Minister of Industry & Advanced Technology inaugurates ‘Standard Turf’ factory and visits ‘Rabdan’ vehicle facility وزير الصناعة والتكنولوجيا المتقدمة يفتتح مصنع "ستاندرد تيرف" ويزور منشأة تصنيع سيارة "ربدان" الإماراتية الرائدة وزير الصناعة والتكنولوجيا المتقدمة يفتتح مصنع "ستاندرد تيرف" ويزور منشأة تصنيع سيارة "ربدان" الإماراتية الرائدة وزير الصناعة والتكنولوجيا المتقدمة يفتتح مصنع "ستاندرد تيرف" ويزور منشأة تصنيع سيارة "ربدان" الإماراتية الرائدة وزير الصناعة والتكنولوجيا المتقدمة يفتتح مصنع "ستاندرد تيرف" ويزور منشأة تصنيع سيارة "ربدان" الإماراتية الرائدة وزير الصناعة والتكنولوجيا المتقدمة يفتتح مصنع "ستاندرد تيرف" ويزور منشأة تصنيع سيارة "ربدان" الإماراتية الرائدة وزير الصناعة والتكنولوجيا المتقدمة يفتتح مصنع "ستاندرد تيرف" ويزور منشأة تصنيع سيارة "ربدان" الإماراتية الرائدة Previous Next A-AA+ ABU DHABI, 8th October, 2023 (WAM) --Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, inaugurated Standard Carpets Industries’ new factory ‘Standard Turf at Dubai Industrial City, a member of TECOM Group PJSC and one of the largest industrial ecosystems in the region.’ Standard Carpets is one of the world's largest producers and exporters of carpets, rugs, and artificial grass. As part of a series of visits conducted by the Ministry of Industry and Advanced Technology (MoIAT), he also visited NWTN, a car assembly facility that produces the Emirati car brand Rabdan in Khalifa Economic Zones in Abu Dhabi (KEZAD). Commenting on the occasion, Dr. Al Jaber said: “Thanks to the vision, guidance, and support of our leadership, the UAE’s industrial sector is witnessing significant development, further enhancing its vital contribution to diversifying the national economy and achieving sustainable economic development. The economy is supported by a business-friendly environment comprised of many competitive advantages. Some of these advantages include the UAE’s advanced, tech-enabled infrastructure, which enhances growth opportunities for industries and increases competitiveness as well as harmonisation with the best international standards. This helps UAE-based manufacturers compete globally based on the principles of innovation, sustainability, and shaping the future.” He added: “The ministry plays a strategic role in enhancing the growth and development of the national industrial sector, supporting it to adopt 4IR solutions in line with the objectives of the National Strategy for Industry and Advanced Technology. "We are committed to conducting field visits to organisations and facilities operating in the sector to enhance partnerships and cooperation. These tours also enable the ministry to share insights on future trends around industry enablers such as financing solutions and incentives in addition to promoting the adoption of innovation and advanced technology, as well as 4IR solutions to enhance the country’s position as a leading global hub for industries of the future. They also enable us to learn more about the needs, projects and ambitions of manufacturers, which supports our efforts to enhance the UAE’s position as a leading global hub for future industries." Al Jaber stressed the importance of the role played by industrial cities and zones in the country. Their advanced infrastructure, integrated solutions, logistics and unique capabilities help local manufacturers, companies, and investors. They also support local manufacturing and attract foreign capital. He said: “The inauguration of the ‘Standard Turf’ factory in Dubai Industrial City, along with the company's plans to expand its operations with an investment of AED 600 million, serve as an example of the success of the ministry’s efforts to promote the growth and development of the national industrial sector and boost local investment." He was accompanied by Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology (MoIAT), Osama Amir Fadhel, Assistant Undersecretary of Industry Accelerators Sector at MoIAT, and Abdulla Al Shamsi, Assistant Undersecretary for Industrial Growth at MoIAT. Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said: “The NWTN facility is a testament to Abu Dhabi's commitment to diversifying its economy, promoting sustainability, training, and providing high-skills job opportunities for UAE talents, and supporting advanced-tech manufacturing sector. The success of companies like NWTN and its eco-friendly, Rabdan brand, is a prime example of the success of the Abu Dhabi Industrial Strategy (ADIS) in attracting foreign direct investments to the emirate’s manufacturing sector to grow and expand out of the region’s most competitive industrial hub.” Al Zaabi adds: “Through strategic partnerships, we are creating new opportunities for cooperation, which will further enhance Abu Dhabi's reputation as a hub for talents, manufacturers, businesses, and investments. The Abu Dhabi Industrial Strategy (ADIS) is taking great strides to double the manufacturing sector’s size to AED172 billion, create 13,600 jobs with a focus on Emirati talent, and increase non-oil exports to AED178.8 billion by 2031. ADDED is spearheading the ADIS programs and initiatives to build a sustainable and globally competitive manufacturing base, focusing on attracting leading industrial companies to develop clusters in priority areas such as food, pharmaceuticals, and automotive.” The inauguration marks the start of Standard Carpets’ expansion at Dubai Industrial City, where the company has been based since 2013 with a 1.3 million square-foot (sq ft) facility. In 2021, Standard Carpets expanded its operations to increase production capacity by introducing two new product lines – grass carpets and hard flooring – and the UAE-based manufacturer’s total land area at Dubai Industrial City now totals almost 3 million sq ft – roughly the equivalent of 39 FIFA-compliant football pitches. The company has already developed two of the five new plots totaling an area of 500,000 sq ft with an investment of AED 225 million. The remaining three plots, spanning 1.1 