Dubai reaffirmed its position as a global aerospace hub this week with the announcement of a new aircraft equipment manufacturing facility unveiled during the Dubai Airshow 2025 [[1]]. The project, a partnership between Mohammed bin Rashid Aerospace and Atherium Aerospace-a subsidiary of Economic Group Holdings-signals continued investment in the UAE’s diversification efforts and advanced manufacturing sector. This latest advancement builds upon the region’s growing prominence in aviation,already a key component of Dubai’s non-oil economy and a major draw for international investment.
Dubai’s aviation sector is poised for further expansion with a new manufacturing facility announced during the Dubai Airshow 2025. The project, spearheaded by Mohammed bin Rashid Aerospace, will be a partnership with Atherium Aerospace, a subsidiary of Economic Group Holdings, and aims to bolster the United Arab Emirates’ advanced manufacturing capabilities.
The agreement, signed at the airshow, will see Atherium Aerospace establish a state-of-the-art factory focused on producing aircraft equipment. Officials say the move is intended to meet growing demand for high-value services within the aviation industry and support Dubai’s ambition to become a global aviation hub.
“The partnership with Atherium Aerospace represents an important step in the development of Dubai’s comprehensive aviation ecosystem,” said Tahnoon Saif, Executive Director of Mohammed bin Rashid Aerospace. “As we continue to attract global companies to Mohammed bin Rashid Aerospace, we reaffirm our commitment to supporting advanced manufacturing, promoting innovation, and enabling companies to grow within Dubai South’s world-class infrastructure.”
Economic Group Holdings, a multinational conglomerate with operations across the Middle East, Africa, and Asia, will be strategically entering the aircraft manufacturing sector through the new Atherium Aerospace project. “Our collaboration with Dubai South to launch the new Atherium Aerospace project marks a strategic entry for the group into the aircraft manufacturing sector,” said Rouf Ali, Managing Director of Economic Group Holdings. “This step is a key milestone in diversifying our business towards high-value industrial sectors, in line with the UAE’s vision to enhance innovation in the industrial sector and sustainable economic growth.”
Economic Group Holdings manages more than 109 companies employing approximately 16,000 people in diverse fields including transportation, manufacturing, real estate, healthcare, logistics, commodities, and information technology. The new facility underscores the UAE’s increasing focus on diversifying its economy and strengthening its position as a leader in advanced manufacturing.
