M Glory Holding Group and Dubai Industrial City, a TECOM Group PJSC, announce the opening of Al Damani’s new 45,000-sqft factory, representing a significant milestone in the manufacturing of electric cars to meet the rising demand for green mobility to reduce global carbon emissions. The new plant houses the temporary assembly line, with a maximum production capacity of 10,000 cars per year.
The factory’s groundbreaking ceremony 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 – Industrial Leasing at TECOM Group PJSC, along with other top business leaders and media representatives.
As a member of the TECOM Group PJSC, Dubai Industrial City is one of the region’s most prominent industrial and logistics hubs, home to international, regional, and local manufacturing giants in a wide range of strategic sectors. It significantly contributes to the achievement of several national strategies, such as Operations 300bn.
Dr Majida Al-Azazi, Chairman of the Board of Directors of M Glory Holding Group, said: “Today marks the official opening of the Damani Electric Vehicle Manufacturing Factory, the first and only facility of its kind in the UAE to meet international specifications where we will manufacture environmentally-friendly electric cars, contributing to global efforts to reduce carbon emissions and support sustainable development.”
She continued that due to the car’s compatibility with the environment and atmosphere of the Gulf area, they will be competitive and durable, offering qualitative addition to the electric car sector.
Dr Al-Azazi highlighted that the 50 principles announced by the UAE government contributed significantly to the country’s industrial sector, which is experiencing an extraordinary revival. Such a vision has hastened the sector’s development by boosting national industrial institutions and companies, enhancing their operations, and creating new markets that have allowed them to expand globally.
She concluded, “I appreciate the assistance and facilities offered by Dubai Industrial City to launch this first industrial facility of its kind in the Middle East, as it offers the ideal ecosystem for launching and developing our goals and future expansion plans.”
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