Economy Events Local February 26, 2025

Emsteel Launches 625 Million AED Asset Improvement Program

Emsteel has launched a 625 million AED asset improvement program to enhance production capacities and adopt advanced solutions for steel manufacturing in Abu Dhabi. This initiative aligns with the UAE's national strategy for industrial innovation.


Emsteel Launches 625 Million AED Asset Improvement Program

Between them, the development and production of high-quality solutions made of iron contribute to strengthening the position of the United Arab Emirates as a global leader in the field of production and industrial development. In Abu Dhabi, the "Imstil" group announced the launch of a program to improve asset activities with investments amounting to 625 million dirhams, aimed at increasing production capacities and implementing advanced solutions for iron production to meet the growing market demand. The asset improvement program aligns with the goals of the national strategy of 300 billion, focused on manufacturing and advanced technologies in the UAE, which aims to enhance innovation in the industrial sector and increase its contribution to stimulating the national economy. The first stage of the asset improvement program will focus on...