Dubai Cable Company (Ducab) reported it crossed the “psychological” barrier of Dh500 million ($136 million) in aggregate sales and announced it would achieve if not exceed its target of Dh800 million by 2006.

Sales at the end of 2003 were Dh530 million, representing a 22 per cent increase over the 2002 level.  More than 75 per cent of that came from the domestic market.
Sales and marketing manager Farid Mohammed Ahmed said 2003 was a significant year in that Ducab made successful forays into new markets including Iran, India, Yemen, Jordan, East Africa, and the Levant.  Among the major contracts in those countries was one to supply cable to the Delhi Metro project - an endeavour it said could revolutionise urban mass transport in the region
Established in 1979, Ducab is the first purpose-built cable-manufacturing company in the UAE and is equally owned by the governments of Dubai and Abu Dhabi.
Its product range covers low voltage power cables, control and auxiliary cables, wiring and lead-sheathed cables, Ducab Powerplus medium voltage cables (up to 33 kV) and Ducab Smokemaster, low-smoke and fume cables.
The company is also well known as the distributor of Ducab Connect cable accessories.
A Dh120 million expansion it undertook in 2001 placed it in a stronger position to supply medium-voltage (MV) cables to external markets.
It upgraded the manufacturing capability of its two MV cable-manufacturing lines, doubling the capacity for that segment.
Ducab first entered that market in 1999 with the delivery of its first commercial production of MV cables in early 2000. Since then the company has won several long-term supply contracts from utilities including DEWA, FEWA and ADWEA in the UAE and Kahramaa in Qatar.