million sq ft, will be developed in the coming years with further investment of AED 375 million. Standard Turf will host a grass yarn extrusion capacity of 12,000 tons and a finished grass carpet capacity of 161.4 million sq ft. Its factory and an additional bulk continuous filament (BCF) yarn plant, to be utilized by the broadloom and carpet tile division, are located on the two recently developed plots. Commenting on the inauguration, Malek Al Malek, Chairman of TECOM Group PJSC, said: “The manufacturing sector is a critical component of the national economy and an essential pillar in the UAE’s and Dubai’s plans to achieve sustainable economic development. Our leadership’s vision is a core strength of our industrial ecosystem, which is consistently attracting global investors. “For more than 20 years, TECOM Group has contributed to boosting ease-of-doing business and growing the knowledge economy in the UAE by attracting global companies and skilled talent to Dubai across six key sectors. Our Group, through Dubai Industrial City, is continuing to attract global and regional leaders from the manufacturing sector to the UAE. Standard Carpets’ upward trajectory is an example of how our district empowers businesses to unlock new markets and attain international growth. “We are committed to continue offering a holistic ecosystem that encourages excellence in the manufacturing sector and empowers companies to Make Brilliance with a global impact, cementing the UAE’s and Dubai’s position as the world’s hub for future industries as well as reinforcing the reputation of UAE-made products.” Gulu Waney, Chairman, Standard Carpets, added: “We are proud to build on our presence at Dubai Industrial City, where we have operated one of the world's largest carpet factories since 2014. The newly inaugurated Standard Turf factory will further raise our capacity to manufacture high-quality products, reinforcing the strength of the ‘Made in UAE’ brand in more than 68 export markets. Our AED 600 million expansion program reiterates our confidence in Dubai’s position as a global manufacturing and logistics hub and will contribute to the UAE’s national strategy for advanced industry and technology (Operation 300bn) and Make it in the Emirates strategies to grow the economy.” Sustainability at Standard Carpets The Standard Turf factory will support Standard Carpets’ green initiatives by producing fully recyclable artificial grass, with its products under development and scheduled to launch in 2024. The company’s existing facility at Dubai Industrial City is a Silver Star winner of the 2021 Dubai Green Industrial Awards and its solar energy capacity of 7.2-megawatt is among the highest in the UAE’s private sector, supporting Standard Carpets’ endeavor to produce decarbonised products. Solar panels fitted at its Dubai Industrial City facility generate 60 percent of the facility’s daytime energy requirement and reduce CO2 emissions by 6.6 kilotons annually, making it a leading producer of significantly decarbonized carpet products. The company is also committed to water efficiency, and Standard Turf products will further contribute to conservation efforts in the UAE’s and Dubai’s industrial sector. During his visit to the Emirati ‘Rabdan’ car manufacturing facility, Al Jaber and the ministry’s delegation were briefed on how NWTN deploys technological solutions in the manufacture of Rabdan cars. The solutions help the company keep pace with the development of the UAE’s transport sector and help enhance its contribution to reducing emissions and achieving net zero. The technologies also bring advantages over other brands, supporting its expansion plans within local and regional markets. He was accompanied by Rashed Alblooshi, Undersecretary at the Abu Dhabi Department of Economic Development(ADDED) and Eng. Arafat Al Yafei, Executive Director of Industrial Development Bureau (IDB), the ADDED’s arm to develop the industrial sector. NWTN specialises in environmentally friendly technology and mobility solutions. The company’s car assembly facility is helping to meet the growing demand for electric vehicles in the UAE and the Middle East region, in addition to promoting green mobility and accelerating the country’s energy transition. The Rabdan 1 is a multi-use sports car that operates with all-wheel drive technology. It is dynamic, innovative, comfortable and employs world-leading extended range technology. The car can achieve a maximum range of 860 kilometers while saving energy and reducing emissions. Using a dual-motor system, the front and rear motors produce an incredible total power of 684 horsepower, and 1040 Nm torque, while acceleration from 0 to 100 kilometers takes just 4.5 seconds. The delegation also was briefed on the brand’s future expansion plans and the other models produced by the brand. Al Jaber praised NWTN’s important role in enhancing the competitiveness of the national industrial sector. He said: "The ‘Rabdan’ brand embodies the ambitious and forward-looking vision of the UAE’s leadership to innovate and advance the industrial sector and enhance its contribution to GDP and net zero commitments. The company operates in a key sector within the national economy, making it a fundamental contributor to the UAE’s climate neutrality goals, sustainable development, and the objectives of the National Strategy for Industry and Advanced Technology." These latest visits come as part of the field tours undertaken by Al Jaber to follow up on the development in the industrial sector, and to discuss means of supporting and attracting investors to benefit from the competitive advantages that the UAE offers. These include an attractive business environment, incentives, and enablers. It also aims to promote ease of doing business in line with the ‘Make it in the Emirates’ initiative, thus enhancing the role of the private sector, fostering partnerships, and supporting the growth of companies and institutions.
October 9, 2023

