The Group now supplies energy solutions to over 75 countries
Ducab Group concluded 2024 with record growth, strengthening its position as a global leader in energy solutions and sustainable manufacturing. In its 45th year of operations, the Group expanded into more than 20 new markets, significantly increased production capacity, and launched innovative eco-friendly products.
These initiatives powered large-scale infrastructure projects and accelerated industrial decarbonization efforts, contributing to the UAE’s net-zero objectives outlined in the Dubai Clean Energy Strategy 2050 and the UAE Net Zero Strategy 2050, the company revealed in a press statement.
Ducab’s international reach surged in 2024, with the Group now supplying energy solutions to over 75 countries. A major highlight of this growth was the agreement with Emirates NBD India, signed under the UAE-India Comprehensive Economic Partnership Agreement (CEPA).
Africa growth
Africa also emerged as a major growth market, with Ducab supplying Senegal’s first-ever shipment of 220kV copper high-voltage cables in 2024. Part of Dakar’s electrification initiative, this project makes Senegal the 23rd African nation to benefit from Ducab’s solutions, supporting the country’s goal of universal electricity access by 2026.
“2024 has been an important year for Ducab, marked by growth, innovation, and leadership in sustainable manufacturing. This progress reinforces our role in global energy solutions and our commitment to the UAE’s clean energy and net-zero goals. As we grow, we stay dedicated to creating value for our partners and communities,” stressed Mohammad Almutawa, Group CEO, Ducab.
Ducab Metals Business (DMB), Ducab’s subsidiary, achieved significant growth, doubling its annual aluminium production capacity from 55,000 to 110,000 tonnes and increasing bare copper output.
Expansion
This expansion is the result of growing global demand for UAE-manufactured metals and DMB’s competitiveness in international markets, supporting the UAE’s Operation 300bn strategy to drive industrial development and economic diversification.
Ducab Group further advanced its decarbonization efforts through an enhanced Environmental, Social, and Governance (ESG) strategy. In 2024, Ducab partnered with Schneider Electric to develop its ESG roadmap.
