Abu Dhabi, UAE: The Emirates Arkan Steel Group, the largest listed national company (on the Abu Dhabi Stock Exchange, symbol EMSTEEL) operating in the iron, steel and building materials manufacturing sector, has announced its participation in the Middle East Construction and Design Week 2022, as it will highlight its outstanding contributions in promoting the growth of the construction sector building and construction in the region thanks to its strong portfolio of high quality innovative products.
Abu Dhabi is preparing to host the Middle East Design and Construction Week, during the period from 12 to 14 September, at the Abu Dhabi National Exhibition Centre. This innovative, ultra-strong reinforcement that achieves high energy efficiency, as part of its efforts and efforts to reduce its carbon footprint.
On this occasion Eng. Saeed Ghamran Al Rumaithi, CEO of Emirates Steel Group, Arkan said: “We are pleased to participate in this year’s Middle East Construction and Design Week, where the group will be exhibiting in its pavilion to current and future customers. in the construction sectors a wide portfolio of high quality innovative products developed to identify the growing needs and requirements of these sectors.
Al-Rumaithi added, “Emirates Steel, Arkan, will also start marketing the new ultra-high strength steel (ES600) during the last quarter of this year, which is designed to improve the capabilities of the company’s customers in the construction sector by reducing to use iron and thereby reduce the carbon footprint of construction projects. We will continue our relentless efforts.” To meet the needs of our customers within the construction sector, we are excited to highlight the group’s developments and its methodology in developing its products in line with the evolving and ever-changing needs of the industry.”
According to the data issued by the “BNC” company, which owns the largest database of information and data related to projects in the Middle East and Africa, the growth rate in the construction sector in the Middle East is the highest in the world, and the local sector in the UAE is expected to record an average annual growth rate of 6.8% until 2022. The value of the construction sector in the GCC countries is estimated at $1.6 trillion, with more than 21,000 active projects undertaken by the end of the first quarter of 2022.
The Middle East Construction and Design Week, which will be organized and presented in collaboration between the Abu Dhabi Chamber of Commerce and Industry and Connect, is the most prominent regional event in the construction, interior design, hospitality and commercial industries. This event aims to accelerate technological development by improving communication, building relationships and partnerships, and enhancing the synergy of joint efforts at the sector level.
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About Emirates Arkan Steel Group:
Emirates Steel Arkan Group is a public joint stock company (ADX: EMSTEEL)) and the largest producer of steel and building and construction materials in the United Arab Emirates. The group takes advantage of advanced roll mill technologies to supply the domestic and international markets with high quality finished products, including steel wire coils, rebar, heavy structural sections and anchor plates. In addition, the group manufactures cement, blocks, pipes and other building materials that contribute to the strengthening of the steel and building materials manufacturing sector in the country.
The group is also the largest manufacturer of heavy and oversized structural sections, the only manufacturer of hot rolled base plates in the Middle East, and the fourth manufacturer in the world to receive a System Quality Certificate from the American Society of Mechanical Engineers in recognition of its capability to provide steel reinforcement to nuclear facilities. The group is also the first steel manufacturing company in the world to capture its carbon dioxide emissions, and the first manufacturing company in the Middle East to be certified to the system’s standards (SUFFERINGfor green buildings.
The group plays a leading role in achieving the goals of the national strategy for industry and advanced technology, “Project 300 billion,” by providing pioneering products for local industries, creating jobs for Emiratis and promoting its sustainable practices. Emirates Steel Arkan Group is under the umbrella of the General Holding Company (“Senate”); It is therefore part of the “Holding” (ADQ), one of the largest holding companies in the region, which owns a wide portfolio of large companies operating in key sectors within the diversified economy of the Emirate of Abu Dhabi.
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