Borouge Compound Manufacturing Unit (CMU) and Shanghai Logistics Hub in Shanghai, China, and to provide local logistics services for Borouge's customers in Asia for a duration of 10 years with effect from its operational start up date in 2010.
Following the contract win, Agility will undertake the design, development and subsequent
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![]() GE receives US$500m contract to supply power equipment for world's largest single-site aluminium complex
Posted on 31/07/2008
GE Energy has received a contract of more than US$500m to supply equipment to power the world's largest aluminium processing complex at a single site.
The Emirates Aluminium (EMAL) production facility is located close to the Arabian Gulf near Al Taweelah, Abu Dhabi, in the United Arab Emirates (UAE).
Using natural gas as its primary fuel, the power plant will feature Frame 9FA gas turbines, C7 steam turbines, heat recovery steam generators and condensers, all provided by GE Energy.
When
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 Abu Dhabi's Agthia reports 94% growth in net profits
Posted on 31/07/2008
Agthia Group P.J.S.C., a leading Abu Dhabi based food and beverages group (ADX: Agthia) reported record financial results for the first half of 2008.
The group reported 94% increase in net profits versus the first half of 2007 and 44% increase in sales over the same period last year.
Following are the key highlights of Agthia's financial results: For the six months to June 2008, Sales grew to Dh385 million from Dh267 million, representing a growth of 44% over the same period last year.
-Q2
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![]() Japan's Kawasaki Heavy establishes subsidiary in UAE
Posted on 31/07/2008
Tokyo - Kawasaki Heavy Industries Ltd. set up its first foothold in the Middle East and Africa with the announcement of its first subsidiary in Dubai, the United Arab Emirates, the company said on Wednesday. The move is designed to beef up the Japanese company's operations in the fast-growing Middle East and North Africa. The company is looking to expand operations beyond plants, ships and machinery to include transportation systems.
The Dubai unit, the company's first foothold in the Middle
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 DUBAL produces 10 millionth cumulative tonne of metal
Posted on 27/07/2008
Dubai Aluminium Company Limited (Dubal) - the world's seventh largest producer of high quality primary aluminium - has achieved a major production milestone, having produced its ten millionth cumulative tonne of hot metal mid-July this year.
The company, which next year celebrates its 30th anniversary, began operating with three potlines offering an initial production capacity of 135,000 metric tonnes per year at its inception in 1979. Eight years later, in 1987, the first million cumulative
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 DUBAL publishes first sustainability report
Posted on 24/07/2008
Demonstrating its commitment to responsible corporate citizenship, Dubai Aluminium Company Limited (DUBAL) - the world's seventh largest producer of high quality primary Aluminium - has published the company's first-ever Sustainable Development Report.
Designed to inform stakeholders about DUBAL's initiatives to safeguard the company's sustainability for the future, the report follows the internationally accepted guidelines detailed within the Global Reporting Initiative (GRI) Mining and Metal
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![]() Manufacturing sector grows 55% in five years
Posted on 17/07/2008
Growth in the UAE's manufacturing sector has jumped by 55 per cent since 2001 despite a decline in its overall contribution to the economy, latest government figures revealed. The contribution of the manufacturing sector to the gross domestic product (GDP) grew by more than half in the five years to 2006, according to findings by Dubai Chamber of Commerce and Industry. But the sector's share of the UAE's non-oil GDP dropped to 18.8 per cent in 2006 from 20 per cent in 2001.
Meanwhile, non-oil
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 Emirates Glass begins work on new Dh175m plant
Posted on 13/07/2008
Work on a Dh175 million state-of-the-art plant and headquarters for Emirates Glass LLC (EGL) has begun at the Dubai Investments Park, the company announced yesterday. EGL, set up in 1998, is a leading processor of architectural flat glass in the Middle East and a subsidiary of Glass LLC, wholly owned by Dubai Investments (DI). The new facility will also house Lumiglass Industries – a sister concern.
EGL is now nursing global ambitions, and eyeing a bigger pie of the international market for
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 ADBIC, Midal to build US$100 million aluminium rod plant in Abu Dhabi
Posted on 07/07/2008
Abu Dhabi Basic Industries Corporation (ADBIC), a leading industrial development company in Abu Dhabi, and Midal Cables Limited, one of the world's largest manufacturers of Aluminium rod and conductors, have signed a Memorandum of Understanding (MoU) aimed at establishing an Aluminium Rod plant in Taweelah, Abu Dhabi, with combined investment of approximately Dh368 million (US$100 million). The MoU was signed by Jamal Al Dhaheri, Senior Vice President Metals, ADBIC, and Hamid Al Zayani,
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 Tabreed reveals new business model to boost profitability
Posted on 30/06/2008
Tabreed, the Middle East's award-winning district cooling pioneer, will soon launch a major strategic revision to its existing business structure focusing on significant increase of future profitability. Tabreed will immediately form a new asset holding company into which existing assets will be transferred at a fair market value.
"We are pleased to announce that there is a new emphasis on profitability and shareholder returns. The new business model will allow Tabreed to fund its growth while
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 Ducab and IAT join hands
Posted on 25/06/2008
Ducab, the leading manufacturer of high quality power cables in the Middle East, signed a Memorandum of Understanding (MoU) with the Institute of Applied Technology (IAT). The agreement will further enhance the career prospects of students at the IAT. It will provide training services and vacancies within Ducab that are in relation to the range of accredited programs that are offered to IAT students.
Ducab's Managing Director Andrew Shaw, was present at the signing along with IAT's Managing
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![]() Oxo-biodegradable plastic additives to be produced
Posted on 17/06/2008
A UAE based company Eco-polymers has signed a contract with a British public limited company Symphony Environmental Ltd., appointing them exclusive distributors for Symphony's range of oxo-biodegradable plastic additives in the UAE. A factory will also be built to produce these products to meet the growing demand in the Middle East.
Eco-polymers is a new company and has been established in Dubai and Sharjah. Ordinary plastic and recycled plastic can now be made oxo-biodegradable and this is
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