Latest news with #EmiratesFloatGlass
Khaleej Times
24-06-2025
- Business
- Khaleej Times
Dubai Investments strengthens its foothold in the region's glass manufacturing landscape
Pioneering industrial progress through precision, performance, and purpose-built glass solutions In a region defined by rapid transformation and development goals, the demand for high-performance, sustainable building materials keeps rising. Leading that change is Dubai Investments, a company whose legacy in industrial manufacturing continues to shape the future of the GCC's built environment. Recognising the long-term potential of glass as a high-value, design-forward, and performance-driven material, Dubai Investments had established Glass LLC as a dedicated holding company to consolidate its glass manufacturing entities. This strategic structure has enabled the group to align with the region's accelerating infrastructure growth and increasing emphasis on sustainability; positioning it at the forefront of industrial innovation. With deep-rooted expertise in the broader building materials sector, Dubai Investments has developed a diversified platform that supports the region's most ambitious infrastructure and real estate projects. However, it is in glass manufacturing - an area experiencing rapid innovation and growing global relevance - where the company is currently witnessing exceptional momentum. Established to streamline operations and drive synergies across Emirates Float Glass, Emirates Glass, and Saudi American Glass, Glass LLC serves as the group's response to rising demand for integrated, value-added glass solutions across regional megaprojects. Through its dedicated industrial subsidiary, Glass LLC, Dubai Investments is not only scaling production but also setting new benchmarks in design, sustainability, and regional impact. As glass evolves from a basic construction material to a smart, design-led and eco-conscious solution, the group is positioning itself at the cutting edge of this transformation. A clear vision: Glass as a strategic growth engine The performance of Dubai Investments' glass businesses in 2024 underscores the sector's growing importance, both in regional development and the global supply chain. Across its three key subsidiaries, Emirates Float Glass (EFG); Emirates Glass (EG); and Saudi American Glass (SAG), the group recorded a combined production output of 14.8 million square metres (sqm), reflecting consistent double-digit growth. This surge is driven by a combination of factors: rising demand from mega infrastructure projects in the UAE and Saudi Arabia, a growing shift toward sustainable and energy-efficient materials, and a bold commitment to manufacturing innovation. Emirates Float Glass: At full capacity and going global 2024 marked a pivotal year for Emirates Float Glass, which reached full production capacity and exported over 12.6 million sqm of float glass to markets across five continents. EFG stands as the only ICV-certified float glass manufacturer in the UAE, a critical advantage in government-backed development projects that prioritise local value creation. The company's inclusion in the Golden List by the Abu Dhabi Department of Economic Development is further testament to its national significance. Its diverse product range, including Clear, Tinted, Reflective, and Low-E glass, supports high-performance architectural designs and energy-efficient buildings. Emirates Glass: Expanding capabilities and design possibilities At Emirates Glass, 2024 brought both scale and sophistication. The company delivered 1.3 million+ sqm of processed glass, representing 8 per cent year-on-year growth, with output peaking at 28 per cent higher during key months. A major driver of this growth has been the company's investment in jumbo processing lines, which allow for precision cutting, tempering, and lamination on a larger scale. Emirates Glass also expanded its portfolio with fire-rated and bullet-resistant glass and launched a new digital printing unit; a game changer for architects seeking bespoke, large-format designs. Saudi American Glass: Design-led growth in the Kingdom Saudi American Glass (SAG), too, had a record year, delivering over 927,000 sqm in 2024; a 13 per cent increase from the previous year. SAG's design-led products, particularly under its Elite Vitrage brand, are seeing strong uptake across high-end residential, commercial, and hospitality projects. There's growing demand for artistic and digitally printed glass, and with Saudi Arabia's construction boom continuing through Vision 2030, the company expects this segment alone to grow by 57 per cent in 2025. Aligning with sustainability and regional visions At a time when the UAE is pushing ahead with its Net Zero 2050 Strategic Initiative and Saudi Arabia is realising its Vision 2030 goals, Dubai Investments' glass companies are playing an active role in supporting these missions. From solar control and Low-E technologies to green-certified manufacturing, the group's solutions are purpose-built for today's sustainable building mandates. Its export footprint, spanning 35+ countries, also reinforces the UAE's ambitions of becoming a global industrial hub. Building tomorrow with vision and purpose Dubai Investments, through its integrated glass manufacturing ecosystem, is not just keeping pace with this evolution, it is actively shaping it. By investing in technology, expanding capacity, and staying ahead of sustainability regulations, the group is setting new benchmarks for what locally manufactured glass can achieve. With Glass LLC, Dubai Investments is not only manufacturing at scale - it's reshaping the narrative around local industrial capability. From pioneering smart façades to enabling carbon-efficient cities, the group's glass business is now a pillar of both economic diversification and design excellence across the region. From curtain walls that reflect the region's architectural ambition to interiors that blend functionality with art, glass is fast becoming one of the most technically advanced and strategically important materials in the modern construction landscape. And with Dubai Investments at the helm, the region is better equipped than ever to build smarter, greener, and more resilient cities.
