Ducab Group CEO is the MENA representative in the wire and cable industry

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London: National visions around sustainable development support long-term cable industry growth in MENA despite global uncertainty, according to Mohammad Almutawa, CEO of Ducab Group. The sole MENA representative at the 2022 CRU Wire & Cable Conference leadership panel in London, Almutawa, noted the world continues to rely on wire and cable products to facilitate digital transformation and energy transition.

Almutawa stated that GCC countries, in particular, have set ambitious targets to switch to clean energy as part of their national visions. For example, Dubai in the UAE plans to have 25% of its electricity produced through solar by 2030, while Oman has a 30% renewable energy production target by the same period. By 2030, GCC countries are on track to save the equivalent of 354 million barrels of oil by switching to renewables, Almutawa added.

This shift will result in accelerated demand for cable and wire solutions. “There is currently more than $3.9 trillion worth of projects either planned or yet to be awarded in the MENA region,” Almutawa observed. The Group CEO added that a growing population, national strategies around sustainability and energy transition, and energy independence are factors behind the increase in investments in clean energy projects across the region.

As one of the largest manufacturing businesses in the UAE and a strong supporter of the “Made in the Emirates” brand, Ducab has supplied cable solutions to flagship projects in the UAE such as the Burj Khalifa, Dubai Metro, Emirates Palace, and Yas Marina Circuit. The renewed global focus on renewable energy saw Ducab launch a line of cables catering specifically to the solar energy sector. The SolarBICC range was selected for two of the region’s largest solar power generation projects, including the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai and Shams 1 in Abu Dhabi.

Ducab continuously aims to expand business internationally. Ducab products are today exported to 45 markets across the Gulf, Asia, Oceania, Africa, Europe, and the Americas. Exports cover approximately 60% of overall production, a proportion that has expanded significantly in the last few years.

CRU’s Wire & Cable 2022 Conference is the premier meeting place for the world’s wire and cable supply chain. This year’s conference will explore both energy and communications network developments across the entire value chain for insulated wire and cable products produced from copper, aluminium, optical fibre, and associated materials. 

About Ducab Group

As one of the largest manufacturing businesses in the UAE, Ducab provides world-class solutions to the global energy sector. Since 1979, the company has expanded from its home market and now has a footprint in 45 countries across the Middle East, Africa, Asia, Australasia, Europe, and the Americas.

Today, Ducab operates six high-tech manufacturing facilities and manages its own research, development, and specialized testing laboratories. With an increasing focus on renewables, the company produces advanced copper and aluminum wire and cable products as part of its end-to-end energy solutions. Ducab HV provides power transmission solutions, while its metals business DMB provides high-quality aluminum and copper industrial products to customers around the world.

Ducab employs just over 1,400 professionals across plants and offices in the Middle East region and contributes annual revenues of over $1.5bn to the UAE economy. Through Senaat, Ducab Group is part of ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy. Equally, Ducab is owned by the Investment Corporation of Dubai (ICD), which is the strategic investment arm of Dubai managing a broad portfolio of assets across wide spectrum of sectors globally.