#aluminium

EGA expects demand to drive aluminium prices

Top Middle East aluminium maker sees prices rising with demand

The company expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months

EGA full year net profit

UAE’s EGA posts $2bn in full-year net profit on higher prices

The company paid its shareholders a total of Dhs3.7bn consisting of an interim dividend of Dhs2.2bn in July and a further D1.5bn at the end of 2022

Mubadala seeks over $20bn value for EGA in IPO

EGA is the Middle East’s biggest aluminium producer and is equally owned by Mubadala and Investment Corporation of Dubai

Dubai Holding OSE Industries Aluminium

Dubal Holding acquires 60% stake in OSE Industries

The aluminium extrusion company is located in Dubai Industrial City

Mohammed bin Rashid Al Maktoum Solar Park

UAE becomes world’s first country to produce aluminium using solar power

This solar-powered aluminium will be supplied to global customers under the new product name of CelestiAL

Top 10 Largest Aluminium Smelters In The World

Two from the UAE and one from Bahrain feature on the list of the world’s largest smelters by capacity.