# AJ Al Asmawi Group expands at Dubai Industrial City with AED 45M facility

AJ Al Asmawi Group signed a musataha agreement with Dubai Industrial City to expand its operations, investing AED 45 million in a new facility for oil rigs manufacturing and refurbishment. Construction is expected to be completed by end of 2027, creating about 200 jobs.

- Type: Expansion
- Announced: 2026-05-07
- Where: Dubai Industrial City, Dubai, United Arab Emirates
- Value: $12.3M (45.0M AED)
- Jobs: 200
- Starts operating: 2027
- Status: announced
- Capacity: 330,000 sq.ft. new development
- Products: oil rigs manufacturing, oil rigs refurbishment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [AJ Al Asmawi Group](https://endata.com/companies/91781.md)
- [Dubai Industrial City](https://endata.com/companies/91782.md) (partner)

## Sources

- [dubainews.net](https://www.dubainews.net/news/279035781/aj-al-asmawi-group-to-expand-advanced-manufacturing-footprint-at-dubai-industrial-city), 2026-05-07: "AJ Al Asmawi Group is investing a further AED 45 million in a new facility, bringing its total investment at Dubai Industrial City to approximately AED 500 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.