The first battery recycling center in the UAE

The population of Dubai has increased 165 times from 1950 to 2020

From 2020 to 2022, the population grew by another 100,000+ to reach 3.5 million. According to the Dubai Statistics Centre. Dubai 2040 Urban Master Plan factors in the expected population rise and maps out sustainable urban development in the city.

Dubai Aerospace Enterprise reported 186% growth in profit ($140.1 million) in H1 2022

Also in H1 2022:

• Cash flows from operating activities grown by 36% to $678.5 million
• Available liquidity was $2.7 billion
• Bond repurchases – $77 million

The first battery recycling center in the UAE will open in Ras Al Khaimah

UAE-based battery recycling company Royal Gulf Industries is investing $16.9 million. Area – 10,200m² Number of employees – 150+ The company plans to recycle 58% of UAE lead-acid battery waste.