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بالعربية
Home » Emirates Global Aluminium » Page 2

Emirates Global Aluminium

emirates global aluminium
Abdulnasser bin Kalban

UAE industrial giant EGA inks China deal to boost bauxite ore exports

by Andrew Sambidge Sat 18 Dec 2021Thu 13 Jan 2022

Emirates Global Aluminium will supply Bosai Minerals Group with several million tonnes of bauxite ore each year

emirates global aluminium
Abdulnasser bin Kalban

Man behind worldwide success of Emirates Global Aluminium to step down

by Andrew Sambidge Wed 15 Dec 2021Thu 13 Jan 2022

‘Titan’ Walid Al Attar to take advisory role after 37 years at the UAE’s largest industrial company outside oil and gas

Under the agreement, EGA will supply 3,000 tonnes of CelestiAL aluminium to BMW Group per year
carbon emissions

Emirates Global Aluminium, GE sign pact to cut greenhouse gases

by BloombergSun 28 Nov 2021Sun 28 Nov 2021

EGA is equally owned by two sovereign wealth funds – Investment Corp. of Dubai and Abu Dhabi’s Mubadala Investment Co

A previous plan to list EGA in 2018 was shelved after then-US President Donald Trump imposed tariffs on aluminium imports from the UAE.
aluminium producer

Mubadala-backed EGA taps banks for IPO at $15bn value

by BloombergSun 5 Sep 2021Wed 6 Oct 2021

Company is preparing to bring on Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. to arrange the planned IPO, according to sources

Since the end of the first half of 2021, EGA has successfully refinanced $5.5bn in corporate debt.
aluminium producer

Emirates Global Aluminium sees profit soar ahead of possible IPO

by BloombergMon 30 Aug 2021Wed 6 Oct 2021

The company, whose United Arab Emirates-based shareholders are considering an initial public offering, generated income of AED1.74 billion

Emirates Global Aluminium (EGA) employs more than 400 women around the world.
Emirates Global Aluminium

Diversity target set by UAE-based manufacturing giant

by Staff writerThu 26 Aug 2021Wed 6 Oct 2021

Emirates Global Aluminium has vowed to increase the proportion of women in supervisory positions at the company in the UAE to 25 percent by 2025

EGA has smelters in Abu Dhabi and Dubai and a bauxite mine in Guinea.
aluminium producer

Middle East’s biggest aluminium maker curbs debt before possible IPO

by BloombergThu 19 Aug 2021Wed 6 Oct 2021

Emirates Global Aluminium PJSC has obtained a $5.5bn syndicated loan that replaces a larger facility

State-run oil-company Abu Dhabi National Oil Co. is considering selling shares in its drilling business and started preparations for a potential IPO of its fertiliser joint venture in Abu Dhabi. Image: Bloomberg
Abu Dhabi Securities Exchange

Booming pipeline of IPO deals is said to get push from Abu Dhabi

by BloombergTue 25 May 2021Wed 6 Oct 2021

The Abu Dhabi Securities Exchange, owned by wealth fund ADQ, is reaching out to state-run firms and family-owned companies

Abdulnasser bin Kalban

UAE industrial giant to ramp up aluminium production after smelter upgrade

by Staff writerFri 30 Apr 2021Wed 6 Oct 2021

Emirates Global Aluminium announces the start-up of the first section of an expansion to its Al Taweelah smelter

EGA, which is equally owned by Mubadala and Investment Corp. of Dubai, has smelters in Abu Dhabi and Dubai and a bauxite mine in Guinea
aluminium producer

Abu Dhabi’s Mubadala says it’s close to IPO of Emirates Global Aluminium

by BloombergTue 13 Apr 2021Wed 6 Oct 2021

CEO of sovereign wealth fund also reveals there will be a ‘particular focus’ on investment in India

EGA, which is owned by sovereign wealth funds in Abu Dhabi and Dubai.
aluminium producer

UAE aluminium giant reports strong financials despite ‘most challenging year in decades’

by ITPTue 16 Mar 2021Wed 6 Oct 2021

CEO of Emirates Global Aluminium, Abdulnasser Bin Kalban, expects benchmark aluminium prices to remain around $2,000 for 2021

The UAE sold $1.3 billion worth of aluminium to American buyers in 2019, according to the Office of the US Trade Representative.
Aluminium tariffs

Manufacturing group asks Biden to end steel, aluminium tariffs after UAE decision

by BloombergThu 11 Feb 2021Wed 6 Oct 2021

US President said last week he would keep US tariffs on aluminium imports from the United Arab Emirates

Under the agreement, EGA will supply 3,000 tonnes of CelestiAL aluminium to BMW Group per year
BMW

BMW signs up as first customer for UAE’s new solar-powered aluminium

by ITPTue 2 Feb 2021Wed 6 Oct 2021

Emirates Global Aluminium says CelestiAL is first commercially available aluminium produced using solar power

Aluminium tariffs

Biden overrules Trump on UAE tariff, keeping aluminium duties

by BloombergTue 2 Feb 2021Sat 13 Nov 2021

The 10% tariff on the country’s metal imports will remain in place for national security reasons, the White House announced

DEWA

Dubai unveils CelestiAL, the world’s first aluminium produced using solar power

by Staff writerMon 18 Jan 2021Wed 6 Oct 2021

Dubai Electricity and Water Authority and Emirates Global Aluminium announce new global milestone in aluminium production

Al Taweelah alumina refinery was the first to be built in the UAE, and only the second in the Middle East.
Abdulla Kalban

UAE industrial giant ramps up production at new Abu Dhabi refinery

by Sam BridgeSat 28 Sep 2019Wed 6 Oct 2021

Emirates Global Aluminium says Al Taweelah refinery is expected to produce more than one million tonnes of alumina by the end of 2019

Abdulla Kalban

UAE industrial giant announces first exports from Guinea project

by Sam BridgeThu 8 Aug 2019Wed 6 Oct 2021

Emirates Global Aluminium boss says first exports from Guinea represent ‘landmark moment’

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