Latest news with #EMSTEEL
Zawya
25-06-2025
- Business
- Zawya
EMSTEEL celebrates graduation of 62 Emirati trainees from accelerated Masaar programme
Abu Dhabi, United Arab Emirates: EMSTEEL (ADX: EMSTEEL) ('the Group'), one of the largest publicly traded steel and building materials manufacturers in the region, today announced the successful graduation of 62 Emirati trainees (49 men and 13 women) from the company's flagship Masaar talent-development programme, marking the first cohort to complete the newly revamped one-year 'accelerated' track introduced in 2024. The group includes 43 operations specialists and 19 support-function professionals, holding roles such as Graduate Engineer and Technical Trainee. Launched in 2019, Masaar was created to equip fresh graduates with the technical, behavioural and professional skills required to propel the UAE's industrial sector. To date, 180 Emiratis have enrolled, building a robust talent pipeline for EMSTEEL's steel and cement businesses and supporting the nation's Emiratisation goals. Engineer Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, commented: 'The graduation of this cohort reflects EMSTEEL's strategic commitment to developing national talent that directly supports the UAE's industrial and economic objectives. Masaar has been carefully designed to align with our operational needs while contributing to the country's broader Emiratisation agenda. These graduates are now positioned to take on critical roles across our value chain and help shape the future of the manufacturing sector.' The accelerated model shortens the programme to 12 months while retaining blended learning, credit-hour milestones and career coaching, ensuring faster deployment of qualified talent. Two additional cohorts are scheduled to graduate in August and in November of 2025, bringing this year's total of Masaar graduates to 101. EMSTEEL currently boasts an impressive Emiratisation rate of 52%, reflecting its long-standing commitment to developing and retaining skilled UAE nationals across all levels of the organisation. In addition, the company ranks third in Emiratisation within the UAE's industrial sector, underscoring its leadership in advancing national workforce priorities. About EMSTEEL EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE's largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market and over 70 international markets with high-quality finished products, creating a one-stop shop for the manufacturing and construction sectors. EMSTEEL is committed to contributing to the UAE's industrial strategy 'Operation 300 billion' by delivering market-leading products to support local industries, creating job opportunities for UAE Nationals, and enhancing its sustainable practices. The Group is a global leader in low-carbon steel production and is aligned with the UAE's Net Zero by 2050 Strategic Initiative. Headquartered in Abu Dhabi, EMSTEEL operates 16 state-of-the-art plants, with a production capacity of 3.5 million tonnes of steel and 4.6 million tonnes of cement annually, fuelling the nation's most iconic projects. EMSTEEL is majority owned by ADQ, an active sovereign investor with a focus on critical infrastructure and supply more information, please visit our website: For Media enquiries, please contact: Mohammad Daggamseh Manager of Media and Communications Email: Ziad Baig Account Manager Email: zbaig@
ME Construction
25-06-2025
- Business
- ME Construction
EMSTEEL receives a provisional ESG rating of ‘AA' from MSCI
Sustainability EMSTEEL receives a provisional ESG rating of 'AA' from MSCI By The rating is a significant milestone and follows the announcement of EMSTEEL's Green Finance Framework in May 2025 EMSTEEL said it has received a provisional ESG rating of 'AA' from MSCI, said to be one of the highest among steel players globally. This recognition underscores EMSTEEL's performance in Environmental, Social, and Governance (ESG) issues, making it one of the few global steel and building materials manufacturers that excel in this regard, the firm said. MSCI's evaluation reinforces EMSTEEL's position as the industry player in managing key ESG risks and opportunities. The evaluation particularly highlights the group's innovative responsible practices in managing its environmental impact, which have led to significant reductions in carbon emissions. Additionally, EMSTEEL's well-being, health, and safety practices for its workforce have been enhanced, with almost all categories surpassing the global average, said a statement. MSCI ESG Ratings evaluates over 9,000 companies worldwide, assessing their exposure to industry-related material ESG risks and their management compared to their peers. The ratings range from leader (AAA, AA) to laggard (B, CCC), with the average rating being A, BBB, or BB. The score is said to reaffirm MSCI's global leadership in ESG ratings. Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL said, 'Our inaugural 'AA' ESG rating by MSCI is a powerful testament to EMSTEEL's commitment to sustainable industrial leadership. It reflects the strength of our governance, the resilience of our people, and our deep-rooted responsibility to the environment and communities we serve. As we align with the UAE's Net Zero 2050 vision, this recognition strengthens our resolve to lead by example, delivering lasting value to our shareholders, society, and future generations.' The rating is a significant milestone and follows the announcement of EMSTEEL's Green Finance Framework in May 2025. The development of this framework was supported by key partners, including ING as the lead sustainability structuring bank and First Abu Dhabi Bank (FAB) as the sustainability structuring bank. ING also served as the ESG Rating Advisor for the MSCI ESG rating. The framework is said to be a cornerstone of EMSTEEL's broader ESG strategy. EMSTEEL's decarbonisation strategy is said to be driving industrial sustainability. The group aims to reduce emissions by 40% in its Steel Business Unit and 30% in its Cement Business Unit by 2030, using 2019 as the baseline year. This commitment is unwavering, and EMSTEEL is firmly committed to achieving Net Zero emissions by 2050. Key initiatives include enhancing energy efficiency, integrating renewable energy, and advancing green hydrogen innovation. These initiatives are all in alignment with the UAE's Net Zero 2050 agenda, the firm said. In 2023, EMSTEEL reported total Scope 1 and 2 emissions of 4.5m tonnes of CO₂, representing a 23% reduction from the 2019 baseline. This achievement earned the group global recognition for its sustainability leadership. EMSTEEL's efforts in decarbonising steel production were recognised by the World Steel Association, which named them the 2024 Steel Sustainability Champion. The World Economic Forum also recognised EMSTEEL's contributions to decarbonising the iron and steel industry, placing them among the top five steel companies worldwide that have received this recognition. In September 2024, EMSTEEL was appointed as Co-Chair of the Alliance for Industry Decarbonization (AFID), led by the International Renewable Energy Agency (IRENA), the statement concluded.
Zawya
17-06-2025
- Business
- Zawya
EMSTEEL recognised as an ESG Leader with ‘'AA'' provisional rating from MSCI
MSCI acknowledges the Group's position as one of the industry leaders in managing the most significant sustainability issues EMSTEEL scores almost double the global average across 'managing carbon emissions' and 'health & safety' categories Abu Dhabi, United Arab Emirates: EMSTEEL (the Group), one of the largest publicly traded steel and building materials manufacturers in the region, today announced that it has received a provisional ESG rating of 'AA' from MSCI, one of the highest among steel players globally, recognising the Group as one of the few global steel and building materials manufacturers that stand out for their strong performance on Environmental, Social, and Governance ('ESG') issues. Reinforcing EMSTEEL's position as one of the industry leaders in managing key ESG risks and opportunities, MSCI's evaluation particularly highlights the Group's efforts in managing its environmental impact through innovative responsible practices to abate carbon emissions, and enhancing well-being, health and safety practices for its workforce with almost all categories significantly above the global average. MSCI ESG Ratings evaluates over 9,000 companies worldwide, assessing their exposure to industry-material ESG risks and how well they manage them relative to peers. The ratings range from 'leader' (AAA, AA), average (A, BBB, BB) to 'laggard' (B, CCC). This score reaffirms the Group's ESG leadership among its peers globally. Eng. Saeed Ghumran Al Remeithi, Group CEO of EMSTEEL, said: 'Our inaugural 'AA' ESG rating by MSCI is a powerful testament to EMSTEEL's commitment to sustainable industrial leadership. It reflects the