Ducab Group closed 2024 on a high note, achieving unprecedented growth in its 45th year of operations.
The UAE-based energy solutions leader expanded into over 20 new markets, boosted production capacity, and launched innovative eco-friendly products. These milestones align with the UAE’s net-zero objectives under the Dubai Clean Energy Strategy 2050 and UAE Net Zero Strategy 2050.
The Group’s global footprint now spans 75 countries, with key achievements including its partnership with Emirates NBD India under the UAE-India Comprehensive Economic Partnership Agreement (CEPA). This collaboration solidifies Ducab’s role in India’s energy and infrastructure sectors, further supported by the Bengaluru office opened in 2023.
Africa also emerged as a critical growth region, with Ducab delivering Senegal’s first-ever shipment of 220kV high-voltage cables. This marks Senegal as the 23rd African country to adopt Ducab’s solutions, aiding its universal electrification goal by 2026.
The Ducab Metals Business (DMB) doubled its aluminium production capacity to 110,000 tonnes and expanded its portfolio by acquiring GIC Magnet. DMB also launched its eco-friendly ‘Green Aluminium Rod,’ reducing carbon emissions and energy use while supporting industries transitioning to green technologies.
Furthering sustainability, Ducab partnered with Schneider Electric to enhance its ESG strategy and planted 1,000 trees across UAE facilities under the “Plant the Emirates” initiative. Globally, the Group collaborated with Dubai Cares to construct a school in Nepal, benefitting 200 children and advancing education initiatives.
“2024 was a transformative year for Ducab,”
said Mohammed Abdul Rahman Al Mutawa, Group CEO.
“Our growth, innovation, and commitment to sustainability reinforce our role in global energy solutions and our dedication to creating value for communities.”
This record-breaking year positions Ducab as a leader in sustainable manufacturing and global energy solutions.
News Source: Emirates News Agency
