Page 53 - DUBAL HOLDING PR REPORT - FEBRUARY 2024

2/23/24, 11:39 AM DUBAL Holding's Strategic Acquisitions Fuel a Promising 2023 with …
Tayer, has brought to life the United Arab Emirates' vision for a globally competitive future, particularly in the

aluminium industry.

Pioneering Investments: A Catalyst for Growth

At the heart of DH's success lies a series of strategic investments. A 50% stake in Emirates Global Aluminium,
a minority stake in Sinoway Carbon, and full ownership of OSE Industries LLC and Thermalex in the USA

have all contributed to the company's impressive bottom line.

These investments align with several key initiatives, such as the Dubai Industrial Strategy 2030 and the Dubai

Economic Agenda (D33), fueling DH's pursuit of a greener future.

Another critical aspect of DH's investment philosophy is its focus on the Dubai Clean Energy Strategy 2050

and the Dubai Net-Zero Carbon Emissions Strategy 2050. The company's interests are not confined to

aluminium alone. It is actively exploring opportunities in the automotive, industrial, and new energy sectors,

including hydrogen. This alignment with the broader vision of a sustainable future underpins DH's
commitment to environmental stewardship.

Noteworthy Achievements in 2023: Setting the Global Benchmark

Among the highlights of 2023 were the construction of the world's largest waste-to-energy facility in Warsan,
Dubai, and the progress of the Sohar Titanium project, in which DH is a shareholder.

These accomplishments are testament to the company's broader ambition to rank among the top global

players in its sectors. They also serve as a reminder that DH's success is not just about financial returns, but

also about its commitment to sustainability and innovation.

As DUBAL Holding closes the chapter on an extraordinary year, it leaves behind a blueprint for others to

follow. Its strategic investments, commitment to a greener future, and the will to innovate have set the stage

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