EMSTEEL and Modon have signed a strategic memorandum of understanding to explore potential collaboration on steel solutions for future developments. The partnership will assess innovative, high-yield and sustainable…
UAE's RACS Quality Certificates Issuing Services LLC is now fully authorized by Ministry of Industry and Advanced Technology (MOIAT) to provide Emirates Conformity Assessment Scheme (ECAS) and Emirates Quality Mark…
UAE-based steelmaker Arabian Gulf Steel Industries (AGSI) has been named among a small group of parties expressing interest in acquiring Speciality Steels UK (SSUK), formerly owned by Liberty Steel, according to a…
Chinese HRC prices remained under pressure in 2025, with UAE import patterns highlighting booking lags and global supply dynamics. Chinese HRC prices into the UAE on a CFR Jebel Ali basis, as assessed by MEsteel, moved…
EMSTEEL Group announced new steps with the Emirates Nuclear Energy Company (ENEC) to decarbonize steel production by sourcing nuclear-generated electricity certified under Abu Dhabi's Clean Energy Certificates Program…
Lamprell said it was awarded four major engineering, procurement, construction, and installation (EPCI) contracts earlier in 2025, supporting the continued expansion of its operations in Saudi Arabia. The combined scope…
Emirates Steel, a subsidiary of the EMSTEEL Group, has kept its rebar prices unchanged for January production. The company maintained its rebar price at AED 2,648 (USD 721) per ton on EXW basis, excluding the 5pct VAT…
The UAE Ministry of Finance has announced Cabinet Decision No. 153 of 2025, introducing a reverse charge mechanism for VAT on metal scrap trading between registered businesses, effective January 14, 2026. The move aims…
RHI Magnesita, a leading global supplier of high-grade refractory products, systems, and solutions, has strengthened its presence in the Middle East, Turkey, and Africa (META) by establishing a new regional business…
UAE-based developer Modon has awarded the main construction contract for two residential developments, Nawayef East and Nawayef West, on Hudayriyat Island, with a combined value of AED 5 bln (USD 1.36 bln). The company…
UAE-based developer Palma Development has awarded a USD 207 mln construction contract to Khansaheb Civil Engineering for the delivery of West Residence, a 46-storey tower forming Phase 1 of the Serenia District at…
EMSTEEL, one of the region's largest publicly listed steel and building materials companies, said its low-carbon sheet piles were used in one of the UK's major rail infrastructure projects, supporting the expansion of…
SMS group's South Africa-based Metix brand and Magmec have signed a memorandum of understanding to develop a magnesium metal production plant in the UAE, using advanced reduction furnace technology. The proposed…
Steelco Technologies of the UAE, in partnership with Haddeko Iron Trade, has begun construction of a new cut-and-bend steel manufacturing facility in ICAD 1, Mussafah, Abu Dhabi. The plant will be equipped with advanced…
India's Rama Steel Tubes has approved the acquisition of UAE-based Automech Group Holding for AED 296 mln (USD 80 mln), as part of a strategy to expand its footprint and operations in the UAE. The transaction will be…
Modon Holding has awarded a construction contract valued at USD 272 mln to Trojan Construction Group for the Maysan development in Abu Dhabi. Trojan will undertake construction of the Mayar and Thoraya districts on Reem…
APL Apollo Tubes Company LLC, the UAE-based subsidiary of APL Apollo Tubes Limited, has obtained Steel Sustainability Australia (SSA) certification for the 2025-2026 cycle, the company announced. The SSA program…
Mered has appointed NSCC International as the enabling works contractor for Riviera Residences, its waterfront development on Al Reem Island in Abu Dhabi. Riviera Residences will feature more than 400 apartments and 12…
Dar Global, the London-listed real estate developer, has awarded Edrafor Emirates LLC the enabling works contract for the Trump International Hotel & Tower in Dubai. The company said the appointment marks a major…
UAE's Easa Saleh Al Gurg Group (ESAG) has acquired BRC Arabia from The Kanoo Group, enhancing its reinforced steel manufacturing capabilities and expanding its regional supply chain footprint, the company said in a…