Category: Industry

News Category:Industry

EMAL named ‘Best Industrial Project in the GCC’ for 2012

May 22, 2012

Abu Dhabi, 22 May 2012 - Emirates Aluminium (EMAL) has been awarded the prestigious GCC Industrial Project of the Year at the MEED Quality Awards for Projects 2012. The award is in recognition of the successful completion of Phase I of the Al Taweelah-based smelter, which was delivered ahead of schedule and to budget. The prize was announced at an awards ceremony held at The Westin Resort… More

17th World Aluminium Conference

May 1, 2012

ABU DHABI, 1 May, 2012 - The 17th World Aluminium Conference, the most important global conference in the upstream and downstream aluminium sector, is being held in Abu Dhabi for the first time on May 1st and 2nd. Mubadala and Emirates Aluminium (EMAL), Mubadala’s joint venture with Dubai Aluminium (DUBAL), are proudly hosting the Conference, highlighting the contributions made by… More

Mubadala and 1MDB reinforce strategic relationship with major investment

October 8, 2010

Agreements signal a potential significant increase in FDI for Malaysia PUTRAJAYA, 8 October 2010:  Abu Dhabi’s Mubadala Development Company (“Mubadala”) has today signed two collaboration agreements on a strategic partnership with 1Malaysia Development Berhad (“1MDB”) that could lead to significant increases in FDI in Malaysia. The agreements have been signed with Mubadala… More

Veolia environment and Mubadala to launch joint venture company to build a strategic partnership in the Middle East, North Africa (MENA region)

October 7, 2008

Abu Dhabi, Paris, 7 October 2008 – Mubadala Development Company (Mubadala) and Veolia Water today signed agreements to create a joint-venture company that will focus on water production and waste water collection and treatment in the Middle East and North Africa (MENA) region. Today’s announcement follows a decision by Abu Dhabi business development and investment company, Mubadala, and Veolia… More

Dubal – Mubadala JV to develop 700,000 tonne aluminum smelter in Saudi Arabia

January 30, 2008

Project will advance EMAL International’s vision while contributing to economic growth. Abu Dhabi, 30 January 2008 - Dubai Aluminium Company Limited (“DUBAL”) and Mubadala Development Company (“Mubadala”) have today signed a Memorandum of Understanding with Saudi Arabian General Investment Authority (“SAGIA”) and Emaar Economic City (“EEC”) regarding the green-field development of… More

Mubadala in $3 billion jv in the republic of Guinea with Dubal, BHP Billiton and Global Alumina International

May 21, 2007

DUBAI – United Arab Emirates 21 May 2007: Mubadala Development Company, an investment and development vehicle established and wholly owned by the Government of the Emirate of Abu Dhabi and Dubai Aluminium Company Limited (DUBAL), has announced that it has entered into a strategic joint venture to develop and operate the Sangaredi Refinery Project in the Republic of Guinea. The other parties to the… More

Mubadala in partnership with Suez closes the financing for Barka 2 and Al Rusail power plants in Oman

March 14, 2007

Abu Dhabi Mubadala Development Company, the wholly owned investment and development vehicle of the Government of the Emirate of Abu Dhabi, today announced the completion of the limited-recourse financing of the green-field Barka 2 Independent Water and Power Project (IWPP), owned by SMN Barka Power Company SAOC, and the acquisition of the existing Al-Rusail Power Company SAOC in Oman.  The financing… More

UAE and Algeria partners in new us$5billion aluminum smelter complex deal

March 3, 2007

-  Largest Foreign Direct Investment and first aluminium smelter in the Republic Algeria. -  UAE’s Mubadala and Dubal to provide vital investment and technical expertise Abu Dhabi - 03 March 2007: In an historic alliance, Sonatrach the national Algerian oil and gas company has today signed in Algeria an agreement with Mubadala Development Company, a wholly owned investment and development… More

Mubadala development and Dubai Aluminum sign joint venture agreement

February 11, 2007

-  The smelter complex in Abu Dhabi will be owned by Mubadala and DUBAL -  At 1.4 million TPA capacity, it will be the largest single site smelter in the world Dubai - 11 February 2007: In a landmark joint venture, Dubai Aluminium Company (DUBAL), one of the world’s largest aluminium producers, and Mubadala Development Company, a wholly-owned investment and development vehicle of the Government… More

Mubadala development awarded Algeria’s new 1227mw thermal power plant

February 1, 2007

Abu Dhabi, 01 February 2007 - Mubadala Development Company, an investment and development vehicle established and wholly owned by the Government of the Emirate of Abu Dhabi, today announced the financial close on the USD$900Million development of a 1227 MW gas-fired thermal power plant in the province of Tipaza, Algeria. The project calls for the development, construction and operation of the plant… More