ABU DHABI / WAM Emirates Global Aluminium (EGA), Mubadala and Dubal Holding will sign an agreement worth over AED1 billion to develop a state-of-the-art power block and a water desalination plant at EGA’s smelter at Jebel Ali in Dubai. The new facilities will improve efficiency of power for EGA’s aluminium smelting, reducing environmental emissions and natural gas consum- ption. Mubadala ...

ABU DHABI / Emirates Business Abu Dhabi Terminals (ADT) and CSP —Abu Dhabi sign an MoU to strengthen collaboration and ensure smooth transactions between the two facilities. The MoU promises to increase cooperation between two companies, benefitting Abu Dhabi and UAE trade and supporting Abu Dhabi Leadership vision 2030. The two parties will facilitate a significant increase in contribution to ...

Dubai / WAM Investment Corporation of Dubai (ICD) announced its consolidated financial results for the six month period ended on June 30, having achieved revenues of AED115.1 billion and net profit of AED10 billion. Revenues grew across all operating segments with the largest increases in oil and gas and transportation services. Net profit reached AED10 billion. Net profit benefited from ...