The launch of Al Damani's new 45,000-sqft facility by M Glory Holding Group and Dubai Industrial City, a component of TECOM Group PJSC, marks a significant development in the production of electric vehicles in response to a growing demand for green mobility to lower carbon emissions worldwide. The temporary assembly line, which can produce a maximum of 10,000 automobiles annually, is housed in the new plant.

The groundbreaking ceremony for the factory was presided over by Dr. Majida Al-Azazi, chairman of the board of directors of M Glory Holding Group, and Saud Abu Al-Shawareb, executive vice president of industrial leasing at TECOM Group PJSC, as well as other prominent businesspeople and media representatives.

We are pleased to announce the opening of the Al Damani Electric Vehicle Manufacturing Factory in Dubai Industrial City, said Saud Abu Al-Shawareb, Executive Vice President of Industrial Leasing at TECOM Group PJSC, speaking on behalf of Dubai Industrial City. This significant accomplishment will offer the UAE and the region another source of low-emission energy and help us build a more sustainable future. The manufacturing sector can play a key role in supporting the national net zero objective by providing cutting-edge, technologically supported solutions in line with Operation 300bn and driven by our relationship with the Ministry of Industry and Advanced Technology.

The establishment of M Glory in our neighbourhood demonstrates our commitment to advancing the manufacturing industry and our conviction in the need to create an all-encompassing ecosystem that enables local manufacturers like M Glory to operate their businesses and advance the "Make it in the Emirates" initiative.

Dubai Industrial City, a part of the TECOM Group PJSC, is one of the most well-known industrial and logistical hubs in the area and is home to major global, regional, and local manufacturers in a variety of important key industries. It makes a significant contribution to the accomplishment of many national initiatives, including Operations 300 billion.

Dr. Majida Al-Azazi, the chairman of the board of directors of M Glory Holding Group, announced the official opening of the Damani Electric Vehicle Manufacturing Factory today. It is the first and only factory of its kind to be built in the UAE that complies with international standards and will produce eco-friendly electric vehicles, supporting efforts to reduce carbon pollution globally.

According to Dr. Al Azazi, This short term plant for the production of electric vehicles is situated on the million-square-foot oasis and will be utilized until the sustainable and comprehensive facility in Dubai Industrial City is completed it will be functional within the next two years and have a production capacity of 55,000 electric cars annually.

She stated, The cars will be competitive and durable, bringing quality contribution to the electric car market due to their compatibility with the environment and climate of the Gulf area.

Dr. Al-Azazi emphasised that the UAE government's 50 principles had made a significant contribution to the nation's industrial sector, which is currently enjoying a beautiful rebirth. By advancing national industrial institutions and businesses, improving their operations, and opening up new markets that have allowed them to grow globally, such vision has accelerated the sector's development.

I value the help and facilities supplied by Dubai Industrial City to build this first industrial facility of its kind in the Middle East, as it offers the right ecosystem for launching and growing our aims and future development plans, she said as she put it in her closing statement.