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THE ECONOMY - INDUSTRY

EMAL wins H&S International Gold Award

Posted on 28/05/2013

Emirates Aluminium (EMAL) has been recognised for its commitment to Health and Safety with a Gold Award from the Royal Society for the Prevention of Accidents (ROsPA) - the UK s leading safety organisation, under the patronage of Her Majesty The Queen of England. The Award received almost 2,000 entries in 2012, and EMAL came out on top, taking home one of the most sought after accolades in the industry. The Gold Award establishes EMAL as a leader in health and safety on the global industrial ...  >>MORE

EMAL Phase II celebrates impeccable 25 million safe work hours record

Posted on 08/05/2013

Emirates Aluminium Co. (EMAL) Phase II achieved an astonishing 25 million hours worked without a single Lost Time Incident (LTI) in April, just nine months since celebrating the milestone safety achievement of 10 million work-hours with zero (LTI). With a current site population of over 12,000 project workers and their management representatives workers, the impressive Phase II occasion was marked by a formal on-site ceremony attended by EMAL's President and CEO Saeed Fadhel Al Mazrooei, ...  >>MORE

EMAL to provide liquefied aluminium to downstream industry

Posted on 24/04/2013

EMAL, Emirates Aluminium, is looking to provide liquefied aluminium to downstream industry very soon, Salman Abdullah, Vice President Operation at EMAL, told Gulf News. "With the remarkable expansion of the aluminium industry across the emirates and especially in Khalifa Industrial Zone Abu Dhabi (Kizad), we are looking to provide the liquefied aluminium to the downstream industrials,” he said. "Currently, we produce aluminium in liquefied form and we solidify it to be transported to ...  >>MORE

Mubadala Industry contributes to development of Abu Dhabi's manufacturing sector

Posted on 24/04/2013

The manufacturing industry continues to help drive diversification of the Abu Dhabi economy, according to the most recent report by the Statistics Centre Abu Dhabi (SCAD). Manufacturing in 2011 accounted for 16.6 per cent of the total gross output of economic activities, second only to the oil and gas sector which led with 41.7 per cent. Mubadala Industry, a business unit of Mubadala Development Company (Mubadala), is supporting this shift to underpin the diversification of Abu Dhabi's ...  >>MORE

Car roof tops for Jaguar from UAE

Posted on 24/04/2013

Gulf Extrusions, a leading UAE-based manufacturer of extruded aluminium products, supplies key parts to top range of cars such as Jaguar and Range Rover and has 30 per cent of the market shares, Modar Al Mekdad, General Manager, Gulf Extrusions, told Gulf News on the sidelines of Dubai Aluminium Middle East, the leading exhibition for aluminium products, technologies and investments in the Middle East. "Gulf Extrusions manufactures a complete car roof top for Jaguar and Range Rover in the UAE, ...  >>MORE

RAK Ruler opens Dh30 million facility of Swiss Franke at RAK Industrial Zone

Posted on 14/04/2013

H. H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council member and Ruler of Ras al-Khaimah, has inaugurated at Ras Al Khaimah Industrial Zone the second Dh 30 million investment project of Franke LLC. 'Ras Al Khaimah and Franke share a common factor: sustainability and the new facility sets a model of environmental awareness and operational and industrial efficiency within Ras Al Khaimah and beyond. Environmental cost will gain increasing significance in doing businesses in decades to come,' ...  >>MORE

New ‘eco’' carpet could help ease pressure on UAE landfill sites

Posted on 08/04/2013

European carpet manufacturer Desso is now going beyond mere sustainability by embracing Cradle to Cradle design principles and producing a carpet tile range with a polyolefin-based backing. Carpet tiles with this backing have reached a level where up to 97% of the materials are positively defined 1. That means all ingredients have been assessed as either optimal or tolerable, according to the Cradle to Cradle assessment criteria and can be reused or recycled, therefore potentially reducing ...  >>MORE

Emal installs first pot tending machine

Posted on 03/04/2013

Emirates Aluminium (EMAL) and ECL France joined together and celebrated the installation of the first Pot Tending Machine (PTM) for the project's Phase II expansion. The PTM is one of fifteen such machines that will operate on the new potline at EMAL, which, once completed, will be the longest single potline in the world at 1.7 km. This momentous occasion was attended by the French Ambassador to the UAE, S.E. Alain Azouaou, which was hosted at EMAL site by the company's President and CEO, ...  >>MORE

RAK Ceramics reports Dh223.1m profit in 2012

Posted on 03/04/2013

RAK Ceramics, the world's largest manufacturer of ceramic tiles, yesterday reported a 9 per cent increase in its profits to Dh223.1 million in 2012, up from Dh205.2 million in 2011. Its board of directors has proposed a cash dividend of 20 per cent amounting to 20 fils per share – the first in eight years. "We are delighted to have delivered another strong performance against the backdrop of the challenging global economic situation, maintaining our track record of positive financial ...  >>MORE

