Page 27 - DUBAL HOLDING PR REPORT - MAY 2024

Tadweer Group and Dubal Holding fully acquire e-

waste firm Enviroserve

Enviroserve is an integrated e-waste processor for the Middle East, Africa,
and the Caucasus region
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Tadweer Group + Dubal Holding to assume equal ownership of Enviroserve: Abu
Dhabi-based waste management company Tadweer Group and investment firm Dubal
Holding have acquired 100% of Dubai e-waste specialist Enviroserve with equal
ownership, according to a press release. Enviroserve is the only integrated e-waste
processor in the Middle East, Africa, and the Caucasus region and is known for
recycling electrical and electronic equipment waste, the statement notes.
Enviroserve has a massive e-waste recycling facility in Dubai Industrial City: The
company established The Recycling Hub, the world’s largest e-waste recycling facility,
at Dubai Industrial Park in 2019. Spanning 280k sq feet, the The AED 120 mm (c. USD
32.7 mn) facility is able to process 100k tons of waste annually, including 39k tons of e-
waste. The AED 120 mn project is backed by the Swiss Government Export Finance
Agency and handles waste such as consumer electronics and military avionics as well
as refrigerant gas, aerosol cans, and light bulbs.
Dubal has been showing interest in green projects too: Dubal is an investor in
Warsan Waste Management, where it is part of a consortium building the one of the
world’s largest single-site waste-to-energy facilities, according to its website. The project

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