Page 87 - AAE PR REPORT - April 2024

ALSO ON OUR RADAR
Dubai Cable Company expands to 20 new

countries + more from Al Ansari Exchange, Fils,
and Emirates NBD

PLUS: Emirates NBD rolls out new card for high-net-worth individuals
• MA N U
• fintech FACTURING

•

MANUFACTURING-
Ducab expands to 20 new countries: Dubai Cable Company — more commonly
known as Ducab —has expanded into 20 new markets, bringing its geographic footprint
to 75 countries, according to the Dubai Media Office. The company offers 85k cable
variants to nuclear energy, marine, offshore, and oil and gas industries, 60% of its
production going towards exports.
FINTECH-
#1- Al Ansari Exchange will integrate Al Etihad Payments’ instant payment
platform, Aani, into its operations to simplify its digital payment services,
according to a DFM disclosure (pdf). The Aani app allows customers of the personal
remittance and foreign exchange company to make mobile number, email, or QR code-
based transactions without requiring IBANs, and features a suite of advanced payment
technologies, including requests to pay and split bills. It will also be integrated with Al
Ansari Exchange’s WPS Payroll card and prepaid cards.

https://enterprise.news/uae/en/news/story/f5a14849-525a-4a03-86c5-
f78bb08517f9/Dubai%20Cable%20Company%20expands%20to%2020%20new%20countries