9,084.77 TRY BIST 100 BIST 100
39.09 USD USD USD
5.47 CNY CNY CNY
44.08 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
64.24 USD Fossil Oil Fossil Oil
41.80 USD Silver Silver
4.68 USD Copper Copper
99.27 USD Iron Ore Iron Ore
333.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,159.48 TRY Gold (gr) Gold (gr)

TAQA and Emsteel sign MoU to strengthen Abu Dhabi's industrial infrastructure

TAQA and Emsteel have signed a Memorandum of Understanding to provide integrated solutions in energy and water infrastructure and support the sustainable growth of the industrial sector.

TAQA and Emsteel sign MoU to strengthen Abu Dhabi's industrial infrastructure

TAQA Distribution Company, part of TAQA, the Abu Dhabi National Energy Company, signed a Memorandum of Understanding (MoU) with Emsteel Group, the region's leading steel and construction materials manufacturer, at the World Utilities Congress 2025. The agreement aims to provide integrated, efficient and sustainable infrastructure services to the growing industrial sector across the Emirate.

Under the MoU, TAQA Distribution will provide specialized services in the design, construction, management and maintenance of energy and water networks. Rapid integration with existing infrastructure, cost-effective maintenance solutions and the deployment of mission-ready technical teams are among the key elements of the cooperation.

“This partnership is an important step in bringing our capacity to deliver highly reliable infrastructure solutions across planning, construction and operation to the industrial sector. Our operational strength combined with Emsteel's industry expertise is preparing Abu Dhabi's industrial infrastructure for the future,” stated Omar Al Hashemi, CEO of TAQA Distribution.

Emsteel Group CEO Eng. Said Ghurman Al Rumaithi, commented "TAQA Distribution's technical expertise and service reliability is a great advantage for our goal of expanding our industrial operations and improving the efficiency of our facilities."

The partnership will directly contribute to the Abu Dhabi Industrial Strategy, serving the Emirate's goals of transitioning to a circular economy, increasing local manufacturing capacity and promoting industrial innovation. The strategy aims to generate AED 172 billion ( around USD 46.8 billion) of manufacturing output, AED 10 billion (around USD 2.7 billion) of industrial investment and the creation of more than 13,000 skilled jobs by 2031.

TAQA Distribution also recently signed another strategic agreement with Abu Dhabi Global Market (ADGM) to improve facilities management for residential buildings on Al Maryah and Al Reem islands. With its new service, TQD+, the company continues to contribute to the Emirate's long-term sustainability and digital transformation plans by implementing infrastructure solutions for rapidly developing urban communities.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Zuhal Mansfield: “Chinese opportunities are at the door for Türkiye in mining and metals”

Friday, May 30, 2025

TÇÜD Türkiye's crude steel production increased by 7% in April

Friday, May 30, 2025

Truck Drivers' Strike in Iran Disrupts Steel Shipments

Friday, May 30, 2025

Noksel Çelik Boru climbed 46 places to 187th place in the ISO 500 list

Friday, May 30, 2025

Türkiye's scrap imports increased by 23.8% in April

Friday, May 30, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now