Search Site

Trends banner

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

German industries explore investment opportunities in UAE

The Ministry of Industry and Advanced Technology introduced delegates to the "Make it in the Emirates" campaign. (WAM)
  • From the UAE side, representatives from ADNOC, Abu Dhabi Department of Economic Development, Abu Dhabi Investment Office, and TAZIZ were present.
  • The delegates also discussed the future of supply chain opportunities in a post-pandemic world.

ABU DHABI, UAE – Some of Germany’s leading industrial companies participated in a roundtable event hosted by the UAE Ministry of Industry and Advanced Technology at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022.

Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology, delivered a presentation on the UAE’s FDI value proposition on Wednesday.

He introduced delegates to the “Make it in the Emirates” campaign, an open invitation to industrial houses, investors, innovators and entrepreneurs to benefit from the UAE’s exceptional value proposition.

Representatives from ADNOC, Abu Dhabi Department of Economic Development, Abu Dhabi Investment Office, and TAZIZ also delivered presentations ahead of a general discussion between delegates.

Delegates also discussed the future of supply chain opportunities in a post-pandemic world.

Attendees included representatives from organizations including Antares Datensysteme GmbH; BASF Middle East Chemicals; Beckhoff Automation GmbH & Co. KG; ELMESS-Thermosystemtechnik GmbH & Co. KG; German Emirati Joint Council for Industry & Commerce (AHK); Hella Middle East, Industrie – Kontor GmbH; KSB Middle East; Linde; LISEGA SE, NKT GmbH & Co. KG; Paul Nutzfahrzeuge GmbH; Pleuger Industries GmbH; Polar Refrigeration GmbH; PRÄWEST Präzisionswerkstätten Dr.-Ing. H. R. Jung GmbH & Co. KG; PROBUS Mashinenbau Dr.-Ing, REMBE GmbH Safety + Control; RMG Messtechnik GmbH; Siemens Energy; TUV SUD; V-Line Europe Gmbh; Witzenmann GmbH.