Dubai Investments Begins Construction on Second Float Line

Dubai Investments, a leading diversified investment company with a 30-year legacy and listed on the Dubai Financial Market (DFM), on Thursday announced the construction of the second production line for its wholly owned subsidiary, Emirates Float Glass (EFG), at its facility within the Khalifa Economic Zones Abu Dhabi (KEZAD).

The ceremony was attended by Dubai Investments Vice Chairman and CEO Khalid Bin Kalban, Chief Experience Officer of KEZAD Group Mohammed Ghareeb along with other senior officials from Dubai Investments and government authorities.

Representatives from the project’s key technology, civil works and contract management partners were also present, reflecting the collaborative effort behind this milestone, the company said in a regulatory disclosure with Abu Dhabi Securities Exchange (ADX) this morning.

Construction is underway, with the second float line expected to be fully operational by late 2027 to early 2028. Once complete, Emirates Float Glass will solidify its position as a regional leader in float-glass manufacturing, offering unmatched production capacity, technological innovation, and a comprehensive product range for customers across the GCC and beyond.

Khalid Bin Kalban said that the second float line marks a transformative milestone for the UAE’s industrial manufacturing landscape.

He said that with dual float lines and the introduction of Ultra Clear Glass, the Group is expanding capacity, enhancing product offerings and providing customers with a complete range of high-performance glass solutions under one roof.

Additional Investment

The expansion, representing an additional investment of over $163.38 million, will establish EFG as the only glass manufacturer in the GCC operating dual float lines, significantly increasing its production capabilities.

Together with EFG’s magnetron sputtering coater, the new line will offer a full range of high-transmission, low-emissivity coatings, meeting growing demand for premium architectural, solar and industrial glass applications.

Combined with the Group’s other glass subsidiaries, Emirates Glass and Saudi American Glass — customers will have a one-stop solution for their entire glass requirements, from standard float glass to advanced, coated specialty products.

EFG is also the only ICV-certified glass manufacturer, listed in the Golden List of the Abu Dhabi Economic Department, reflecting its commitment to local value creation, sustainable practices and high-quality operations.

Dubai Investments is one of the leading investments Group in the UAE, initiating new businesses and partnering with dynamic entities, creating strategic investment opportunities across the region. With 15,854 shareholders, a paid-up capital of $1.16 billion and total assets worth over $6.18 billion, the Group applies insight and experience to expand and be a reliable growth driver for businesses within sectors like real estate, manufacturing, healthcare, education, investments and services.

The Group’s diverse portfolio consists of wholly and partly owned companies and reflects the Company’s continued focus on business diversification to drive growth in line with evolving industry trends.