The MENA region’s industrial sector is set to receive a major financial boost in 2025. Companies across the region have secured agreements totaling over $2 billion to drive industrial projects that will foster economic growth and create jobs.

Among the major agreements, Bahrain Steel signed a $1.3 billion deal with Qatar to supply 5 million metric tonnes of raw materials over five years.

The UAE’s ISC Capital and Bahrain’s Peninsula Farms have also agreed to establish a sustainable microalgae production facility in Bahrain, with an investment of $10 million. Egypt’s Giza Cable Accessories is set to build a new facility in the UAE to produce cable accessories and electrical connectors, with an investment of nearly $7 million.

The event organizers also confirmed that the UAE’s Mubadala Investment Company has acquired two factories – Adwia Pharmaceuticals in Egypt and PHI in Morocco.  The UAE’s Globalpharma and Morocco’s Zenith Pharma have also agreed to manufacture, license, and transfer technology in areas such as injectable medications, biologics, and treatments for cholesterol and diabetes, with an investment of more than $50 million.

In the plastics industry, Jordan’s Exceed Industries and Egypt’s Delta El Nile have secured deals, each valued at $10 million, to supply PET plastic containers and plastic caps, respectively, to the UAE’s Hayatna – National Dairy. Additionally, the UAE’s National Feed Factory has agreed to supply animal feed to Qatar’s Al Rayyan Horse Essentials in a deal worth $15 million.