In a move that underscores Dubai’s growing appeal to global investors and manufacturers, Dubai Industrial City has announced the establishment of a new pharmaceutical and innovative medicine factory. The agreement, signed with MD Pharma Factory, was unveiled during the third edition of the Make it in the Emirates Forum in Abu Dhabi.
This agreement is part of a series of successes for Dubai Industrial City, which has attracted AED 2.8 billion in industrial investments over the past 18 months. The industrial hub continues to expand its ecosystem, cementing its position as a leading manufacturing and logistics centre.
This agreement is valued at over AED 130 million, highlighting Dubai Industrial City’s attractiveness to international investors. The new factory will bolster the UAE’s industrial sector, aligning with national initiatives such as Operation 300bn and Dubai Economic Agenda ‘D33’. These initiatives aim to diversify the regional economy and enhance the industrial sector’s competitiveness across the UAE, Egypt, Jordan, Bahrain, and Morocco.
MD Pharma Factory, headquartered in Cairo, will develop its first Egyptian medicine manufacturing facility in the UAE. The facility, spanning 223,000 square feet, will launch in 2025 and produce intravenous solution products for markets across the GCC and Africa.
Dr. Waleid Mohamed Nabil Deabes, owner of MD Pharma Factory, signed the agreement on behalf of the company. This expansion reflects the growing demand for high-quality industrial capacity in the region and Dubai Industrial City’s commitment to supporting its customers in unlocking new growth opportunities.
The signing ceremony was attended by prominent figures, including Her Excellency Sarah Al Amiri, UAE Minister of State for Public Education and Advanced Technology, and His Excellency Omar Al Suwaidi, Undersecretary of the Ministry of Industry and Advanced Technology. Also present were Malek Al Malek, Chairman of TECOM Group, Abdulla Belhoul, CEO of TECOM Group, and Saud Abu Alshawareb, Executive Vice President of Industrial at TECOM Group.
Saud Abu Alshawareb emphasised the importance of this investment, stating, “There is no substitute for the lasting value created by fostering a robust homegrown manufacturing sector. Collaboration is crucial to encourage the co-creation of long-term impact through manufacturing industry investments.”
At the Make it in the Emirates Forum, Dubai Industrial City launched an additional 13.9 million square feet of land to meet the rising demand for industrial space. Dubai Industrial City is home to over 1,000 local, regional, and international companies, including major names like Standard Carpets, Himalaya Wellness, IFFCO Group, and Unilever. It showcased its sector-specific infrastructure and intelligently planned ecosystem.
Dubai Industrial City is part of TECOM Group’s extensive portfolio, which includes other business destinations such as Dubai Internet City, Dubai Media City, and Dubai Science Park. The group’s efforts continue to attract global investment, driving forward the vision of a diversified and competitive industrial economy in the UAE.
As Dubai Industrial City continues to foster innovation and attract international investments, it is poised to play a significant role in the UAE’s industrial future, contributing to the broader goals of economic diversification and sustainable development.
