DUBAI: UAE-born ARMS Group today announced signing a strategic agreement with Australian clean energy company Pure Hydrogen Corporation Limited (ASX: PH2 or ‘Pure Hydrogen’). The partnership will set up the distribution and sale of Taurus Prime Mover, Hydrogen Fuel Cell (HFC) Garbage Trucks and Box Trucks to the UAE market through ARMS Group’s established operations in the region.
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 whilst forging partnerships with some of the world’s most esteemed business establishments. The diverse portfolio includes waste management and recycling, manufacturing, trading, real estate, and services among others.
Under the MOU, Pure Hydrogen expects to begin supplying its battery electric (‘BEV’) and hydrogen fuel cell electric commercial vehicles commencing in CY2025 subject to ARMS Group being satisfied with its due diligence on the vehicles and the equipment being compliant for operation in UAE.
The UAE Net Zero by 2050 strategic initiative is a national drive to achieve net-zero emissions by 2050, making the UAE the first Middle East and North Africa (MENA) nation to do so. This ambitious strategy aims to lead the transition to net zero emissions and has 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 their footsteps to decarbonisation.
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 hydrogen vehicles and contribute to realising the UAE leadership’s goal of sustainable development through the promotion of clean energy solutions. We are excited about the beneficial impact our joint decarbonisation efforts will have in the UAE and the GCC region and value the rigorous work and talks 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 sets out the framework for a comprehensive hydrogen vehicle supply and hydrogen 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.”
