The first battery recycling center in the UAE

The first battery recycling center in the UAE

  • AX News
  • The first battery recycling center in the UAE , the population of Dubai and Aerospace Enterprise

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.

Telegram channel
Expert Real Estate Insights

Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.

AX Talk
AX Talk

Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.

all podcasts
AX Blog
AX Blog

Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.

All articles
Prompt consultation

Fill form below and our agent will contact you shortly

Or contact us right now via WhatsApp