Thursday, December 26, 2024

Emirates News Agency – “Dukab Metals” participates in cable exhibition in Cairo

Date:

DUBAI, September 3, 2023 – Ducab Metals – a copper and aluminum solutions provider in the region – is participating in the Gables Middle East and Africa 2023 exhibition held on the sidelines of the 13th Middle East and North Africa Steel, Metal Fabrication. And the metalwork fair in Cairo opened yesterday and will last for three days. Days at the Egypt International Exhibition Center.

Tucap Metals’ participation in the exhibition aims to highlight its successes, the metals business registering more than 23% year-on-year overall business growth over the past year and its quality products and innovative solutions for copper and aluminium. New investment opportunities that will enhance the growth of the company’s business in Egypt and Africa.

Mohamed Al-Mudawa, CEO of Dukab Group, said Dukab Metals’ participation in the Middle East and Africa Cable Exhibition 2023 is an extension of the close investment relations between our company and Egypt, as Africa is considered one of our most important. The largest markets for importing and exporting copper and aluminum products, with a trade volume of up to 3 billion dirhams annually, also enjoy promising investment opportunities, which are in line with our strategies in developing our business and products with the slogan “Made in the Emirates”. and 75% exports to more than 55 markets around the world, contributing to increase the percentage of the industry’s contribution to the GDP. From 133 billion dirhams to 300 billion dirhams by 2031, in line with the goals of the National Strategy for Industry and Advanced Technology, “Project 300 billion.”

See also  Oil prices fall on weak economic data

For his part, Mohamed Al-Ahmadi, CEO of Dukab Metals, stressed that participation in the exhibition comes under the umbrella of consolidating the bilateral relations established between the UAE and Egypt and supporting the manufacturing sector of both countries. Investment, economic and trade cooperation to achieve sustainable development aspirations is a unique opportunity to showcase the products developed by this participating company with high quality standards.

He pointed out that “Ducab Metals” will showcase its quality technological, industrial and technical capabilities in production processes and innovative copper and aluminum solutions and its products used in the production of aluminum wires, copper and aluminum bars and conductors during the exhibition days. , and the production of power wires, cables, high voltage lines and overhead conductors, it produces 50 thousand tons of copper and aluminum conductors, aluminum and 180 thousand tons of copper annually.

Imad al-Ali/Halima al-Shamsi

Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

Share post:

Popular

More like this
Related

Kayali Perfumes: Unveiling Secrets of Diffusion & Longevity

The Kayali was launched by Mona Kattan, one of...

Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

The wealth management landscape is undergoing a dramatic transformation,...

Nail Artistry Unleashed: The Definitive Guide to Acrylic Nails

Acrylic nails have revolutionized the world of nail art,...

Celebrity Beauty Secrets: CoolSculpting’s Popularity Among Dubai’s Elite

In a city known for luxury and high beauty...