Arabian Business
18-06-2025
- Business
- Arabian Business
Pane and gain: Dubai Investments glass division shatters production record with 14.8 million sqm in 2024
Dubai Investments has reported record-breaking growth across its glass manufacturing portfolio, with production exceeding 14.8 million square meters in 2024. The surge reflects increased demand from regional mega projects and the company's continued investment in advanced, sustainable glass technologies. Glass LLC, a wholly owned subsidiary of Dubai Investments, oversees the group's glass operations and includes: Emirates Glass (EG) Emirates Float Glass (EFG) Saudi American Glass (SAG) Dubai glass manufacturing The three manufacturers serve the construction, architecture, transport, and energy sectors across the GCC and beyond. Abdulaziz Bin Yagub Al Serkal, CEO, Industrial Platform, Dubai Investments, said: 'The glass sector is a cornerstone of Dubai Investments' industrial platform—driving significant growth and reinforcing the Group's leadership in the GCC's high-performance materials market. 'As the region advances through mega projects and places greater emphasis on sustainability, Dubai Investments glass businesses are well-positioned to lead through innovation and product excellence. 'Continuous investments in cutting-edge technologies are sharpening the Group's competitive edge, enabling it to meet evolving industry needs while laying a strong foundation for long-term market leadership'. Emirates Float Glass (EFG), the UAE's only ICV-certified float glass manufacturer, produced over 12.6 million sqm of glass, reaching full production capacity in 2024 and exporting to five continents. EFG is listed on Abu Dhabi's Golden List for its contribution to national industrial development and is a key participant in the UAE's Projects of the 50 and Abu Dhabi Local Content Program. Emirates Glass (EG) reported an 8 per cent year-on-year production increase, contributing over 1.3 million sqm in 2024. Growth peaked at 28 per cent in December, thanks to investments in jumbo glass processing lines. Meanwhile, Saudi American Glass (SAG) achieved a 13 per cent annual increase, producing 927,000 sqm—its highest-ever output. A 48 per cent spike in digitally printed architectural glass demand has driven the success of Elite Vitrage, SAG's new artistic interior glass brand, with 57 per cent additional growth forecasted for 2025. Together, the companies under Glass LLC export to over 35 global markets, including the GCC, Africa, Europe, and Asia. Dubai Investments continues to invest in automation, capacity expansion, and next-gen technologies, ensuring it remains a leading force in the region's transition to sustainable infrastructure and advanced building materials.
Arabian Business
14-02-2025
- Business
- Arabian Business
Dubai Investments' MoUs drive regional pharma, glass collaboration at Qatar Industrial Summit
Dubai Investments, a leading diversified investment company, said its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), signed Memorandums of Understanding (MoUs) during the 5 th Higher Committee Meeting of the Integrated Industrial Partnership for Sustainable Economic Development, held in Doha, Qatar. The agreements, supported by MoIAT (Ministry of Industry and Advanced Technology), align with regional efforts to accelerate industrial growth, enhance economic collaboration, and drive sustainable development across key sectors. As part of the expanding pharmaceutical collaboration within the region, GlobalPharma, a leading generics partner, signed an MoU with Morocco's Zenith Pharma. The agreement focuses on technology transfer, licensing, and local manufacturing of critical medications, including injectable biologics, cholesterol treatments, and diabetes solutions. With an investment exceeding $50 million, the partnership aims to bolster pharmaceutical security and enhance local production capabilities across member countries. Emirates Float Glass (EFG) signed an MoU to supply high-quality float glass to a regional manufacturing company specializing in glass and silver mirror production. Under the terms of the MoU, EFG will leverage its advanced production capabilities to ensure a steady and high-quality supply of glass, aligning with broader efforts to enhance regional supply chains and industrial self-sufficiency. The agreements, signed at the Integrated Industrial Partnership for Sustainable Economic Development attended by industry ministers from the UAE, Egypt, Jordan, Bahrain, Morocco, Qatar, and Turkey, marked a significant milestone, further expanding cross-border cooperation and investment.
Hi Dubai
13-02-2025
- Business
- Hi Dubai
Dubai Investments Signs Two Key MOUs as Part of MoIAT's Regional Industrial Partnership
Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), has announced that its subsidiaries, GlobalPharma and Emirates Float Glass (EFG), have signed key Memorandums of Understanding (MOUs) during the 5th Higher Committee Meeting of the Integrated Industrial Partnership for Sustainable Economic Development in Doha, Qatar. The agreements, supported by the UAE's Ministry of Industry and Advanced Technology (MoIAT), aim to accelerate industrial growth, strengthen regional cooperation, and drive sustainable development across critical sectors. The high-profile event brought together industry ministers from the UAE, Egypt, Jordan, Bahrain, Morocco, Qatar, and Turkey, marking a significant step in expanding cross-border collaboration and investment. Mohammed Saeed Al Raqbani, General Manager of Dubai Investments Industries and Masharie, highlighted the importance of these agreements, stating, 'The signing of these MOUs reflects Dubai Investments' commitment to fostering industrial integration, strengthening regional supply chains, and driving sustainable economic development. By leveraging the expertise of our subsidiaries, we are contributing to the region's industrial growth and enhancing the competitive edge of our partners.' As part of the pharmaceutical sector's expansion, GlobalPharma, a key generics manufacturer under Dubai Investments, signed an MOU with Morocco's Zenith Pharma. The agreement, backed by an investment exceeding $50 million, focuses on technology transfer, licensing, and local production of critical medications, including injectable biologics, cholesterol treatments, and diabetes solutions. GlobalPharma was also recognized by attending ministers for its contributions to pharmaceutical research and development within the partnership. In the glass manufacturing sector, Emirates Float Glass (EFG) signed an MOU with a regional manufacturer in Bahrain to supply high-quality float glass for glass and silver mirror production. The agreement strengthens industrial integration between the UAE and Bahrain, ensuring a steady supply of raw materials and enhancing manufacturing efficiency. These strategic collaborations reinforce Dubai Investments' role in advancing regional industrial self-sufficiency and sustainable economic development. News Source: MSL
