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DUBAI / Emirates Business
DP World, UAE Region, the Middle East’s leading regional trade enabler, signed an important strategic long-term service agreement with Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, aimed at supporting the UAE’s position as a major exporter of the metal.
The agreement extends the strategic partnership between two companies, facilitating storage and transportation of aluminium manufactured by EGA. As part of the pact, EGA is leasing a dedicated storage area that is the largest the company has ever used at Jebel Ali Port and which will further ease the export of EGA’s metal worldwide.
EGA’s new yard is over 175,000 square metres, the equi-valent of over 24 football fields.
DP World and EGA have worked together since the late 1970s, playing a major role in the economic diversification of the UAE. Around 90% of EGA’s metal is exported and its aluminium is the largest made in the UAE export after oil and gas, making the UAE the fifth-biggest aluminium producing nation.