30 April 2013, Abu Dhabi, UAE -- Senaat, one of the largest industrial holding companies in the UAE, took part in the Annual Investment Meeting (AIM) 2013 as a diamond sponsor. The event, held under the patronage of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai and hosted by the UAE's Ministry of Economy, is taking place from 30 April to 2 May at the Dubai International Convention & Exhibition Centre. 

Several members of Senaat's senior management, including CEO, Eng. Suhail Mubarak Al Ameri, attended AIM 2013 to discuss the critical role foreign direct investment plays in the UAE, and how it benefits Senaat and its subsidiaries.

Commenting on Senaat's sponsorship and participation at AIM 2013, Eng. Al Ameri said: "As a driver of industrial investments and a champion of economic diversity in Abu Dhabi, Senaat is committed to attracting foreign direct investment into the Emirate and the UAE as a whole. AIM provided us with a high profile platform to showcase our current projects, demonstrate Abu Dhabi's growing attraction as an investment destination and exchange views and knowledge with global leaders in the industrial sector."

AIM is the region's first emerging markets, foreign direct investment-focused event that offers insight into future investment decisions and sectors expected to achieve significant growth. It attracts a mix of senior government officials, private asset owners and project promoters worldwide.

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For media enquiries, please contact:
Nabih Tarabay/Dina Ghandour
Brunswick Group
Phone: +971 (0)2 2344600
Email: senaat@brunswickgroup.com

About Senaat
Senaat is one of the UAE's largest industrial investment holding companies, managing more than AED 25.4 billion (US$6.9 billion) of industrial assets on behalf of the Government of Abu Dhabi. Mandated to create, optimise, promote and champion capital- and power-intensive assets, Senaat is a key contributor to Abu Dhabi's Economic Vision 2030 which aims to further the Emirate's economic diversification by stimulating non-oil sectors. Senaat has invested over AED 16 billion (US$ 4.4 billion) in the non-oil sector since 2004.

Senaat thrives on the development of UAE national human capital through leadership development, job creation and knowledge transfer. Senaat employs more than 18,000 staff, and its leadership is made up entirely of UAE nationals.

Its portfolio companies benefit from Senaat's unique ability to source innovation, create and grow businesses and provide proactive, strategic input through to commercial productivity. Senaat aligns itself with its portfolio companies to build world-class companies:

  • Emirates Steel Industries, the only integrated steel producer in the UAE and one of the largest integrated steel producers in the GCC.

  • National Petroleum Construction Company (NPCC), a major international contractor providing integrated onshore and offshore oil and gas fabrication, support and Engineering, Procurement and Construction (EPC) services.

  • Arkan Building Materials Co, which specialises in the manufacturing of building and construction products in the UAE.

  • Dubai Cable Company (Ducab), a joint venture between the Abu Dhabi and Dubai governments and is one of the leading manufacturers of high-quality power cables and wires in the Middle East.

  • Agthia Group, one of the UAE's leading food and beverage groups with assets across the Middle East, North Africa and Turkey.

  • Al Foah, the largest date company in the world which manages the process of packaging, distributing and marketing dates in Abu Dhabi to 23 different countries.

  • Taweelah Aluminium Extrusion Company (TALEX), a joint venture with Gulf Extrusions, an Al Ghurair Group company, and owns and manages the 50,000 metric tonne capacity, state-of-the-art Aluminium Extrusion plant based at Kizad.

For further information, please visit our website: www.senaat.co

© Press Release 2013