Dubai Aluminium (Dubal) has chosen three banks to arrange a $1.8 billion seven-year loan to help fund general operations, its first such facility in a number of years, three banking sources told Reuters on Wednesday.
The firm has
Dubai Aluminium (Dubal), an operating subsidiary of Emirates Global Aluminium (EGA) and MetricStream, a leading provider of governance, risk, and compliance (GRC) solutions, have been jointly honoured with the GRC 20/20 Research “2014 GRC
Dubai Aluminium (Dubal) plans to spend $600 million over the next three years to upgrade its smelter, an executive of its parent company, Emirates Global Aluminium (EGA), said.
The Dubai entity currently produces 1.1 million tonne
Dubai Aluminium (Dubal) has held talks with banks about raising a loan to help fund its general operations, the first time the firm has commissioned such a facility in years, three banking sources told Reuters.
While it is a rarit
The corporate culture of employee-driven innovation at Dubai Aluminium (Dubal) has earned the UAE-based primary aluminium producer Gold in the 2013-2014 American Society for Quality (ASQ) International Team Excellence Awards (ITEA).
The UAE Red Crescent collected five tonnes of clothing and food donated by employees of Dubai Aluminium (Dubal) and Emirates Aluminium (Emal) to refugees in Syria.
The UAE’s two primary aluminium producers will be integrated
Dubai Aluminium (Dubal) won ‘Large Team of the Year’ for its market-leading technology innovations at the recent ACTME Deals of the Year Awards in Dubai.
The Association of Corporate Treasurers Middle East (ACTME), the
Dubai Aluminium (Dubal) and Emirates Aluminium (Emal) are set to jointly showcase their products at an aluminium industry exhibition to be held in Istanbul this week.
The third Aluminium Technologies, Machinery and Products Trade
Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, today reported a total comprehensive income of Dh2.1 billion ($571 million) for the first half of this year.
Dubai Aluminium (Dubal), the world’s largest single-site smelter using pre-bake anode technology, won the top honours in four of the award categories at the inaugural Metal Bulletin Global Awards for Aluminium Excellence.