H.E. Suhail Mohamed Al Mazrouei, Minister of Energy and Industry, United Arab Emirates and incoming President of the 18th Session of the UNIDO General Conference said; ”The UNIDO General Conference is an important platform to discuss some of the world’s most pressing challenges. As the technologies provided by the fourth industrial revolution emerge, it is critical that partnerships between global industry players are strengthened. Consequently, I am delighted to welcome SENAAT as the Exclusive Platinum Partner of the UAE contribution to the UNIDO General Conference so that we work together to drive forward a global strategy that enables the delivery of shared objectives, and the promotion of inclusive and sustainable industrial development around the world”.
H.E. Dr. Mohammed Rashed Al Hameli Chairman of SENAAT, said: “Abu Dhabi’s strong industrial ecosystem is characterized by synergies and alliances between different industry leaders, associations and major organizations. The UNIDO General Conference serves as a solid platform to explore potential partnerships with local, regional and international stakeholders to promote inclusive and sustainable industrial development.”
Eng. Jamal Salem Al Dhaheri, CEO ofSenaat said: “The partnership between SENAAT and the UNIDO GC is the result of our shared commitment to take a transformational approach towards shaping the future of manufacturing in the advent of the Fourth Industrial Revolution. SENAAT is passionate about sustained economic growth and we have an open-door policy towards partnering with key industrial sector players as we believe, together, with vast experience and deep knowledge, we can bridge economic, social and environmental gaps for sustainable development.”
SENAAT currently has nine portfolio companies and manages AED 27.3 billion of industrial assets including metals, F&B, O&G, building materials. Consequently, in 2018, SENAAT achieved revenues of AED 16.3 billion, a 3.5% increase over 2017, and a 2018 EBITDA of AED 2.5 billion delivering solid shareholder value. SENAAT is committed to the development of highly skilled human capital and in doing so; the organisation invests in upskilling Emiratis to achieve their full potential and to drive the next generation of industrial sector growth - one of the most important pillars of sustainable socio-economic development.
The UNIDO General Conference is the supreme policymaking event that convenes every two years to determine the guidelines and policies of the Organization and approve its budget and working programmes. Since becoming a specialized agency, the UNIDO General Conference was hosted away from its Vienna Headquarters only three times: in Bangkok, Thailand (1987); in Yaoundé, Cameroon (1993); in Lima, Peru (2013); and now in Abu Dhabi, United Arab Emirates (2019). The eighteenth session of the UNIDO General Conference will be held from 3 to 7 November 2019 in Abu Dhabi, UAE.
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About the United Nations Industrial Development Organization (UNIDO):
UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability. UNIDO’s mission, as described in the Lima Declaration adopted at the fifteenth session of the UNIDO General Conference in 2013, is to promote and accelerate inclusive and sustainable industrial development (ISID) in Member States. The relevance of ISID as an integrated approach to all three pillars of sustainable development is recognized by the 2030 Agenda for Sustainable Development and the related Sustainable Development Goals (SDGs): UNIDO’s mandate is fully recognized in SDG 9, which calls to “Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation”. The relevance of ISID, however, applies in greater or lesser extent to all SDGs.
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About SENAAT :
SENAAT is one of the UAE’s largest industrial holding companies, managing assets for the Government of Abu Dhabi. SENAAT is fully owned by Abu Dhabi Government and has been mandated to create, acquire and optimise industrial businesses in Abu Dhabi and beyond to maximize shareholder value. It is a key contributor to Abu Dhabi’s Economic Vision 2030, which aims to diversify the Emirate’s economy away from its reliance on the hydrocarbon sector by developing a strong industrial capability. SENAAT currently operates in four of the key industrial sectors listed in Abu Dhabi 2030 – Metals, Oil & Gas Services, Construction & Building Materials and Food & Beverages Manufacturing. SENAAT contributes to the socio-economic development of Abu Dhabi, in a profitable manner, while developing human capital.
SENAAT, which translates as ‘Industries’ manages nearly AED 27.3 billion of industrial assets and has invested in the non-oil sector an average of AED 1.6 billion a year over the last 10 years. SENAAT employs more than 23,000 people across its portfolio of nine companies and its leadership is made up mainly of Emirati nationals.
Its subsidiary 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 is the only integrated steel producer in the UAE and one of the largest integrated steel producers in the GCC.
NPCC is a major international contractor providing integrated onshore and offshore oil and gas fabrication, support and Engineering, Procurement and Construction services.
Arkan specialises in the manufacturing of building and construction products in the UAE.
Ducab is 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 is one of the UAE’s leading food and beverage groups with assets across the Middle East, North Africa and Turkey.
Al Foah is the largest date company in the world. It manages the process of packaging, distributing and marketing dates in Abu Dhabi to 48 different countries.
NTS Group is a joint venture between SENAAT and TUBACEX. It is a specialized manufacturer and provider of repair services for oil & gas downhole tooling components.
Al Gharbia Pipe Company is a joint venture between SENAAT and two of Japan’s leading companies in the steel sector, JFE Steel Corporation and Marubeni-Itochu Steel Inc (MISI). It owns and manages the UAE’s first sour service capable, welded steel pipe plant based at Kizad with expected capacity of 240,000 tons annually.
- Ducab Aluminium Company (DAC)
DAC is a joint venture between SENAAT and its portfolio company Ducab, which is currently constructing a facility to manufacture aluminium alloy rods, wires, and bare overhead conductors, mainly for use in cable-making, utilities, and other manufacturing.
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© Press Release 2019