Navigating Growth: Challenges and Strategies in Scaling Up Your Startup

In the dynamic world of startups, achieving initial success is just the beginning. To truly thrive and make a lasting impact, startups often need to scale up their operations, expanding their reach and impact. However, this journey is fraught with challenges and requires well-thought-out strategies. In this article, we delve into the complexities of scaling […]

Stefanie Schachtschabel
October 9, 2023

Stefanie Schachtschabel: Connecting the World through Innovation and Sustainability

Stefanie Schachtschabel, a visionary entrepreneur and global citizen, stands at the forefront of a paradigm shift in the realms of business, sustainability, and tourism. With over two decades of experience in international business, media, and marketing, Schachtschabel’s journey is marked by an unyielding passion for connecting people and creating positive global change. At the helm […]

Peso
October 7, 2023

Vijay Saran and Utkarshini Arora: Empowering the Future of Finance through the Peso App

Bangalore is known as the bustling tech hub where innovation meets aspiration, and two remarkable individuals have carved their path to success. Vijay Saran and Utkarshini Arora, both hailing from the heart of India’s tech revolution, have not only achieved personal milestones but have also come together to create something truly revolutionary: the Peso App.  […]

Tesla
October 6, 2023

Tesla Slashes Prices of Model 3 and Model Y in the U.S. Amid Decline in Q3 Deliveries

In response to disappointing third-quarter delivery figures, Tesla has announced significant price reductions on select Model 3 and Model Y variants in the United States. The electric car manufacturer, led by CEO Elon Musk, is implementing these price cuts as part of its strategy to boost demand and maintain market competitiveness in an increasingly crowded […]

Small Businesses
October 6, 2023

How Small Businesses Are Allocating Their Marketing Budgets in 2024

The landscape of small business marketing has undergone a significant transformation. In a world where options abound, small businesses are diversifying their marketing strategies and increasing their budgets. According to a recent survey by Taradel, a whopping 94% of small businesses plan to boost their marketing spending in 2024. So, where exactly are these marketing […]

Startup
October 6, 2023

The Changing Landscape of Startup Success in 2023: A Perfect Storm of Profitability

In the world of startups, 2023 marks a significant turning point. The strategies that once guided unicorn-valuation growth are evolving at an unprecedented pace. It’s a shift akin to the transformation the movie industry experienced with the rise of streaming services, and it’s altering the very fabric of how startups succeed. In the not-so-distant past, […]

October 3, 2023

Antonio Del Giudice: Pioneering Entrepreneur and Investor Transforming HNWIs’ Presence

Antonio Del Giudice, a seasoned entrepreneur and financial expert, has dedicated his career to the specialized world of finance and wealth management. With a visionary spirit, Antonio has channelled his expertise into founding The Alben Group of Companies, a global firm focused on empowering High Net Worth Individuals (HNWIs) and fostering their authentic visibility and […]

October 2, 2023

Ralph de Geus: From Startups to World Champions, Unveiling the Dynamo Entrepreneur

Ralph de Geus, a prominent serial entrepreneur, has made a name for himself in the business world as the owner and shareholder of multiple successful ventures. With a diverse portfolio and a passion for nurturing startups and scale-ups, he has emerged as a key player in the entrepreneurial ecosystem. De Geus is best known as […]

September 30, 2023

Miriam Abadi: Redefining Wellness and Empowerment through TRU & Beyond

In the dynamic world of entrepreneurship, Miriam Abadi stands out as a true trailblazer. As the founder of TRU & Beyond, she has harnessed her diverse talents and experiences to create a platform that transcends boundaries. Not just an entrepreneur, but also an editor, influencer, devoted mother, and partner, Miriam embodies the spirit of the […]

September 28, 2023

H.H. Shaikha Jawaher Al Khalifa: A Visionary Entrepreneur and Philanthropist

In the realm of entrepreneurship and philanthropy, few figures shine as brightly as H.H. Shaikha Jawaher Al Khalifa, the Founder and Chairperson of Green Aventurine Holding. Hailing from Bahrain’s royal family, H.H. Shaikha Jawaher Al Khalifa represents the embodiment of entrepreneurial boldness coupled with a deep commitment to humanitarian causes. Her journey is a testament […]

1 3 4 5 6 7 9