ABU DHABI/WAM Emirates Global Aluminium (EGA) on Thursday announced its intention to acquire 80 percent of the American aluminium recycling firm Spectro Alloys Corporation. The current owner-managers will retain a 20 percent shareholding. EGA and Spectro Alloys have signed an equity purchase agreement and the transaction is expected to close during the third quarter of 2024. The acquisition, which is ...

ABU DHABI/WAM AD Ports Group has issued a white paper titled “Digitalisation for Enhanced Efficiency: Leveraging Data for Smart Ports” as a valuable resource for understanding the dynamics of digital transformation in the maritime sector and its critical role in enhancing global trade efficiency. Presented in the white paper is an in-depth analysis of the transformative impact of digital technologies ...

ABU DHABI/WAM Abu Dhabi National Energy Company (TAQA) and JERA, Japan’s largest power generation company, today announced the financial closing of Najim Cogeneration Company Limited, a new industrial steam and electricity cogeneration plant that will produce electricity and steam for a petrochemical complex located in Jubail in the Eastern Province of the Kingdom of Saudi Arabia. The new cogeneration plant ...