United Arab Emirates

Sources Say Emirates Global Aluminium Pondering IPO

Sources Say Emirates Global Aluminium Pondering IPO

Sources say Emirates Global Aluminium PJSC (EGA) is weighing a possible initial public offering (IPO) in 2022 after the firm refinanced a significant chunk of its debt this week. Wire service Reuters is reporting that a trio of sources claiming knowledge revealed...

Events

EGA Fires Up Cutting-Edge Gas Turbine At Jebel Ali

A joint venture between Emirates Global Aluminium (EGA) and Mubadala and Dubal Holding spun up a new gas turbine for the first time at the site of its under-construction power plant at the Jebel Ali operations. The power plant, which will be operated by JA Power & Water Co, started the Siemens Energy H-class gas […]

EGA Extends Alumina Deal With Vinacomin Through 2023

Emirates Global Aluminium PJSC (EGA) announced yesterday the signing of a new three-year deal with Vietnam’s Vinacomin for the supply of alumina to EGA’s smelters. The new agreement extends a contract between the two firms that was initially begun toward the end of 2017 and was slated to expire at year’s end. EGA will continue […]