Singapore-headquartered solar manufacturer Gstar Solar has signed a memorandum of understanding (MOU) with Middle Eastern investment company Siraj Group to build a 2GW module assembly plant in the region. Global semiconductor powerhouses TSMC and Samsung Electronics are reportedly exploring significant chip manufacturing ventures in the United Arab Emirates, with potential investments exceeding $100 billion. This development marks a strategic move as both companies seek to bolster their production. A Structural Shift: The UAE has emerged as the Middle East's semiconductor gravity center through coordinated positioning across capital, design, materials and AI-driven demand—rather than chasing standalone fab announcements. The world's biggest chipmaker, TSMC (Taiwan Semiconductor Manufacturing Company), is exploring possibilities of setting up a plant in the UAE.
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