Company Insights Emirates Global Aluminium Industry Emirates Global Aluminium Overview Emirates Global Aluminium (EGA) is a UAE-based aluminium conglomerate involved in every stage of aluminium production. Established in 2013 through the merger of Dubai Aluminium and Emirates Aluminium, it is jointly owned by Mubadala Investment Company and Investment Corporation of Dubai. EGA operates two of the world’s largest smelters in Jebel Ali and Al Taweelah, producing around 2.3 million tonnes annually. The company also owns subsidiaries such as Guinea Alumina Corporation, Leichtmetall Aluminium Giesserei Hannover in Germany and Spectro Alloys in the US. EGA says it is committed to sustainability and innovation, using waste heat from power generation for seawater desalination and becoming the first company to produce aluminium with solar energy in 2021. It says that environmental initiatives include reducing greenhouse gas emissions by 41% below the industry average and fully recycling spent pot lining, a usually hazardous industrial byproduct. EGA says it actively supports local suppliers, spending over $2 billion on UAE-based goods and services in 2022 – more than a third of its total procurement budget. It participates in the UAE’s in-country value programme, prioritising suppliers based on the proportion of operations conducted locally and encouraging international suppliers to establish operations in the UAE. Emirates Global Aluminium News Analysis Manufacturing UAE-US gallium project is an attempt to loosen China’s grip A new UAE-US effort to produce gallium, a chemical element that is critical to making semiconductors, may bring some relief to Western and Asian users choked by China’s stranglehold on the metal. But relevant manufacturing plants need years to come to fruition, and require technology and know-how that for the moment are almost entirely confined […] June 10, 2025 Manufacturing Gulf exporters may weather US metal tariff hikes A sharp increase in US tariffs on aluminium and steel imports may inadvertently benefit Gulf producers, thanks to their competitive energy advantage and expanding export footprint. President Donald Trump has announced plans to double tariffs on aluminium and steel imports to 50 percent starting on Wednesday, escalating his administration’s protectionist stance amid ongoing global trade […] June 4, 2025 Analysis Trade Gulf FDI into US states goes well beyond usual suspects Among the flashiest deals announced during US President Donald Trump’s visit to the Gulf in mid-May was Emirates Global Aluminium’s $4 billion investment pledge to build the first new smelter in the US in 45 years in Oklahoma. The tentative agreement, EGA said in a press release, is subject to the parties finalising “state and […] June 3, 2025 Health Mubadala Bio launches to bolster UAE drug security Mubadala Investment Company, Abu Dhabi’s $330 billion sovereign wealth fund, has launched a dedicated life sciences unit as part of a broader strategy to boost domestic pharmaceutical production, improve healthcare resilience and support the UAE’s economic diversification efforts. The new entity, Mubadala Bio, will oversee a portfolio of 10 manufacturing facilities across Asia, Africa, and […] May 20, 2025 Industry EGA to build first US aluminium smelter in 45 years Emirates Global Aluminium (EGA), which says it is responsible for 4 percent of global output, plans to start building a primary aluminium production plant in the US by the end of 2026. The $4 billion smelter, the first to be built in the US since 1980, is expected to have a capacity of 600,000 tonnes […] May 19, 2025 Analysis Finance The multi-trillion dollar deals agreed on Trump’s trip During his trip to the Gulf region from May 13 to 16, US president Donald Trump visited Saudi Arabia, Qatar and the UAE and announced a series of deals across a number of sectors, which, according to the White House, added up to nearly $2.5 trillion. Artificial intelligence Saudi Arabia’s newly-established AI developer Humain said […] May 19, 2025 Energy Adnoc says UAE and US to invest $440bn in energy The UAE and US will spend a combined total of $440 billion in the energy sector by 2035, the head of Abu Dhabi National Oil Company (Adnoc) has said. The US is expected to invest $60 billion in UAE energy projects, a panel at the UAE-US economic dialogue said during US President Donald Trump’s visit […] May 16, 2025 Mining Guinea ‘to pull EGA’s licence over alumina refinery row’ The Guinean government’s move to revoke Emirates Global Aluminium’s (EGA) mining licence stemmed from the company’s failure to fulfil its commitment to construct an alumina refinery, sources have told Reuters. Reuters reported on Wednesday that Guinea has launched a process to revoke the EGA licence, escalating a dispute that began in October with the suspension […] May 9, 2025 Finance Dubai’s ICD could tap IPO market to fund expansion The Investment Corporation of Dubai (ICD), the principal investment arm of the emirate’s government, could potentially turn to the capital markets with a raft of listings over the next year or so, according to analysts. Established in 2006, ICD is worth about $340 billion and already has one of its crown jewels – Emirates NBD, […] April 7, 2025 Editor's Insight Economy Bahrain at a crossroads: Economic challenges loom The nodding donkeys in Awali, where oil was first discovered in the centre of Bahrain in 1932, are museum pieces now. The government is pushing for the surrounding oil settlement, an unreconstructed mid-twentieth century company town complete with cricket pitch, pub and church, to be listed by Unesco as a world heritage site. To the north […] March 28, 2025 Posts navigation 1 2 … 5 Next
