emirates7 - The Mohammed bin Rashid Aerospace Hub (MBRAH) has signed an agreement with Atherion Aerospace, an aerospace manufacturing venture and a subsidiary of Economic Group Holdings (EGH), where the latter will develop advanced aerospace manufacturing services from its base at MBRAH.
The new facility will support the UAE’s growing demand for specialised, high-value aviation production and contribute to Dubai’s vision of becoming the world’s leading aviation hub.
The agreement was formalised during the Dubai Air2025, and was signed by Tahnoon Saif, CEO of Mohammed bin Rashid Aerospace Hub, and Sheikh Sultan Majid Hamad Binsaqar Alqasimi, Managing Director at Economic Group Holdings.
"Our partnership with Atherion Aerospace marks an important milestone in strengthening Dubai’s integrated aerospace ecosystem. As MBRAH continues to attract global industry players, this agreement reflects our commitment to supporting advanced manufacturing, fostering innovation, and enabling companies to thrive within Dubai South’s world-class aviation infrastructure," Saif said.
Rawoof Ali, Executive Director of Economic Group Holdings, said, “We are proud to partner with Dubai South in establishing our new venture, Atherion Aerospace, marking Economic Group Holdings’ strategic entry into the aerospace manufacturing sector. This collaboration represents a significant milestone in our journey to diversify and expand into high-value industries that align with the UAE’s vision for industrial innovation and sustainable economic growth.”
Economic Group Holdings stands as one of the most respected multinational conglomerates across the Middle East, Africa, and Asia. Operating over 109 companies and employing more than 16,000 professionals, its diversified portfolio spans key sectors including transport, manufacturing, real estate, healthcare, logistics, commodities and IT.
The new facility will support the UAE’s growing demand for specialised, high-value aviation production and contribute to Dubai’s vision of becoming the world’s leading aviation hub.
The agreement was formalised during the Dubai Air2025, and was signed by Tahnoon Saif, CEO of Mohammed bin Rashid Aerospace Hub, and Sheikh Sultan Majid Hamad Binsaqar Alqasimi, Managing Director at Economic Group Holdings.
"Our partnership with Atherion Aerospace marks an important milestone in strengthening Dubai’s integrated aerospace ecosystem. As MBRAH continues to attract global industry players, this agreement reflects our commitment to supporting advanced manufacturing, fostering innovation, and enabling companies to thrive within Dubai South’s world-class aviation infrastructure," Saif said.
Rawoof Ali, Executive Director of Economic Group Holdings, said, “We are proud to partner with Dubai South in establishing our new venture, Atherion Aerospace, marking Economic Group Holdings’ strategic entry into the aerospace manufacturing sector. This collaboration represents a significant milestone in our journey to diversify and expand into high-value industries that align with the UAE’s vision for industrial innovation and sustainable economic growth.”
Economic Group Holdings stands as one of the most respected multinational conglomerates across the Middle East, Africa, and Asia. Operating over 109 companies and employing more than 16,000 professionals, its diversified portfolio spans key sectors including transport, manufacturing, real estate, healthcare, logistics, commodities and IT.