Latest news with #TECOMGroupPJSC
Hi Dubai
20-05-2025
- Business
- Hi Dubai
Dubai Industrial City Attracts AED1.7 Billion in Investments Across Key Sectors
Dubai Industrial City has secured over AED1.7 billion in investments across major economic sectors in the past year, reinforcing its role as a leading hub for manufacturing and foreign direct investment in the region. The announcement, made during the 'Make it in the Emirates' forum, highlights significant growth in sectors such as food and beverage, heavy equipment, energy solutions, automotive, and light industries. The industrial hub, part of TECOM Group PJSC, continues to support the UAE's national industrial strategy and economic diversification goals. Saud Abu Alshawareb, Executive Vice President – Industrial at TECOM Group, said the investments reflect the district's global appeal to manufacturers and its contribution to Dubai's growing status as an international FDI destination. 'We remain committed to advancing the goals of Operation 300bn, Make it in the Emirates, and the Dubai Economic Agenda 'D33',' he added. Over the past year, Dubai Industrial City has seen expansion across its six industrial zones, which cater to base metals, machinery, minerals, F&B, transport, and chemicals. The area's specialised infrastructure—ranging from industrial land to logistics facilities—continues to attract new players. Recent entrants include Elite Group Holding, which is investing AED100 million in a 1 million facility targeting the automotive and e-commerce sectors. Pure Ice Cream, known for producing Baskin-Robbins and Kwality brands, is developing an AED80 million facility, while OZON Pharmaceuticals plans to establish a AED293 million production hub. With more than 1,100 manufacturers and over 350 operational factories, Dubai Industrial City plays a key role in regional and global supply chains. Strategically located near Jebel Ali Port, Al Maktoum International Airport, Etihad Rail, and major highways, it offers manufacturers seamless access to international markets. News Source: Emirates News Agency
Hi Dubai
20-05-2025
- Business
- Hi Dubai
Dubai Industrial City Records Strong Growth and Attracts Major Investments in Early 2025
Dubai Industrial City is off to a strong start in 2025, recording robust growth indicators and attracting a wave of new investments across key sectors, according to Saud Abu Alshawareb, Executive Vice President – Industrial at TECOM Group PJSC. Alshawareb highlighted a more than 10% rise in the number of operating companies in 2024, bringing the total to over 1,100. The number of factories entering production also grew by over 16%, crossing 350 by year-end. These figures, he said, point to Dubai's rising stature as a preferred destination for industrial investment. One of the standout sectors has been food and beverage, with Dubai Industrial City drawing over AED350 million in investments in 2024 alone. Alshawareb said this underscores the city's role as a strategic hub meeting increasing local and regional demand. New investments are also targeting infrastructure upgrades, including power stations, expanded workers' accommodations, and new industrial plots. Alshawareb revealed that several key initiatives in these areas will be announced soon. He reaffirmed Dubai Industrial City's commitment to supporting the UAE's broader industrial strategy by offering an integrated, sustainable business environment that boosts the sector's GDP contribution. The momentum seen in early 2025, Alshawareb noted, sets the stage for an exceptional year ahead for the city's industrial growth and investment appeal. News Source: Emirates News Agency
CairoScene
20-05-2025
- Entertainment
- CairoScene
Dubai Fashion Week SS26 Will Take Place First Week of September
Dubai Fashion Week SS26 Will Take Place First Week of September Dubai Fashion Week will return this autumn, and it's striving to set the global tone rather than follow it. Dubai Fashion Week Spring/Summer 2026 is officially set to take place from 1-6 September 2025. As the first official fashion week on the global calendar, DFW will open the international Spring/Summer season ahead of New York, London, Milan, and Paris. Co-founded by Dubai Design District (d3), a creative hub from TECOM Group PJSC now celebrating over a decade of designer influence, and the Arab Fashion Council, Dubai Fashion Week promises six days of runway statements, retail buzz, and regional exposure. This edition builds on the success of February's Autumn/Winter 2025/26 shows, which featured international designers such as Manish Malhotra, Paulo Sebastian, and regional debuts including Les Benjamins. More than 30 designers from across the UAE, the wider Middle East, and international fashion hubs will present their collections. The event continues to position Dubai as a key platform for cross-cultural exchange, emerging talent, and innovation in fashion, with a focus on sustainability, ethical production, and inclusive design; an emerging fashion capital in its own right, not just a stopover. Beyond the catwalk, the DFW calendar will feature exclusive dinners, designer launches, and exclusive presentations, alongside an expansion of the Buyers Programme which will draw top fashion buyers from Europe, the US, and everywhere in between for private showroom previews and brand discovery. Designer applications are now open with submissions being reviewed by the DFW Selection Committee.
