Magnum Technology doubles down on Sharjah with 53,000 sq ft expansion

Sharjah, United Arab Emirates, Feb 4, 2026  (GDM)— Magnum Technology Centre (MTC) has expanded its operations in Sharjah’s Hamriyah Free Zone Authority (HFZA) by inaugurating two new fully enclosed production facilities covering more than 53,000 square feet (approximately 4,900 square metres).

The expansion brings MTC’s total land area within the free zone to around 800,000 square feet, strengthening its presence in the emirate’s industrial landscape.

The facilities were officially opened by Saud Salim Al Mazrouei, Director of HFZA, in the presence of senior officials from both the authority and the company.

During a tour of the site, Al Mazrouei inspected the production, storage and assembly areas, along with advanced systems designed to comply with the highest international safety and quality standards.

Al Mazrouei said the project aligns with Sharjah’s strategy to position itself as a leading global investment destination. He highlighted that HFZA — the UAE’s second-largest industrial free zone — now hosts more than 6,500 companies from over 160 countries. Established in 1995 by Emiri Decree, the zone spans approximately 30 million square metres and features a deep-water port, integrated logistics infrastructure and advanced digital services.

The authority supports a diverse range of industries, with a strong emphasis on oil and gas, energy, petrochemicals, manufacturing (including steel, metals and food processing), maritime services, logistics and heavy industry. Many companies operate in energy-related sectors, supported by the zone’s strategic location near major shipping routes and its robust ecosystem for industrial operations.

Sajeev John, Vice President of MTC, said the new facilities will enhance operational efficiency and enable the company to expand into modular data centres, power distribution units, cooling systems and hydrogen-based energy solutions.

“This development positions us to better serve growing demand across regional and international markets,” John added.

The Hamriyah Free Zone has attracted a broad mix of investors from Europe, Asia, the Americas, Africa and the Middle East, with many focusing on export-oriented manufacturing, energy services and supply-chain activities. The zone offers 100% foreign ownership, tax exemptions on corporate and personal income, and full repatriation of capital and profits, contributing to its sustained growth as a key industrial hub in the UAE.

Hot this week

Empire, Pressure, Gunshot: Inside C.J. Roy’s End

The Rise and Fall of a Builder: The Story...

Do You Know How to Secure Qatar’s 10-Year Residency?

DOHA, Qatar (GDM) -- Qatar has unveiled a groundbreaking...

Oman, DP World advance strategic Al Rawdah SEZ project

MUSCAT, Jan 26, 2026 (GDM) – Senior Omani officials...

Sharjah Heritage to take part in Cairo International Book Fair

SHARJAH, Jan 18, 2026 (WAM) – The Sharjah Institute...

UAE-Indian Leaders Bolster Strategic Partnership

By Gulf Daily Mail/Diplomatic Desk NEW DELHI, Jan 19 –...

Aldar awards AED66bn in contracts in 2025, 45% to UAE economy

ABU DHABI, United Arab Emirates, Feb 4, 2026 (GDM)...

Sharjah to Convert Truck Toll Gates into Electronic “Masaar” System

Sharjah, United Arab Emirates (GDM)— Sharjah’s Executive Council has...

Do You Know How to Secure Qatar’s 10-Year Residency?

DOHA, Qatar (GDM) -- Qatar has unveiled a groundbreaking...

Saudi Arabia Opens Its Largest Ultra All-Inclusive Resort

KING ABDULLAH ECONOMIC CITY, Saudi Arabia – Feb. 3,...

Abu Dhabi Indian School Marks 50 Years of UAE-India Friendship

Abu Dhbai, United Arab Emirates -Feb.03,2026 (GDM) A journey...

UAE hotels roll out curated Valentine’s Day experiences

DUBAI, Feb. 2026 (GDM)— Hotels and dining venues across...

Related Articles

Popular Categories