Dubai Industrial City has signed an agreement worth AED130 million (US$35.39 million) with MD Pharma Factory to set up the first Egyptian medicine manufacturing facility in the UAE. Across a plot of land spanning 223,000 sq. ft., the factory, when it opens in 2025, is slated to produce a range of intravenous solution products to serve markets across the GCC and Africa. The signing took place at the third edition of Make it in the Emirates (MIITE) Forum, organised by the Ministry of Industry and Advanced Technology in cooperation with Abu Dhabi Department of Economic Development and Adnoc in Abu Dhabi recently. The ceremony was witnessed by Sarah Al Amiri, UAE Minister of State for Public Education and Advanced Technology, Omar Al Suwaidi, Undersecretary of Ministry of Industry and Advanced Technology, alongside Malek Al Malek, Chairman of TECOM Group, Abdulla Belhoul, Chief Executive Officer of TECOM Group, and Saud Abu Alshawareb, Executive Vice President, Industrial, TECOM Group.
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