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the UAE , pointed out the show organiser , and the regional industry consists of fabrication yards and engineering workshops and not “ welding shops ”.
“ The exhibition will also host a two-day conference with high-level speakers and delegates with whom exhibitors can network . The conference will focus on the latest industry innovations , market analysis and emerging trends in machine innovation and the application of Artificial Intelligence ( AI ),” outlined Expo Centre Sharjah .
To enhance connectivity among steel industry leaders , the 2025 edition will introduce a buyers ’ programme , offering exclusive networking opportunities between top industry specialists and exhibitors . The programme is expected to attract over 200 key industry figures from across the GCC .
Plans are also underway to expand this hosted buyers ’ programme to the North African region . It will target countries such as Egypt , Morocco and Iran as well as African nations like Kenya and Nigeria .
Economic outlook
On 24 October 2024 , Jihad Azour ( director of Middle East and Central Asia Department , International Monetary Fund ) pointed out that GCC countries have adapted , over the past few years , to several shocks and challenges in the region and across the world . This included the COVID-19 pandemic and oil shocks . He added that oil countries and GCC countries have maintained a certain level of growth , “ despite OPEC + and its agreements .”
“ For 2024 , our projections are better than 2023 . The growth is about 1.2 per cent in 2024 and will improve in 2025 to reach 4.2 per cent in 2025 . The main driving force behind the growth in GCC countries is the development of the non-oil economy . This is a very important element . The development of the non-oil economy was a main lever for growth and the Gulf countries maintained a good level of growth ranging between three to four per cent for non-oil growth , under our investments that
The signing ceremony for the Evolve Future Mobility Show .
are aimed to develop other economic sectors in the future ,” he added .
These include renewable energy as well as technology which contributes to increasing the capacity of these countries to increasing revenues , diversifying the sources of revenue for economies and adapting to economic changes all over the world .
This year has been challenging , with conflicts causing devastating human suffering and economic damage . Oil production cuts are contributing to sluggish growth in many economies in the MENA region . The recent military escalation in Lebanon has also increased uncertainty in the region . n
SteelFab in 2022 .
EVOLVE FUTURE MOBILITY SHOW 2025
Expo Centre Sharjah ( ECS ) has signed a partnership agreement with MIE Events to launch the EVOLVE FUTURE MOBILITY SHOW 2025 from 15-18 October 2025 at the Centre . Over 100 global brands are expected to participate .
This event aims to highlight the future of sustainable transportation , showcasing electric , hydrogen and hybrid vehicles and electric bikes , alongside modern solutions and technologies in the electric transport sector .
The exhibition will feature components and systems of electric vehicles such as motors , electronic control units and battery management systems . Providers of charging services and integrated renewable energy solutions will also participate , highlighting developments in the EV ( electric vehicles ) industry in general .
It aims to bolster the presence of electric vehicle manufacturers in UAE markets and accelerate the pace of EV adoption , helping to reduce the transportation sector ’ s carbon footprint .
This supports the “ UAE Net Zero by 2050 ” strategic initiative and the circular economy , while also enhancing economic development .
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46 | ismr . net | ISMR November 2024