Page 31 - DUBAL HOLDING PR REPORT - FEBRUARY 2024
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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 profiles 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 / profiles to utilize scrap generation from group companies to produce
billets that meet specific customer requirements for low carbon initiatives.
https://www.gulftoday.ae/business/2024/02/22/dubal-holding-records-dhs179b-net-profit
