Dubai: UAE-born ARMS Group has announced the signing of a strategic agreement with the Australian clean energy company Pure Hydrogen Corporation Limited (ASX: PH2 or ‘Pure Hydrogen’). The partnership aims to establish the distribution and sale of Taurus Prime Mover, Hydrogen Fuel Cell (HFC) garbage trucks, and box trucks in the UAE market through ARMS Group’s established operations in the region, according to a media release.
ARMS Group controls and manages a diversified group of companies in Dubai and stands as a beacon of innovation and excellence in the region. With a rich legacy spanning over 75 years, ARMS Group has pioneered numerous groundbreaking projects, firmly establishing itself as a leader in multiple industries while forging partnerships with some of the world's most esteemed business establishments. Its diverse portfolio includes waste management and recycling, manufacturing, trading, real estate, and various services.
Under the MOU, Pure Hydrogen expects to begin supplying its battery electric vehicles (BEVs) and hydrogen fuel cell electric commercial vehicles starting in CY2025, subject to ARMS Group being satisfied with its due diligence on the vehicles and the equipment being compliant for operation in the UAE.
The UAE's Net Zero by 2050 strategic initiative is a national drive to achieve net-zero emissions by 2050, making the UAE the first nation in the Middle East and North Africa (MENA) region to do so. This ambitious strategy aims to lead the transition to net-zero emissions and includes over 25 programs across six key sectors: power, industry, transport, buildings, waste, and agriculture. ARMS Group is paving the way for others to follow in the journey toward decarbonization.
ARMS Group Holding’s Chairman Abdulrahman Albaidhaei stated: “We are thrilled with this collaboration with Pure Hydrogen. Our mission is to become a leading regional provider of hydrogen equipment and vehicles and to contribute to realizing the UAE leadership's goal of sustainable development through the promotion of clean energy solutions. We are excited about the beneficial impact our joint decarbonization efforts will have in the UAE and the GCC region, and we value the rigorous work and discussions that led to the signing of this MOU.”
Pure Hydrogen’s Managing Director Scott Brown said: “We are pleased to sign this MOU with ARMS Group, which outlines the framework for a comprehensive supply of hydrogen vehicles and equipment as part of the UAE government’s stated priority to implement clean energy alternatives. The completion of the MOU follows an extensive period of negotiation and collaboration between the parties, and we look forward to working together to implement hydrogen solutions in the Middle East.”
