-+ 0.00%
-+ 0.00%
-+ 0.00%
Robo.ai Announces Groundbreaking for Phase I of ALIF Holding Group Industrial Park
Share
Listen to the news

Marine Security Project to Be the First Tenant, Advancing the Company's Advanced Manufacturing Strategy in the UAE

UMM AL QUWAIN, UAE, Sept. 25, 2026 /PRNewswire/ -- Robo.ai Inc. (Nasdaq: AIIO) ("Robo.ai" or the "Company") today announced that a groundbreaking ceremony was held in Umm Al Quwain for Phase I of the ALIF Holding Group Industrial Park (the "Industrial Park"). The first of the Industrial Park's three planned phases will have a designed gross floor area of approximately 8,845 square meters and is expected to involve the refurbishment of existing factory premises to provide local integration and manufacturing capabilities for ALIF Holding's industrial projects. The site is intended to be held by a majority-owned subsidiary of ALIF Holding whose registration in Umm Al Quwain is in progress; the related transfer procedures are underway and subject to approval by the competent authorities.

Read more at prnewswire.com

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending