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Dubai Investments offers key solutions for building sectorDubai Investments, the leading diversified investment company listed on the Dubai Financial Market, has announced its readiness to provide innovative solutions to the construction sector through diverse activities provided by its 18 subsidiaries More… |
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Alba backs aluminium symposiumAluminium Bahrain (Alba) has said it continues to engage with industry peers on global platforms in expanding aluminium's reach across diverse territories. Alba's continuing commitment is demonstrated through sponsorship s More… |
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Alba in key coke cooler upgradeAlba's position as one of the world's leading aluminium smelters was bolstered with the recent replacement and upgrade of the indirect coke cooler at the Alba Petroleum Coke calciner. A ceremony was held at the Alba Petroleum Coke More… |
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Oil, aluminum sector help Bahrain cushion crisisThe macroeconomic impact of Bahrain's unrest has been cushioned by the largely unaffected oil and aluminum sectors, according to an International Monetary Fund (IMF) report. Disruptions caused by protest activity during the first half of 2 More… |
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GCC 'set to become aluminum powerhouse'The aluminum industry in the GCC region is on the brink of becoming a leading global contributor with 13 per cent of the global production by 2013, according to a new report by Deloitte Middle East. The UAE, Oman, Bahrain, and Qatar are al More… |
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Saudi, Alcoa in $590m deal with SamsungState-run Saudi Arabian Mining Co (Maaden) and US company Alcoa signed a letter of intent with South Korea's Samsung Engineering worth SR2.21 billion ($590 million) to build part of a mega aluminium complex. Alcoa and Maaden teamed up More… |
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UMC starts operations at Dubai facilityUnited Metal Coating (UMC), a leading manufacturer of pre-painted aluminum and galvanized steel coils, has commenced operations at the 195,000 sq ft facility in Dubai Industrial City premises. Dubai Industrial City is the region& More… |
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Dubal honours long-serving employeesA group of 36 employees, each of whom joined the company in 1982, were honoured by Dubai Aluminum Company Limited (Dubal) at a formal dinner at the Madinat Jumeirah’s Mina A-Salam. The loyal long-servers, received certificates and g More… |
Chalco seeks controlling stake in Saudi JVAluminum Corp of China is seeking a controlling stake in its aluminium joint venture in Saudi Arabia, its chairman said But it is not certain Chalco could manage such a stake in the $3 billion Middle East smelter with its current partners, More… |
Alcoa's third-quarter profit risesAluminum producer Alcoa posted a three per cent rise in third-quarter earnings, as a gain on the sale of its stake in a Chinese aluminum company offset weaker aluminum prices. Alcoa also raised its share buyback program -- from 10 per cent More… |
