The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

IHC Finalizes AED 40 Billion Agreements at MIITE 2026

IHC Finalizes AED 40 Billion Agreements at MIITE 2026

Post by : Bianca Haleem

International Holding Company (IHC) wrapped up its involvement in the Make it in the Emirates Forum 2026, signing strategic agreements exceeding AED 40 billion to bolster the UAE’s industrial and economic landscape.

Spanning four days, the IHC Pavilion drew close to 100,000 visitors, showcasing over 40 affiliated companies. This venue became a hotspot for dialogues involving business leaders, policymakers, investors, and global partners.

Throughout the forum, IHC revealed more than 60 strategic agreements and partnerships targeting various sectors, including technology, infrastructure, financial services, logistics, energy, manufacturing, and food security. Additionally, the pavilion hosted over 40 sessions featuring more than 70 expert speakers, underscoring IHC’s pivotal role in the UAE's industrial evolution.

A standout development originated from Alpha Dhabi Holding and TA’ZIZ, who inked a strategic collaboration agreement worth roughly USD 10 billion (AED 36.7 billion) focused on industrial chemicals investments, aimed at fortifying the UAE’s manufacturing and chemicals landscape.

In another significant announcement, NMDC Infra secured an AED 1.046 billion EPC agreement with Lantania for a desalination plant in Fujairah.

NMDC Energy has also aligned with Borouge to propel major projects in energy and infrastructure through cutting-edge steel pipe coating technologies.

In efforts to enhance food security, NRTC formed a strategic partnership with Emirates Fast Food Company to bolster sustainable sourcing of fresh produce throughout the UAE.

A notable advancement from 2PointZero Group included a partnership with ISEM and KEZAD Group to create a new packaging manufacturing hub in Abu Dhabi.

The event featured rich discussions around advanced technologies, resilient supply chains, the concept of sovereign AI factories, free zone expansions, and economic ties between the UAE and Mexico, all centered on how investment and innovation can sustain long-term competitiveness.

Each day at the IHC Pavilion revolved around a strategic theme aligned with the UAE’s national development objectives, including themes such as “Confidence Through Continuity,” “UAE First,” “Turning Capital into Capability,” and “Engineering the Future.”

Syed Basar Shueb, CEO of IHC, emphasized the importance of this event in the context of the UAE’s industrial transformation. He articulated IHC’s mission to link investment with operational capacity to develop robust industries, resilient supply chains, and future-ready economic frameworks.

He further noted that the participation of over 40 group companies highlighted how IHC’s Dynamic Value Networks model fosters integrated ecosystems encompassing technology, infrastructure, financial services, and consumer industries.

In support of the UAE’s In-Country Value (ICV) initiative, several IHC subsidiaries posted commendable ICV scores. NMDC Energy reported a score of 85.16%, Aldar achieved 71.08%, and Trojan Construction Group secured 62%, showcasing their valuable contributions to local manufacturing and infrastructure advancement.

As MIITE 2026 came to a successful close, IHC reiterated its dedication to propelling the UAE’s industrial development strategy through investment, localization efforts, technology integration, and global collaborations.

May 16, 2026 12:09 p.m. 188
Global News Global Updates Business News Business & economy

More Trending News

Featured Stories

New Cargo War Risk Insurance Unveiled by Dubai Chambers and DP World
May 19, 2026 4:17 p.m.
Dubai Chambers, in collaboration with DP World and Dubai Customs, rolls out a new cargo insurance program to safeguard trade routes.
Read More
‘Michael’ Surpasses $700 Million Globally
May 19, 2026 4:17 p.m.
The Michael Jackson biopic shines at the North American box office, exceeding $700 million in global earnings.
Read More
AD Ports Introduces Cruise Operations at Red Sea Ports in Egypt
May 19, 2026 4:11 p.m.
AD Ports Group unveils cruise and ferry services at key Egyptian ports, enhancing tourism along the Red Sea.
Read More
Nadiem Makarim's Case Raises Alarm Among Indonesians Abroad
May 19, 2026 3:58 p.m.
The controversy surrounding Nadiem Makarim is causing young Indonesians overseas to hesitate about returning home for work.
Read More
Etihad Airways Enhances Paris Service with Double Daily A380 Flights
May 19, 2026 3:58 p.m.
From July 1, Etihad Airways will double its A380 flights to Paris, increasing overall services to three daily flights.
Read More
Tragic Shooting at San Diego Mosque Leaves Three Dead
May 19, 2026 3:56 p.m.
A suspected hate crime results in the deaths of three individuals at a San Diego mosque, triggering widespread community outrage.
Read More
Gunman Claims Six Lives in Mersin Shooting
May 19, 2026 3:41 p.m.
A shooting spree in Mersin, Turkey, results in six fatalities and eight injuries as police lead a manhunt for the suspect.
Read More
Victoria Day Parade Returns with a Concise Route
May 19, 2026 3:34 p.m.
The Victoria Day Parade celebrated with a streamlined route, uniting crowds in a festive, traditional celebration of Canada’s heritage.
Read More
Lianlian Achieves DFSA Licence to Enhance Payment Services in UAE
May 19, 2026 3:30 p.m.
Lianlian has secured a DFSA licence in Dubai to bolster its payment operations and enhance cross-border services in the region.
Read More
Sponsored
Trending News