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23/05/2025 02:32 AST
NMDC Energy, a provider of engineering, procurement and construction services for offshore and onshore energy clients, has signed a memorandum of understanding (MoU) with Al Gharbia, an Abu Dhabi-based advanced pipeline manufacturer, to explore ways to accelerate pipe production in the UAE to meet local and regional demand.
Al Gharbia is one of the most technologically advanced longitudinally submerged arc welded (LSAW) pipe manufacturers in the world and one of the first large scale manufacturers to embrace Industry 4.0, said a Wam news agency report.
More broadly, the partnership forms part of the MIITE mandate to drive industrial growth in the UAE, and it serves as another credible example of the increasing level of synergy between key local players in the UAE's industrial and energy landscape.
Ahmed Al Dhaheri, CEO of NMDC Energy, said: "As a diverse company operating in future-focused sectors, NMDC Energy always looks to uncover synergies that we know will bring about impactful solutions to address the evolving demands of these industries. As such, we're proud to build on our relationship with Al Gharbia in ways that will advance pipe manufacturing in Abu Dhabi to not only serve the UAE but also the entire region. This collaboration highlights the depth and sophistication of UAE home-grown businesses, specifically how our combined expertise is locally significant yet globally relevant."
At MIITE, NMDC Group & NMDC Energy are showing how their work serves as a catalyst in propelling the development of Abu Dhabi and how the businesses within the Group bolsters the UAE's efforts to further shape its modern landscape and stimulate the local economy.
The group is announcing several strategic partnerships, and will also provide updates on its projects, particularly its work internationally where the Group has an active pipeline of activities in Saudi Arabia, Oman, Taiwan, and Vietnam, alongside its work in the UAE.
Trade Arabia
17/03/2025
NMDC Energy (formerly National Petroleum Construction Company) has announced that it has received a letter of award worth AED9.7 billion ($2.6 billion) for a key energy project in Abu Dhabi.
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 24.34 | 0.01 (0.04 |
| ABAR | 170.00 | 0.00 (0.00 |
| ADNOCGAS | 3.36 | 0.01 (0.29 |
| ADNOCDRILL | 5.77 | 0.03 (0.52 |
| ADES | 14.98 | 0.13 (0.87 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
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