ABU DHABI (WAM)

The Industrial Development Bureau (IDB), the Abu Dhabi Department of Economic Development’s (ADDED) arm to develop and regulate the industrial sector, has announced a collaboration with XMILE Group to establish a first-of-its-kind processing facility in the Middle East and Africa region for the reduction of Greenhouse Gas (GHG) Emissions.

The cooperation with XMILE Group, which produces enzyme-based fuel additives, will be a major addition to the local initiatives implemented for propelling sustainable industrial development in Abu Dhabi’s industrial sector.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, Gerard Paul Marie Hubert Steeghs, Ambassador of the Kingdom of the Netherlands to the UAE, and Rashed Abdulkarim Al Blooshi, Undersecretary of ADDED, witnessed the signing ceremony of the Memorandum of Understanding.

The MoU was signed by IDB Executive Director Arafat Al Yafei and Boudewijn Hugo Sanders, CEO of XMILE Group Ltd.

Al Yafei said, "Our collaboration with XMILE Group is part of IDB's commitment to promoting sustainability in the industry. This partnership aligns with the ADDED ‘Circular Economy Policy’ framework, which aims to drive the transition towards an innovative and sustainable economy by empowering industries to prioritise responsible production and consumption."

"We believe that the industrial sector has great potential for implementing innovative solutions and is crucial in diversifying Abu Dhabi's economy and leading the way towards a more sustainable future."