The UAE Ducab Group has achieved a 5% growth in 2019 profits, supported by the strong performance of its cable manufacturers and metal solutions companies.
According to Emirates News Agency, Dr. Ahmed bin Hassan Al Sheikh, Chairman of Ducab said: Ducab crowned its fortieth anniversary celebrations to launch its operational operations with exceptional growth and superior performance that contributed to the consolidation of our position as a leading national manufacturing company at the level of local and international markets .. We are proud to manufacture products that carry Made in the UAE worldwide, as Ducab cables and accessories are now used in more than 30 countries.
Ducab, through its six industrial facilities distributed on 4 locations in the United Arab Emirates, has a manufacturing capacity of more than 115,000 tons of high, medium and low voltage cables and an upgraded production capacity to produce 175,000 tons of copper and wire rods per year .. The group also exports 60% Of its products to various parts of the world.
During 2019, the company worked to supply and supply the Barakah nuclear power station in the country with cables, in addition to solidifying its commitment to developing the alternative energy sector in the United Arab Emirates by building its own solar energy station on the roof of its new offices in Dubai to generate electric power.
In terms of its activities outside the energy sector, Ducab confirmed last year that it had met 90% of the cable needs for the train project in Expo 2020 Dubai and the Dubai Metro Expansion Project path 2020. The company was also a supplier of the Riyadh train project in Saudi Arabia in addition to the railway project for Delhi Metro and Lucknow Metro in India.
