Dubai Aluminium (Dubal) has completed its $1.8 billion seven-year loan, the first facility which the company has raised to fund its general business purposes in two decades, banking sources said on Thursday.
The transaction was si
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 said.
While it is a rarity for th
Dubai ruler has issued a law converting Dubai Aluminium ( Dubal ) into a private joint stocks company under a Dubai Aluminium PJS with a declared capital of Dh3 billion ($817 million).
The new rule was passed by UAE Vice President
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.
Dubai Aluminium’s (Dubal) products have been declared suitable for sustainable building practices, as per applicable criteria defined by two internationally acclaimed bodies.
The declaration was made following assessment by
Deutsche Babcock and partner Bilfinger Babcock have secured an order for the replacement of five new heat recovery steam generators (HRSGs) at Dubai Aluminium's (Dubal) Jebel Ali power plant.
The project, which is expected to
Dubai Aluminium (Dubal), a leading smelter, recruited 110 UAE nationals during 2012, at a cost – comprising salaries, benefits and training – of Dh25 million ($6.8 million), said a top official.
The total accumulative
Dubai Aluminium (Dubal), one of the largest single-site smelters in the world using pre-bake anode technology, is set to showcase its innovative technologies at the upcoming Aluminium Middle East 2013.
A leading exhibition for alu
Dubai Aluminium (Dubal) is leveraging its strategic sponsorship of this year’s Water Energy Technology and Environment Exhibition (Wetex 2013”) to showcase its efficiency-improvement efforts which target optimised consumption of ener