Leading cable manufacturer's designation as official accountancy certification and authorised training employer to bolster employee development

Dubai, 9 April 2012 - Ducab, one of the leading manufacturers of high-quality power cables and wires in the Middle East, has been recognised by the Institute of Chartered Accountants in England and Wales (ICAEW) as an Authorised Training Employer.  Founded in 1880 by Royal Charter, the ICAEW is one of the oldest and most prestigious professional accounting bodies in the world, and has over 138,000 members worldwide.  

The ICAEW Middle East office was opened in 2009 in response to a growing membership base and regional demand for the institute's flagship qualification, the ACA (Associate Chartered Accountant).

The ACA teaches the highest level of finance and business skills, provides practical experience and encourages the most stringent ethical standards.  Qualified ACAs work in more than 160 countries worldwide and the global relevance of the qualification makes it highly respected by international business.  

"As dedicated stewards of corporate best practices in the region, our goal is to advance and elevate professional standards throughout the business community," Arif Choksy, CFO Ducab said. "The ICAEW qualification offers both UAE nationals and expatriate professionals an opportunity to gain valuable training and certification while remaining employed full-time in Ducab, thus accelerating their development and adding value for all stakeholders."

"We are very pleased to recognise Ducab as an ICAEW Authorised Training Employer and we look forward to working with them in extending training opportunities to ACA applicants across the UAE. We are confident that with Ducab's interest in advancing the theory and practice of accountancy, finance, business and commerce, we can be part of the training and education of the next generation of accountancy professionals and business leaders in the region," said Amanda Line, Regional Director, ICAEW Middle East.

ICAEW recognition also enables Ducab to respond to work placement requests from local colleges and universities for UAE nationals and expatriate students in this specialised sector.

"Ducab will continue to develop and train accountancy and finance professionals while maintaining the independence and transparency of both occupations and setting the highest standards of corporate practice and professional conduct. The ICAEW's vision is to set the highest standard for the accountancy profession so that people around the world can do business with the utmost confidence. We are delighted to be a part of this endeavour, and pleased to be recognised for our professional values," Arif Choksy, concluded.

About Ducab:
Ducab is jointly owned by public sector entities Investment Corporation of Dubai (ICD) and General Holding Corporation (GHC), (50% each) and has one of the most modern manufacturing units in the region. It occupies an area of 590,000 square meters of land in Jebel Ali, Dubai and nearly 330,000 square meters in Mussafah, Abu Dhabi spread over 2 factories. Today, the Ducab Group has the capability of producing over 105,000 copper tonnes equivalent of low voltage, medium and high voltage cables, emerging as the leader and the first choice of prestigious customers in the Middle East. The Ducab Group's product range covers High Voltage cables up to 400kV, Ducab Powerplus Medium Voltage cables up to 33kV, Low Voltage power cables, control & auxiliary, wiring and lead-sheathed cables, Ducab-Smokemaster- Low Smoke and Fume cables, and FLAMBICC (Fire Resistance Cables), cable components and cable accessories, as well as copper rod that Ducab manufacture in their own copper rod plant.

Ducab is an ISO 9001:2000 certified company and also has certification to the ISO 14001 Environmental Management System and OHSAS 18001 Occupational Health and Safety issued by BASEC (British Approval Services for Cables).   Ducab cables are also approved by the Loss Prevention Certificate Board (LPCB) and Lloyd's Register, UK. These certifications are the latest in a string of recognitions achieved by the company, including a two time winner of Gulf Excellence Award, two time winner of Dubai Quality Award, Gold category 2004 & 1998.

In 2009 Ducab was honoured with the Mohammed Bin Rashid Business Excellence Award for their achievements in the manufacturing sector; this award ceremony was in the presence of H.H Sheikh Mohammed bin Rashid Al Maktoum Vice President, Prime Minister and Ruler of Dubai. Ducab has also won other awards such as the Investment Corporation of Dubai (ICD) Chairman's Award for Outstanding Economic Value Creation in the Industrial Sector.

For further information please contact:
Heba Al Dhahri
Senior Marketing Officer
Marketing Department
Ducab
Direct: +971 4 8158231
Email: heba.aldhahri@ducab.com

Rashad Al Ghadban
Senior Account Manager
Next Public Relations
Tel: +971 4 4471 300
Mob: +97150 9682628
rg@nextpr.net

© Press Release 2012