Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Ducab bags 30 major contracts

The firm produced and supplied more than 10 billion meters of cable products in 2023 alone. (Ducab)
  • The company said it had produced and supplied more than 10 billion meters of cable products in 2023 alone.
  • The company will be showcasing its advanced range of PetroBICC cables at ADIPEC.

Dubai, UAE – UAE’s Ducab Group Monday announced that it had produced and supplied more than 10 billion meters of cable products in 2023 alone, in addition to securing 30 major contracts within the oil, gas and petrochemical sector.

The Group made the announcement on the side lines of the 2023 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), held from 2 to 5 October 2023 at the Abu Dhabi National Exhibition Centre (ADNEC), where it will be showcasing its advanced range of PetroBICC cables and ‘Made in the UAE’ product range, in addition to highlighting how it is transforming the region’s OGP sector.

The Group is currently working on several major contracts in the UAE, including supplying over 5,000 kms of EHV, HV, MV and LV cables and AAAC overhead conductors for ADNOC-related projects, in addition to providing solutions for the Clean Fuel and Waste-Heat Recovery project delivered through SAMSUNG-CBI, among many others.

Ducab said it will be showcasing its range of PetroBICC cables, which are designed to meet the most stringent quality standards, including hydrocarbon resistance and high toxicity levels. Ducab offers both polyamide and lead-sheathed cable construction within its PetroBICC range, designed for on-shore applications, and a full range of rubber cables for offshore applications.