Zawya
20-05-2025
- Business
- Zawya
Significant growth recorded by Dubai Industrial City since 2024
ABU DHABI: Saud Abu Alshawareb is the Executive Vice President – Industrial at TECOM Group PJSC, stated that the positive indicators achieved by Dubai Industrial City during the early months of 2025 signal an exceptional year ahead in terms of growth and attracting more investors to the industrial sector. In statements to the Emirates News Agency (WAM) on the sidelines of the 'Make it in the Emirates', he added that Dubai Industrial City recorded strong growth indicators since the beginning of 2024. The number of operating companies increased by more than 10%, surpassing 1,100 companies by the end of the year. Additionally, the number of factories entering production rose by more than 16%, exceeding 350 factories, reflecting the emirate's appeal as a prime destination for industrial investments and contributing to the increase in the industrial gross domestic product (GDP). Regarding the food and beverage sector, he noted that the city announced at the beginning of the year that it attracted investments exceeding AED350 million during 2024 alone. This highlights its status as a vital hub for this strategic sector, which is experiencing growing demand both locally and regionally. As for the direction of new investments, he explained that the city is currently witnessing a diverse flow of investments that include infrastructure development, construction of power stations, expansion of workers' accommodations, and the offering of new industrial plots. He pointed out that distinctive initiatives in this area will be announced soon. He emphasised Dubai Industrial City's commitment to supporting the UAE's efforts in localising industry by providing an integrated and sustainable business environment that enhances the industrial sector's contribution to the country's GDP.
Mid East Info
12-05-2025
- Business
- Mid East Info
CABSAT 2025: France Powers the Future of Broadcasting and Media Innovation
United Arab Emirates, May, 12th 2025 – At a time when the Middle East's media and entertainment sector is experiencing unprecedented growth, France is stepping into the spotlight at CABSAT 2025 with a strong delegation of 14 cutting-edge companies. Gathered under the French Pavilion (Sheikh Saeed Hall – S2 A30 & S2 B30), this national showcase is organized by Business France, the public agency responsible for fostering the international growth of the French economy and aligns with France's ambition to lead the future of broadcasting, content delivery, and digital innovation in the region. France : A Trusted Tech Partner for a Booming Regional Market With the Middle East media market projected to more than double by 2032, growing from USD 38.45 billion in 2024 to USD 82.67 billion, the region is cementing its position as a global hub for content innovation, streaming, and next-gen broadcasting. The UAE, in particular, leads the charge, with TECOM Group PJSC's Dubai Studio City and Abu Dhabi's twofour54 acting as magnets for international investment and creativity. France's presence at CABSAT 2025 reflects a broader strategic ambition: to deepen technological and commercial partnerships across the Gulf and wider Middle East. The French Pavilion will spotlight innovations that address the region's evolving priorities, from 5G infrastructure and cloud-based production to AI-powered content personalization and green data centers. French Expertise : A Complete Value Chain Across Media Technologies French companies have rapidly scaled up investment in future-proof technologies, underscoring their ability to meet regional demand for flexible, secure, and sustainable media solutions. A notable example: the Paris 2024 Olympic Torch Relay, powered by France's first-ever end-to-end cloud-based broadcast, a world first that set new standards in live production and digital sustainability. Amid this high-growth context, the French Pavilion will spotlight high-value technological solutions supporting the region's ambitions for digital transformation and content innovation. In video compression, OTT delivery, and content distribution, ATEME and BROADPEAK will showcase pioneering solutions supporting high-quality and flexible video streaming. In content security and service quality monitoring, Verimatrix and Witbe will present technologies to protect digital assets and enhance user experience. For broadcasting, IPTV, OTT platform development, and cloud-based content management, Enensys, Hexaglobe, Netgem, and Cognacq-Jay Image offer integrated and scalable solutions. Multicam Systems and Easytools will highlight innovations in multi-camera capture and workflow automation. For collaborative video file management and hybrid broadcasting, Videomenthe and Easybroadcast will present advanced tools that support both live and on-demand delivery. You can meet with Cité De Mémoire that will showcase expertise in audiovisual heritage digitization, archiving, and promotion. Finally, France 24, the international news channel, will leverage its participation to reinforce its visibility in the region. As part of the program, Dubai Studio City, the region's leading hub for content creation and one of TECOM Group's 10 business districts, will host a special networking event bringing together key players from the broadcast, production, and telecom sectors and the French companies. This initiative with Dubai Studio City – which alongside Dubai Media City and Dubai Production City forms TECOM Group's Media Cluster – stands as a strong example of the growing partnership between France and the United Arab Emirates, reinforcing shared ambitions to drive innovation and collaboration across the media and entertainment landscape. By leveraging its internationally recognized ecosystem of innovation and creativity, France reaffirms its ambition to deepen technological and business ties with key stakeholders across the Middle East. About Business France: Business France is the public consulting business serving the international development of the French economy. It is responsible for fostering export-led growth by French businesses, as well as promoting and facilitating foreign investment in France. It promotes France's firms, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Business France has more than 1,400 personnel, both in France and in 53 countries throughout the world. In 2023, support from Business France made it possible to generate €3.3 billion in additional export revenues for French SMEs and mid-size companies, accounting for more than 27,111 jobs created or planned. Business France supported 66% of the 1,688 foreign investment decisions in 2024, accounting for 69% of the 37,787 jobs created or maintained nationwide over the next 3 years.
