Construction & Real Estate

Emirates Global Aluminium net profit surges 34pc to $670m in H1

Emirates Global Aluminium (EGA) has announced robust results for the first half, recording a 34% jump in adjusted net profit which rose to AED2.46 billion ($670 million) from AED1.84 billion ($500 million) helped by higher realised aluminium prices and stronger regional premiums. ...

Construction & Real Estate

Emirates Global Aluminium reports strong early progress at Al Taweelah site

Emirates Global Aluminium (EGA) said it had made ahead-of-schedule progress in restoring production at its Al Taweelah site after the facility sustained significant damage during Iranian attacks on Abu Dhabi's Khalifa Economic Zone in March that forced an emergency shutdown. ...

Construction & Real Estate

EGA to expand dedicated berth at Khalifa Port

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, and Emirates Global Aluminium (EGA), the largest premium aluminium producer in the world, have signed an agreement to enhance EGA’s dedicated berth at Khalifa Port....

Construction & Real Estate

EGA to buy majority stake in Italian aluminium recycling firm

Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced plans to acquire an 80% stake in Italian aluminium recycling company Eco Green. A specialist in aluminium scrap collection, Eco Green has a 70,000 tonnes per year capacity. ...