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$10b chemicals bet to help cut UAE imports
Gulf News
|May 07, 2026
TA'ZIZ SIGNS DEAL WITH ALPHA DHABI TO SPUR LOCAL MANUFACTURING
A'ZIZ and Alpha Dhabi Holding have signed a strategic collaboration agreement for about $10 billion (Dh36.7b) in planned chemicals investment in Abu Dhabi, in a move aimed at expanding local manufacturing and reducing reliance on imported industrial materials.
The agreement targets new industrial chemicals production within the TA'ZIZ ecosystem in Al Ruwais Industrial City, in the Al Dhafra region of Abu Dhabi. The collaboration is being advanced through a joint feasibility and market study, with final investment decisions and regulatory approvals still required.
14 chemicals in pipeline
The agreement was announced at the Make it in the Emirates platform yesterday, placing one of Abu Dhabi’s largest planned chemicals investments within the UAE’s broader industrial strategy.
This story is from the May 07, 2026 edition of Gulf News.
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