strength of our governance, the resilience of our people, and our deep-rooted responsibility to the environment and communities we serve. As we align with the UAE's Net Zero 2050 vision, this recognition strengthens our resolve to lead by example, delivering lasting value to our shareholders, society, and future generations.' The 'AA' provisional ESG-rating follows the Groups announcement in May 2025 regarding its landmark Green Finance Framework, which is a cornerstone of EMSTEEL's broader Environmental, Social, and Governance (ESG) strategy. The Framework's development was supported by key partners, including ING as Lead Sustainability Structuring Bank and First Abu Dhabi Bank (FAB) as Sustainability Structuring Bank. For the MSCI ESG rating, ING also acted as the ESG Rating Advisor. EMSTEEL is driving industrial sustainability through an ambitious decarbonisation strategy. The Group aims to reduce emissions by 40% in its Steel Business Unit and 30% in its Cement Business Unit by 2030, using 2019 as the baseline year, and is firmly committed to achieving net-zero emissions by 2050. Key initiatives include enhancing energy efficiency, integrating renewable energy, and advancing green hydrogen innovation all in alignment with the UAE's Net Zero 2050 agenda. EMSTEEL reported total Scope 1 and 2 emissions of 4.5 million tonnes of CO₂ as of 2023 representing a 23% reduction from the 2019 baseline a milestone that earned the Group global recognition for its sustainability leadership. EMSTEEL was recognised as the 2024 Steel Sustainability Champion by the World Steel Association for its pioneering efforts in decarbonising steel production. The World Economic Forum also recognised EMSTEEL for its outstanding efforts in decarbonising the iron and steel industry, placing it among the top five leading steel companies worldwide that have received this recognition. In September 2024, EMSTEEL was appointed as Co-Chair of the Alliance for Industry Decarbonisation (AFID) led by the International Renewable Energy Agency (IRENA). For more on EMSTEEL's ESG performance strategy, please refer to the 2024 Sustainability Report, available on the company's website. About EMSTEEL EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE's largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market and over 70 international markets with high-quality finished products, creating a one-stop shop for the manufacturing and construction sectors. EMSTEEL is committed to contributing to the UAE's industrial strategy 'Operation 300 billion' by delivering market-leading products to support local industries, creating job opportunities for UAE Nationals, and enhancing its sustainable practices. The Group is a global leader in low-carbon steel production and is aligned with the UAE's Net Zero by 2050 Strategic Initiative. Headquartered in Abu Dhabi, EMSTEEL operates 16 state-of-the-art plants, with a production capacity of 3.5 million tonnes of steel and 4.6 million tonnes of cement annually, fuelling the nation's most iconic projects. EMSTEEL is majority owned by ADQ, an active sovereign investor with a focus on critical infrastructure and supply chains. For more information, please visit our website: For Media enquiries, please contact: Mohammad Daggamseh Manager of Media and Communications Mobile: +971 56 414 4143 Email: For Investor enquiries, please contact: Gleb Diachkov-Gertcev Director of Investor Relations Phone: +971 2 507 2158 Email:
Time Out Abu Dhabi
08-06-2025
- Time Out Abu Dhabi
First look: This is what the UAE's net-zero mosque is going to look like
Masdar City is getting a futuristic, eco-friendly place of worship – and it's about as green as a building can get. Abu Dhabi's Masdar City is already known for being the region's sustainability show-off, but it's about to raise the bar even higher by building the world's first net-zero energy mosque. Yes, you read that right. A place of worship that powers itself, cools itself and even saves water, all while looking serene and stunning. Designed by global engineering and design giant Arup and developed by Aldar, this not-so-humble house of prayer will sit proudly on a circular 1,595-square-metre plot and welcome more than 1,300 worshippers. But it's not just big – it's brainy, too. Let's break it down: The mosque will generate 100 percent of its annual energy needs, thanks to an array of solar panels. Cooling? Mostly passive. That means clever design does the heavy lifting – like channelling breezes through tiered roof windows, so worshippers don't melt during midday prayer. Water usage? Cut by 55 percent using greywater recycling. Embodied carbon? Slashed, thanks to rammed earth walls, low-emission concrete, sustainable carpets and hydrogen-based steel – the first time that's ever been used in a MENA construction project. And about those walls – rammed earth is making a comeback here, not for the 'rustic chic' aesthetic (though it does look pretty great), but because it's been used in traditional mosque design for centuries and is a natural temperature regulator. It keeps the heat out, the cool in and adds to the building's earthy, grounding feel. Even the prayer carpets are getting the eco-treatment and the lighting is LED-efficient, naturally. As mentioned, Aldar has also teamed up with EMSTEEL to use low-carbon, hydrogen-based steel in the rebar – an experimental move that's already reducing emissions by a jaw-dropping 95 percent on structural materials. This mosque is more than just a place to pray – it's a symbol of where faith, culture and sustainability intersect. And while it's only the second mosque in Masdar City, it's leading the region (and maybe the world) when it comes to green innovation. Coming soon to Masdar City. Designed by Arup, developed by Aldar. @aldar. More going on in Abu Dhabi 8 things we know about the new Disney theme park in Abu Dhabi It's going to be magical – and massive Everything happening in Abu Dhabi in 2025 From new openings to big events, this is shaping up to be quite a year It's official: Abu Dhabi Comedy Season is returning for a second edition with some huge names Wow, look at this line-up Abu Dhabi's best restaurants: Everywhere you should eat at least once Your dinner inspo is sorted
Al Etihad
04-06-2025
- Business
- Al Etihad
EMSTEEL transforms steel waste into cement in pioneering sustainability project
4 June 2025 23:32 SARA ALZAABI (ABU DHABI)In a regional first, Abu Dhabi-based manufacturer EMSTEEL has converted steel waste into low-carbon cement through a large-scale project, setting new standards for circular economy practices in the industrial marks the pioneering milestone in time for World Environment Day, which is observed on June 5 every to Aletihad, Eng. Saeed Ghumran Al Remeithi, Group CEO EMSTEEL, expressed pride in their team's successful recycling of steel slag, a byproduct of steel-making, into 10,000 tonnes of cement."This initiative is not only technologically significant but also sets a new benchmark for how industrial by-products can be transformed into valuable resources. It affirms the feasibility of industrial circularity and positions us at the forefront of sustainable innovation in heavy industry," Al Remeithi achievement, he added, is a significant step toward EMSTEEL's 2030 climate goals: a 40% absolute greenhouse gas reduction from its steel division and a 30% reduction from its cement division."By incorporating steel slag at scale as a raw material for clinker and cement production, we are reinforcing our commitment to sustainability and creating a practical model for circular industrial operations," the group CEO pilot project also serves as a distinctive example of how the integration of steel and cement operations enhances efficiency while advancing sustainability operations across steel and cement sectors allows companies to innovate, capture emissions reduction, and unlock hidden value at scale, Al Remeithi said."EMSTEEL's model exemplifies how vertical integration can serve as a blueprint for other industrial players seeking to decarbonise while maintaining profitability. It is a strong signal that the future of heavy industry lies in collaboration, resource efficiency, and smart, circular design," he said. Climate GoalsThrough its latest circular economy project, EMSTEEL reaffirms its commitment to supporting the UAE's climate ambitions. "We are dedicated to driving industrial decarbonisation in line with the UAE's goal of a 27% reduction in industrial emissions by 2035 from 2019 levels,"Al Remeithi said. "The group has already made substantial progress in reducing Scope 1 and Scope 2 emissions, as well as emissions intensity between 2019 and 2023. As of 2023, our total Scope 1 and 2 emissions stood at 4.5 million tonnes of carbon dioxide - 23% below the baseline year of 2019. We are also on track to fully power our operations with clean and renewable energy by 2030." Source: Aletihad - Abu Dhabi
