Ducab, a UAE-based company, will now focus on providing ?Energy for change? underscored by a new brand identity, which was unveiled by Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Dubai Supreme Council of Energy, alongside Ducab?s leadership team at WETEX and Dubai Solar Show 2021
The company?s strategy is designed to generate positive economic, social, and environmental impact. This renewed purpose will mean providing innovative, and sustainable energy solutions available in the market today - proudly developed in the UAE.
Speaking at WETEX, Jamal Salem Al Dhaheri, chairman of Ducab, said, ?Founded over 40 years ago, we grew rapidly with the radical transformation of the UAE and the wider Middle East region. During this time, we never stood still. Our ambition took us to 45 countries around the world, and from under 100 employees to a global workforce of more than 1,400. As we seek to expand our business into new sectors and new geographies, our revitalised corporate vision and values set a clear direction for our next chapter of sustainable growth.?
Ducab continues to serve customers worldwide in the fields of construction, transportation, industry, and other verticals. The brand is also focused on investments in the development, certification, and production of end-to-end energy solutions tailored around customer needs in solar, wind, and nuclear power. All three business units under Ducab group will be involved: Ducab, the core cable and wires business; DMB, the provider of high-quality industrial metals; and Ducab HV, the provider of specialised high-voltage utility solutions.
This strategic realignment comes at a time when the renewable energy sector is growing faster than ever, with the entire world focusing on mitigating climate change through decarbonisation ? the move from coal, oil, and gas power to renewable sources like wind and solar. The UAE?s Energy Strategy 2050 plans to increase the contribution of clean energy sources within the total capacity mix to 50% by 2050, through projects such as the Mohammed bin Rashid Al Maktoum Solar Park, designed to be one of the largest single-site solar parks in the world with a planned capacity of 5,000MW by 2030.
Ducab has already started to recalibrate many of its own operations around sustainability. This includes a strategy for raw material procurement with a greater emphasis on local and regional sourcing. This will further reduce the company?s environmental footprint and support the UAE?s industrial ecosystem. Ducab recently opened its first in-house solar plant to power its new headquarter building in Jebel Ali and parts of its manufacturing plant, setting new standards for managing industrial emissions and energy consumption. The launch of the new UAE industrial strategy earlier this year reflects the enormous opportunities ahead.
Ducab does all this while continuing to strengthen the participation of Emirati youth in the industrial sector. Its Emiratisation programme focuses on internships, training, and succession planning, and has led to the successful recruitment and retention of talented UAE nationals at every level across the organisation.
