Sunday 30 August 2015
 
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Dubal

Emirates Global Aluminium to cut 4pc jobs

Emirates Global Aluminium (EGA) on Thursday said it is cutting its workforce by 4 per cent as part of a strategic restructuring to reduce costs and boost operational efficiency. EGA was created by the merger of two state-owned alu

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Emirates Global Aluminium to cut 4pc jobs

Emirates Global Aluminium (EGA) on Thursday said it is cutting its workforce by 4 per cent as part of a strategic restructuring to reduce costs and boost operational efficiency. EGA was created by the merger of two state-owned alu

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EGA Jebel Ali launches energy optimisation project

Emirates Global Aluminium Jebel Ali (EGA Jebel Ali), also known as Dubai Aluminium (Dubal), has launched the aluminium smelter's latest project that targets energy optimization and capacity creep. The project has three core co

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Global aluminium demand to grow at 7.6pc

Global primary aluminium demand is expected to grow at a compound annual growth rate (CAGR) of 7.6 per cent from 2014 to 2017 with Asia and the Americas generating the greatest share of demand, said a top official. UAE-based Emira

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EGA laboratory excels against industry peers

The Dubal Technical Laboratory of Emirates Global Aluminium (EGA) was recently ranked among the top participants worldwide for accuracy in both the raw material and quantometer sections. The laboratory has maintained excellent sta

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Dubal completes syndication of $1.8bn loan

Dubai Aluminium (Dubal), a wholly owned operating subsidiary of Emirates Global Aluminium, has completed the syndication of a $1.8 billion seven-year corporate term loan facility. The facility will be used for Dubal’s genera

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Dubai Aluminium signs $1.8bn loan deal

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

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Dubal picks banks to arrange $1.8bn loan

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

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Dubal, MetricStream win risk management award

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

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Dubal plans $600m smelter upgrade

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

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