Analysis Manufacturing UAE-US gallium project is an attempt to loosen China’s grip A new UAE-US effort to produce gallium, a chemical element that is critical to making semiconductors, may bring some relief to Western and Asian users choked by China’s stranglehold on the metal. But relevant manufacturing plants need years to come to fruition, and require technology and know-how that for the moment are almost entirely confined […] June 10, 2025
Manufacturing Gulf exporters may weather US metal tariff hikes A sharp increase in US tariffs on aluminium and steel imports may inadvertently benefit Gulf producers, thanks to their competitive energy advantage and expanding export footprint. President Donald Trump has announced plans to double tariffs on aluminium and steel imports to 50 percent starting on Wednesday, escalating his administration’s protectionist stance amid ongoing global trade […] June 4, 2025
Analysis Trade Gulf FDI into US states goes well beyond usual suspects Among the flashiest deals announced during US President Donald Trump’s visit to the Gulf in mid-May was Emirates Global Aluminium’s $4 billion investment pledge to build the first new smelter in the US in 45 years in Oklahoma. The tentative agreement, EGA said in a press release, is subject to the parties finalising “state and […] June 3, 2025
Health Mubadala Bio launches to bolster UAE drug security Mubadala Investment Company, Abu Dhabi’s $330 billion sovereign wealth fund, has launched a dedicated life sciences unit as part of a broader strategy to boost domestic pharmaceutical production, improve healthcare resilience and support the UAE’s economic diversification efforts. The new entity, Mubadala Bio, will oversee a portfolio of 10 manufacturing facilities across Asia, Africa, and […] May 20, 2025
Industry EGA to build first US aluminium smelter in 45 years Emirates Global Aluminium (EGA), which says it is responsible for 4 percent of global output, plans to start building a primary aluminium production plant in the US by the end of 2026. The $4 billion smelter, the first to be built in the US since 1980, is expected to have a capacity of 600,000 tonnes […] May 19, 2025
Analysis Finance The multi-trillion dollar deals agreed on Trump’s trip During his trip to the Gulf region from May 13 to 16, US president Donald Trump visited Saudi Arabia, Qatar and the UAE and announced a series of deals across a number of sectors, which, according to the White House, added up to nearly $2.5 trillion. Artificial intelligence Saudi Arabia’s newly-established AI developer Humain said […] May 19, 2025
Energy Adnoc says UAE and US to invest $440bn in energy The UAE and US will spend a combined total of $440 billion in the energy sector by 2035, the head of Abu Dhabi National Oil Company (Adnoc) has said. The US is expected to invest $60 billion in UAE energy projects, a panel at the UAE-US economic dialogue said during US President Donald Trump’s visit […] May 16, 2025
Mining Guinea ‘to pull EGA’s licence over alumina refinery row’ The Guinean government’s move to revoke Emirates Global Aluminium’s (EGA) mining licence stemmed from the company’s failure to fulfil its commitment to construct an alumina refinery, sources have told Reuters. Reuters reported on Wednesday that Guinea has launched a process to revoke the EGA licence, escalating a dispute that began in October with the suspension […] May 9, 2025
Finance Dubai’s ICD could tap IPO market to fund expansion The Investment Corporation of Dubai (ICD), the principal investment arm of the emirate’s government, could potentially turn to the capital markets with a raft of listings over the next year or so, according to analysts. Established in 2006, ICD is worth about $340 billion and already has one of its crown jewels – Emirates NBD, […] April 7, 2025
Editor's Insight Economy Bahrain at a crossroads: Economic challenges loom The nodding donkeys in Awali, where oil was first discovered in the centre of Bahrain in 1932, are museum pieces now. The government is pushing for the surrounding oil settlement, an unreconstructed mid-twentieth century company town complete with cricket pitch, pub and church, to be listed by Unesco as a world heritage site. To the north […] March 28, 2025
