Ducab India signs first bilateral partnership in the power sector with Emirates NBD India

Ducab India signs first bilateral partnership in the power sector with Emirates NBD India

Dubai, UAE – Ducab Group, one of the biggest end-to-end energy solutions providers and manufacturing firms in the United Arab Emirates, represented by Ducab India, has signed the first bilateral partnership with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, to support the Group’s objectives to expand its reach and support the economies of both countries. The agreement is in line with the UAE’s strategy to continuously diversify the national economy and increase non-oil trade with international commercial partners. India consistently ranks among the UAE’s largest global trade partners. The new partnership builds on Ducab’s recent milestones in the Indian market, where the Group recently took steps to enhance its footprint in the subcontinent and turn it into a new home market with an office in Bengaluru, which opened in early 2023, making it Ducab’s first office in India and southeast Asia. His Excellency Abdulnasser Jamal Alshaali, UAE Ambassador to the Republic of India said: “The UAE and India have long shared robust bilateral trade ties, which have received a significant added boost in recent years with the UAE’s push to expand its global network and diversify its economy, where ‘Expanding the UAE’s