- MoU supports United Steel Industries logistics and import/export requirements
Abu Dhabi, United Arab Emirates, 7 November 2018: Fujairah Terminals, an operational arm wholly owned by Abu Dhabi Ports, has signed a Memorandum of Understanding (MoU) with United Steel Industries (USI), a premier manufacturer of rebars, rods and wire coils. The agreement supports the handling of the company’s import and export shipments through Port of Fujairah and means Fujairah Terminals will facilitate all required logistics support for the company.
The MoU was signed by Ahmed Al Mutawa, Chief Executive Officer of Fujairah Terminals, and Mamed Magomadov, Partner at United Steel Industries. The partnership enables United Steel Industries to benefit from the Fujairah Terminals’ strategic location and platform to efficiently access the region.
Ahmed Al Mutawa said: “Our continued collaboration with United Steel Industries stems from our commitment to consistently play a vital role in supporting the economic and social development of the Emirate’s business community. Today’s MoU portrays Fujairah Terminals’ competitive advantage and will provide United Steel Industries with increased time efficiencies and immense cost reductions. We look forward to continue solidifying our position within the UAE’s strategic expansion into markets in the Indian sub-continent and East Africa.