Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Aluminium giant EGA incorporated  Join our daily free Newsletter

MENAFN - Khaleej Times - 09/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Mubadala development company of abu dhabi and the investment corporation of dubai announced the official incorporation of emirates global aluminium or ega the jointly-owned abu dhabi-based aluminium company formed by integrating the two shareholders? respective assets

The company will be managed by a board of directors that will be chaired by khaldoon khalifa al mubarak while saeed mohammed ahmed al tayer will become its vice-chair. the board will also include dr sultan al jaber abdulla kalban khaled al qubaisi ahmed yahia al idrissi abdul wahed mohammad al fahim and khalid al bakhit.


Ega’s core operating entities are dubai aluminium (dubal) and emirates aluminium (emal) whose combined annual production currently accounts for 50 per cent of the total primary aluminium produced within the gcc. with ega’s primary aluminium production set to reach 2.4 million tonnes per annum by mid-2014 the company will join the ranks of the world’s top aluminium producers. the firm plans to continue expanding along the aluminium value chain from smelting to alumina refining and bauxite mining and will also support the continued growth of the aluminium cluster in the uae.


Abdulla kalban chief executive officer and managing director of ega said: “this is a proud day for ega’s highly-skilled employees who represent a company led by uae nationals using technology that is unique to our company and the industry. combining the strengths of dubal and emal creates a national champion for technological innovation and business performance excellence.”


Saeed al mazrooei the company’s ceo of uae operations said: “the track records of dubal and emal mean that ega is blessed with a heritage of world-class operations and a record of sustaining the highest levels of environmental health and safety standards.”


— haseeb?khaleejtimes.com

 


Khaleej Times




  MENA News Headlines
 Jan 26 2015 - GCC Secretary General Receives France AmbassadorSaudi Press Agency
(MENAFN - Saudi Press Agency) Secretary General of Gulf Cooperation Council (GCC) Dr. Abdullatif bin Rashid Al-Zayani received here today the French Ambassador to the Kingdom of Saudi Arabia, ...

 Jan 26 2015 - Guinean President Arrives in Riyadh to Offer Condolences on Death of Late King AbdullahSaudi Press Agency
(MENAFN - Saudi Press Agency) Guinea's president Alpha Conde arrived here today to offer condolences on the death of late King Abdullah bin Abdulaziz Al Saud. At Riyadh Air Base Airport, Guinean ...

 Jan 26 2015 - Russia's Putin says Kiev refuses political solution to crisis in eastSaudi Press Agency
(MENAFN - Saudi Press Agency) Russian President Vladimir Putin said on Monday that the Kiev government was refusing a political solution to violence in the eastern Ukraine where fighting has flared ...

 Jan 26 2015 - Alexis Tsipras sworn in as Greek prime ministerSaudi Press Agency
(MENAFN - Saudi Press Agency) Athens, Rabi'II 6, 1436, Jan 26, 2015, SPA - Leftist SYRIZA leader Alexis Tsipras is sworn in as Greece's new prime minister, hours after his party's landslide win in ...

 Jan 26 2015 - Côte d'Ivoire's President Arrives in Riyadh to Offer Condolences on Death of Late King AbdullahSaudi Press Agency
(MENAFN - Saudi Press Agency) Riyadh, Rabi'II 06, 1436, January 26, 2015, SPA - President of CØ£´te d'Ivoire Alassane Ouattara arrived here today to offer condolences on the death of late King ...

 Jan 26 2015 - FGB announces deal with Dalma EnergyEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 25th January, 2015 (WAM) - FGB looks to maintain strong growth in 2015 having already closed a USD 313.7 million secured syndication facility on ...

 Jan 26 2015 - Kuwait projects $24 bn deficit despite spending cutsAFP
(MENAFN - AFP) Kuwait on Monday projected a $24-billion deficit in its new fiscal year budget despite a massive spending cut due to plunging oil prices. Revenues for 2015-2016 are projected at $41.1 ...

 Jan 26 2015 - New Saudi leaders to press economic diversificationAFP
(MENAFN - AFP) Saudi Arabia's new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors, senior officials said on ...

 Jan 26 2015 - Dubai Islamic Bank Group net profit up by 63 per cent to AED 2.8 billion in 2014Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 25th January, 2015 (WAM)-Dubai Islamic Bank (DFM: DIB), today announced that its net profit surged by 63 per cent to AED 2.80 billion, up 63 per cent in ...

 Jan 26 2015 - FCCI organises first Serbian Business and Investment ForumEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 25th January 2015 (WAM) -- Federation of UAE Chambers of Commerce and Industry (FCCI) on Sunday organised the First Serbian Business and Investment ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help