PRESS RELEASE > DUCAB CELEBRATES 45 YEARS...

Ducab Celebrates 45 Years of UAE Industrial Leadership and Global Impact

Guests and executives attending Ducab's 45th Anniversary corporate event.

Dubai, UAE – 15 November 2024: Ducab Group, a leading provider of end-to-end energy solutions and one of the UAE’s largest manufacturing companies, celebrates 45 years of innovation, leadership, and exceptional achievements. Over four and a half decades, Ducab has solidified its position as a cornerstone in delivering integrated energy solutions and high-quality cables and metal products that meet global market demands. Ducab has also forged strong strategic partnerships with leading local, regional, and international industrial organizations, positioning itself at the forefront of shaping the industrial and technological future.

Throughout its journey, Ducab has set new benchmarks for industrial practices aligned with sustainability principles, significantly supporting sustainable development projects within the UAE and globally. Ducab remains at the forefront of shaping a bright industrial future while aligning with the UAE’s ambitious environmental goals.

Mohammed Almutawa, Group CEO of Ducab, said, “From Sheikh Rashid Bin Saeed Al Maktoum’s vision in 1979 to connecting communities worldwide today, Ducab’s journey has been one of growth, resilience, and purpose. We’ve grown alongside the UAE, fueled by its leadership’s inspiring vision. Our achievements reflect the dedication of our people, the strength of our partnerships, and the pride we bring to our work.”

Ducab’s early years saw a dedicated team of 86 employees who delivered the company’s first cables in 1980. Driven by the UAE’s rapid growth, the company quickly expanded beyond borders, stepping into the Indian market in 1988. By 2001, Ducab became a fully UAE-owned entity, equally shared by the governments of Dubai and Abu Dhabi, firmly establishing itself as a leader in the nation’s industrial development.

With a forward-looking approach, Ducab has steadily grown its capabilities. In 2005, a second manufacturing facility was opened, followed by a copper rod plant in 2008 to support local infrastructure needs. The opening of Ducab High Voltage (HV) in 2011 marked the Middle East’s first dedicated high and extra-high voltage cable facility, enabling Ducab to support major energy projects across the region. In 2020, Ducab expanded further with the creation of Ducab Metals Business (DMB), making it the region’s only provider of comprehensive copper and aluminium solutions.

In recent years, Ducab has deepened its commitment to sustainability and global reach. In 2023, Ducab designated India as its new home market and opened an office in Bengaluru, aligning with the UAE-India Comprehensive Economic Partnership Agreement (CEPA). That same year, the company launched Blade, a smart factory of the future project powered by Industry 4.0 technologies, setting a new standard for sustainable, cutting-edge manufacturing.

Expanding into 20 new markets in 2024, Ducab now reaches communities across Asia, Africa, Europe, and the Americas, broadening its presence to 75 countries. This growth aligns with the UAE’s ‘Operation 300bn’ strategy, positioning the UAE as a global hub for innovative, high-quality products.

As Ducab celebrates its 45th anniversary, the company looks toward the future with a renewed focus on growth and impact, staying true to its founding vision and supporting the UAE’s leadership on the global industrial stage.

DMB’s acquisition of GIC Magnet is a positive step towards our continued growth projection and customer-centric approach to being the best in class for metal solutions.

About Ducab Metals Business

Ducab Metals Business (DMB) is a reliable and responsible provider of high-quality copper and aluminium solutions. It is committed to delivering pioneering sustainable metal solutions globally. Established in 2020 as part of the Ducab Group, DMB builds upon a legacy of trust and over two decades of heritage, offering tailored copper and aluminium solutions.

With two state-of-the-art facilities and a total installed capacity of over 235,000 tonnes per annum, DMB is a leader in industry innovation. The company’s primary focus is on ensuring customer satisfaction by delivering the best products in the fields of copper and aluminium. DMB is also dedicated to increasing process efficiency, sustainable sourcing, recycling, and reducing its carbon footprint. The company’s approach integrates sound financial strategies and a robust supply chain designed to effectively address the evolving needs of various industries while maintaining the highest standards of product quality and customer service.