Page 24 - DUBAL HOLDING PR REPORT - FEBRUARY 2024

2/26/24, 11:07 AM DUBAL Holding records Dhs1.79b net profit | The Print
investments in a range of industries to provide growth and long-term nancial returns for our
shareholder.

Our investments are also driven by a commitment to building a greener future and have supported
ambitious and sustainable initiatives including the Dubai Industrial Strategy 2030 that aims to make

Dubai a preferred manufacturing platform for global businesses, Dubai Economic Agenda (D33), Dubai
Clean Energy Strategy 2050, and Dubai Net-Zero Carbon Emissions Strategy 2050.”

Al Tayer and the members of the board were briefed on the status of various ongoing projects at DH,
including its focus on aluminium downstream extrusion projects. In addition to the acquisition of

Thermalex located in Alabama, USA, DH is also exploring the possibility of other opportunities including
large pro les and machined components for the Automotive, Industrial and New Energy verticals such
as Hydrogen, as well as building a recycled aluminium/cast house facility from extrusions / pro les to

utilize scrap generation from group companies to produce billets that meet speci c customer
requirements for low carbon initiatives.

Read the full article here



https://theprint.ae/dubal-holding-records-dhs1-79b-net-profit/ 2/2