DUBAL Holding & Oriental Copper to manufacture high-quality copper products in UAE

DUBAL Holding & Oriental Copper to manufacture high-quality copper products in UAE

DUBAL Holding, the investment arm of Dubai Government in the commodities, mining, power, energy, and industrial sectors, has signed a Memorandum of Understanding (MoU) with Oriental Copper, a leading manufacturer of high conductivity copper products in Thailand, in order to manufacture high-quality copper products in the UAE.

This partnership aligns with the MENA region’s goal of shifting away from the heavy reliance on copper imports and meeting the growing demand for downstream copper products.

This partnership aims to manufacture high-quality copper products including ETP and oxygen-free copper bus bars, profiles, strips, sheets or tapes, alloys, and magnet wires through a production unit with an installed capacity of 30,000 MT of copper processing per annum.

Ahmad Hamad Bin Fahad

CEO – Dubal Holding “We are pleased to sign this MoU with Oriental Copper, one of the leading manufacturers of high conductivity copper bus bars and other copper fabricated products in the world. This MoU is a vital step in meeting the region’s need for downstream copper products, which is now primarily met by imports. We are confident that this joint venture will increase local employment opportunities and boost the regional economy. This further falls in line with our sustainability objectives, as Oriental Copper products foster