Tag Archives: EMSTEEL

EMSTEEL and Yellow Door Energy Partner to Develop the Largest Industrial Solar PV Rooftop Project in the UAE

Abu Dhabi, UAE – March 25, 2025:EMSTEEL Group (ADX: EMSTEEL), one of the largest publicly traded steel and building materials manufacturers in the region, has announced a strategic partnership with Yellow Door Energy, the largest sustainable energy partner for businesses in the Middle East and Africa, to develop the largest industrial solar PV rooftop project in the UAE. The 31.5-megawatt-peak (MWp) solar power project will power EMSTEEL’s facilities with renewable energy, reinforcing the Group’s commitment to pioneering self-generating energy sources for sustainable manufacturing in the region.

This strategic initiative is a key part of EMSTEEL’s decarbonization strategy implementation and aligns with the UAE’s Net Zero by 2050 commitment. Under the agreement, Yellow Door Energy will finance, build, own, operate, and maintain solar panel installations across 40EMSTEEL roofsin ICAD 1, Abu Dhabi. The project will comprise rooftop and carport solar installations, including high-efficiency solar panels, with bifacial panels used for carports to optimize clean energy generation.

Continue reading EMSTEEL and Yellow Door Energy Partner to Develop the Largest Industrial Solar PV Rooftop Project in the UAE

EMSTEEL Announces Comprehensive Decarbonization Strategy, Aligned with the UAE’s Net-Zero by 2050 Strategic Initiative

Abu Dhabi, UAE – 17 February 2025: EMSTEEL (‘The Group’, one of the GCC region’s largest publicly traded steel and building materials manufacturers, today unveiled its ambitious decarbonization strategy. The company aims to achieve a 40% reduction in absolute greenhouse gas (GHG) emissions in its Steel Business Unit and a 30% reduction in its Cement Business Unit by 2030, using 2019 as the baseline year, with the ultimate goal of reaching net-zero emissions by 2050.

Continue reading EMSTEEL Announces Comprehensive Decarbonization Strategy, Aligned with the UAE’s Net-Zero by 2050 Strategic Initiative

EMSTEEL reinforces its commitment to building national talent

Group’s Emiratisation initiatives aimed at enabling a sustainable manufacturing sector in the UAE

Abu Dhabi, United Arab Emirates, 4 February 2025: EMSTEEL, one of the largest publicly traded steel and building materials manufacturers in the region, reiterates its commitment to supporting the growth of Emirati talent within the manufacturing sector. The group has launched a range of all-encompassing and strategic initiatives to support national Emiratisation goals, and to drive the future of the UAE’s critical manufacturing sector in line with the national Operation 300bn strategy to reinforce the UAE’s position globally as a leader in advanced industries.

Continue reading EMSTEEL reinforces its commitment to building national talent

EMSTEEL delivers AED 5.9 billion revenues in the first nine months of 2024

Abu Dhabi, United Arab Emirates, 1 November 2024: EMSTEEL (ADX: EMSTEEL) (“the Group”), one of the largest publicly traded steel and building materials manufacturers in the region, today announced its financial results for the first nine months of 2024.

The results demonstrate overall adaptability across the Group’s operations, showcasing the resilience of its Steel division (Emirates Steel) in navigating challenging market conditions, as well as the continued improvement of profitability of its Building Materials division (Emirates Cement).

Continue reading EMSTEEL delivers AED 5.9 billion revenues in the first nine months of 2024

Emirates Steel Arkan rebrands as EMSTEEL to drive operational evolution and global growth

  • EMSTEEL Group consists of two business divisions: Emirates Steel and Emirates Cement
  • Group contributes to 11% of Abu Dhabi’s manufacturing activity output
  • Strategic advancement will enable EMSTEEL to lead sustainable industrial transformation

Abu Dhabi, UAE: 5 September 2024: Emirates Steel Arkan, the UAE’s largest publicly listed steel and building materials company, has rebranded as EMSTEEL (ADX: EMSTEEL) as part of a broader strategy to accelerate its operational transformation and extend its global presence. The new brand identity and operating model were officially launched at an event in Abu Dhabi attended by high-ranking dignitaries and over 400 customers, partners and employees.

Continue reading Emirates Steel Arkan rebrands as EMSTEEL to drive operational evolution and global growth