Ducab Group, one of the largest manufacturers in the UAE, has announced a 5% increase in gross profitability in 2019, driven by the rise in key areas of the cable and metal manufacturing portfolio.
In this regard, Ahmed Bin Hassan Al Sheikh, Chairman of Ducab, said: “Ducab’s 40th anniversary of operations saw our position as a leading manufacturer in the UAE solidified through a strong commitment to both the local and international markets. We are proudly flying the flag for ‘Made in UAE’ products across the world, with Ducab cables and accessories now used in more than 30 countries.”
With six manufacturing facilities in four locations in the UAE, Ducab today has a manufacturing capacity of over 115,000 tons of metal from high, medium and low voltage cable solutions, and an enhanced production capacity of 175,000 tons of copper and wire rods annually, supplemented by 50,000 tons annually of Aluminum bars and overhead connectors. Ducab exports 60% of its total production worldwide.
Ducab supplied the Barakah nuclear power plant with cables. It also constructed its own solar power plant in its new offices, increased its products to incentivize and support energy projects in Dhofar, Sultanate of Oman, and provided various projects in the Middle East and North Africa in the past year.
Ducab has supplied 90% of the cables for the train project in Expo 2020 Dubai, and cables for the Dubai Metro Expansion Project (Track 2020). It has also been a supplier to the Riyadh Metro in Kingdom of Saudi Arabia and Delhi Metro and Lucknow Metro rail projects in India, in addition to obtaining a number of ther strategic contracts, including a series of partnerships with ADNOC.
