UAE dives into Lake Manzala project

 The UAE National Marine Dredging Company (NMDC) has announced that it won the rights to the expansion project of Lake Manzala in Egypt. (Shutterstock)
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Updated 21 September 2020

UAE dives into Lake Manzala project

  • Egyptian campaign aims to return the lake to its previous state and revive local fishing industry

CAIRO: The UAE National Marine Dredging Company (NMDC) has announced that it won the rights to the expansion project of Lake Manzala in Egypt, valued at 600 million UAE dirhams ($163 million).

The company’s announcement of the new project came following a disclosure published on the Abu Dhabi Securities Exchange website. It ensures compliance with the principle of disclosure and transparency in force in the UAE.

Lake Manzala is one of Egypt’s largest natural lakes. It is known for its potential fishing opportunities, as it has the basis for high fish stocks due to natural nutrients and a moderate climate throughout the year. It produces about half of the natural fish production in lakes.

The lake has witnessed neglect in recent years, losing much of its importance and wealth. In May 2017 Egyptian President Abdel Fattah El-Sisi launched a national project to develop Egyptian lakes, with a key focus on Lake Manzala.

NMDC said in a statement that winning the project came through its partnership with the Egyptian-Emirati Challenge Company. It said that it will take about two years to implement the project.

NMDC is one of the leading companies in the field of dredging, land reclamation and civil and marine construction in the Middle East. The Lake Manzala development project aims to improve the quality of water to restore free fishing and return the lake to its previous state, which will boost the local market and export output.

President El-Sisi said that Lake Manzala will contribute to enhancing Egypt’s fishing industry, and export operations will be activated after its full development. He directed the border governorates, in coordination with the Ministry of Interior and the Armed Forces, to remove all encroachments and criminal outposts on the lake.

Several days ago, Dakahlia governorate completed a difficult operation to remove encroachments on the lake. A large campaign that used Armed Forces Engineering Authority equipment removed 301 houses in the Abdo El-Salhy area in El-Matareya city, known as the “fishermen’s land,” which was built on areas that were filled in from the lake. The operation occurred after local fishermen were persuaded to obtain compensation for vacating their houses.

Magdy Zaher, executive director of Manzala Lake, said that the engineering authority used 320 excavators and 20 imported suction dredgers to work in the lake.

The authority dredged the upper islands isolated from the water with the help of an Emirati bulldozing company to increase the efficiency and purification of Lake Manzala.

Zaher said the lake project will require several steps.

The most important is the removal of encroachments on the water surface and doubling its area to 250,000 feddans, he said. Dredging and deepening the lake, opening the gates and extending the radial channels to allow Mediterranean waters to enter the lake will follow, he added.

A safety belt will come in the form of a road 80 km long and 30 meters wide, which will surround the lake and prevent future encroachments. It will also divert the course of the Bahr El-Baqar water treatment plant, which pours 12 million cubic meters of sanitary, industrial and agricultural drainage into the lake, Zaher said.


Saudi Aramco signs six agreements with international firms

Updated 30 November 2020

Saudi Aramco signs six agreements with international firms

  • Aramco said the signings paved the way for new business launches across several innovative growth sectors

LONDON: Saudi Aramco has signed memorandums of understanding with six firms as part of an expansion of its program to increase local content and boost domestic supply chains, the company announced on Monday.

The agreements are with: Dutch Shell & AMG Recycling, Suzhou XDM, Shen Gong, Xinfoo, SUPCON, and Posco.

Aramco said the signings paved the way for new business launches across several innovative growth sectors, including steel plate manufacturing, industrial 3D printing and digital equipment manufacturing, and marked a “significant milestone” in its in-Kingdom total value add (IKTVA) program.

The announcement was a “step change” in Aramco’s pioneering IKTVA program,  the company’s president and CEO Amin Nasser said. “Despite the uncertainties surrounding the global economy, we have sustained our focus on our long-term goals to enable growth and development for a thriving ecosystem and a more diversified Saudi economy.”

The collaborations would advance innovation, sustainability and enhance the scale of reliability, Nasser added. 

“These partnerships will also have a strong focus on new technologies, by maximising our investments in non-metallic materials and the circular carbon economy, as well as the development of talented Saudis in communities where we operate.”

Ahmad Al-Saadi, Aramco’s senior vice president of technical services, said the company had a history of supporting the local business ecosystem.

“Our IKTVA program is a manifestation of our commitment to this and the resulting investments, either directly by Aramco or indirectly by suppliers, have promoted localization, contributed to Aramco’s supply chain resilience and enhanced Saudi Arabia’s economic growth,” he said

“Our planned partnerships will continue this journey and advance the Kingdom’s economic progress. We intend to act as an enabler, supporting the growth of national champions. We are expanding our flagship program, and expect more partnerships in the future.”

The six agreements:

POSCO – an agreement to collaborate on evaluating the feasibility of constructing an integrated steel plate manufacturing plant in Saudi Arabia.

Suzhou XDM 3D Printing Company Ltd – an agreement to collaborate on industrial 3D printing technologies and development in Saudi Arabia.

SHEN GONG New Materials (Guang Zhou) Co. Ltd –  an agreement to focus on developing control systems technologies for LED lighting, energy management and intelligent control.

XINFOO Sensor Technology Company Limited – an agreement to explore opportunities in chip manufacturing and related technologies.

Shell & AMG Recycling B.V.  – an agreement to explore collaboration to develop plans for a state-of-the-art regional hub for the recycling of gasification ash and reclamation of spent catalysts, in addition to providing sustainable solutions.

Zhejiang SUPCON Technology Co. Ltd - an agreement to explore potential joint investment opportunities in Saudi Arabia for the services and manufacturing value chain.