Ducab acquires Oman’s National Cable Factory

Ducab Group, a leading UAE-based energy solutions provider, has acquired Oman’s National Cable Factory (NCF) in Salalah, marking a key step in the company’s regional expansion.

The acquisition combines Omani manufacturing expertise with the UAE’s industrial capabilities, aiming to enhance local value creation, elevate quality standards, and support Oman’s economic growth.

The deal is expected to strengthen Oman’s energy infrastructure by focusing on high-value exports and adherence to international standards.

By integrating NCF into its operations, Ducab aims to boost both production efficiency and the competitiveness of the Sultanate’s industrial sector.

Analysts note the move could further enhance non-oil trade between the UAE and Oman. Oman remains the UAE’s second-largest GCC trading partner, with non-oil trade reaching AED 56.2 billion (US$15.3 billion) in 2024, a 9.8% rise from 2023 and a 32.4% increase since 2020.

GCC growth

The UAE continues to be Oman’s largest global trading partner, supplying over 40% of the Sultanate’s imports and facilitating around 20% of its exports to international markets.

This acquisition highlights Ducab’s strategy to expand its regional footprint while supporting industrial development and strengthening trade ties between the UAE and Oman.

Ducab Group, Oman, National Cable Factory, Salalah, UAE, industrial expansion, energy infrastructure, non-oil trade, GCC, exports, economic growth

Gert Hoefman, CEO of Ducab Group, said: “Ducab Group’s investment in Oman is a testament to the shared vision of both nations to build resilient, diversified economies through industrial innovation and seamlessly aligns with the Group’s broader strategy to expand its international roadmap while deepening regional integration.”

“For Ducab Group, this synergy confirms our evolution into a global industrial leader and strengthens our strategic international footprint. We believe economic lifelines grow nations and this collaboration reflects our shared vision for industrial excellence, faster delivery, greater customization, and more resilient supply chains.”

Charles Edouard Mellagui, CEO, Ducab Cables Business, said: "With bilateral trade between the UAE and Oman poised to reach new heights, our acquisition of National Cable Factory marks a strategic milestone and a proud moment for the industrial sectors of both nations. This step reinforces Ducab’s commitment to deepening regional ties while driving industrial growth and innovation across the Gulf.

“Our partnership with NCF goes far beyond geographic expansion. It reflects our shared focus on pioneering industrial innovation and seamless regional integration. By joining forces, we are delivering a new generation of advanced solutions, empowering our customers, and strengthening the energy and infrastructure backbone of our rapidly growing markets. We are confident that this collaboration will not only elevate the Gulf’s global competitiveness but also unlock fresh opportunities for sustainable growth in non-oil sectors.”