Power plant milestone from Dubal

Posted on 31/03/2013

Dubai Aluminium, or Dubal, has leveraged a nominal volume of the steam produced by the captive co-generation and combined cycle Dubal power station to drive the UAE's first-ever absorption chiller using waste heat — the first such application in a power plant. Built on the rooftop of Dubal's desalination plant control building, the new absorption chiller has assumed the functions formerly fulfilled by the electrically-driven vapour compression air-conditioning chillers used for comfort cooling ...  >>MORE

Emirates steel inks iron ore supply agreement with LKAB

Posted on 21/03/2013

Emirates Steel Industries PJSC ("Emirates Steel" or the "Company") announced yesterday that it has signed a sales contract with Sweden's LKAB to source quality iron ore pellets beginning 2013. Highlighting the importance of the agreement, Hussein J Al Nowais, Chairman of Senaat, the Holding company of Emirates Steel, said it aimed to complement the company's efforts to enhance the value of its steel products by sourcing high quality raw materials with international standards. He recognised ...  >>MORE

GE wins contracts of approximately US$500 million at EMAL

Posted on 12/03/2013

General Electric (GE) has received contracts totalling approximately US$500 million to provide equipment and long-term services, directly and via engineering procurement contractors, for the Emirates Aluminium (EMAL) smelter complex in Abu Dhabi. The project is expected to result in lower emissions, addressing the United Arab Emirates' goal to achieve cleaner and more efficient industrial growth and enabling EMAL to produce aluminium with better fuel efficiency. "A reliable and efficient ...  >>MORE

Dubal takes 20% stake in China project

Posted on 10/03/2013

Dubai Aluminium (Dubal), the entirely state-owned enterprise whose Jebel Ali operation ranks as the world's largest single-site primary aluminium smelter using pre-bake anode technology, has expanded its interest in the upstream (raw materials) sector by purchasing a 20 per cent stake in a calciner development project as part of a joint venture with Sinoway Carbon Energy Holdings, Hong Kong, for an undisclosed sum. The new venture, known as Sinoway Carbon Company Limited (Sinoway), entails the ...  >>MORE

Dubai Industrial City attracts 212 new companies in 2012

Posted on 06/03/2013

Dubai Industrial City, a member of TECOM Investments, attracted 212 new companies during 2012 marking an increase of 82 per cent in the number of new companies that opted to use the various industrial real estate services and facilities on offer by the leading industrial destination in Dubai, as companies in DI grew from 259 to 471 during the 12 months period. Dubai Industrial City, which is one of the largest specialised hubs in light to medium manufacturing sectors in Dubai, has also ...  >>MORE

DUBAL posts gross sales revenue of Dh 9.77 billion in 2012

Posted on 28/02/2013

For Dubai Aluminium (DUBAL) the entirely state-owned enterprise whose Jebel Ali operation ranks as the world's largest single-site primary aluminium smelter using pre-bake anode technology - 2012 was again an excellent year. 'DUBAL achieved gross sales revenue of Dh 9.77 billion (compared to Dh11.144 billion in 2011), with net profits of Dh 1.58 billion equating to approximately 16.2 per cent of gross sales revenue (2011: Dh 3.515 billion), thereby remaining one of the most profitable ...  >>MORE

RAK Ceramics reaches 50 million milestone

Posted on 21/02/2013

RAK Ceramics has reached an impressive milestone in terms of bathware, having sold over 50 million pieces worldwide since the inception of the company in 1991. "Our company prides itself on reaching major landmark and unprecedented success within two decades of starting bathware production," said Abdallah Massaad, Chief Executive Officer of RAK Ceramics. "Having sold over 50 million pieces of bathware globally is a benchmark but we will continue to work harder with same zeal to ensure we ...  >>MORE

Emirates steel expands product portfolio to include 40mm rebar

Posted on 04/02/2013

Emirates Steel, the only integrated steel plant in the UAE utilising the latest technology to produce high quality rebar, wire rod and heavy sections, has now enhanced its facility in the Industrial City of Abu Dhabi to manufacture 40mm reinforcing steel bars (rebar) to meet the growing demand for steel in the region and beyond and provide the highest quality of steel that would benefit customer requirements. According to the statistics released by Emirates Steel, consumption of rebar in the ...  >>MORE

Prices down for 13 groups of building materials in December 2012 Y-o-Y, reports SCAD

Posted on 20/01/2013

Statistics Centre - Abu Dhabi (SCAD) issued today its monthly report on the prices of building materials for the month of December and Q4 2012. The report presents an analysis of the movements in the prices of the various materials used in the construction industry in Abu Dhabi retail market, comparing December 2012 prices with those of November 2012 and December 2011. It also compares prices in Q4 2012 with Q3 2012 and Q4 2011. The dissemination of this important report, which presents a wide ...  >>MORE

DUBAL project to reduce greenhouse gas emission

Posted on 20/01/2013

Acknowledging that the production of primary aluminium has an inherently large environmental footprint, Dubai Aluminium (DUBAL) - the entirely state-owned enterprise that operates the world's largest single-site primary aluminium smelter using pre-bake anode technology - consciously strives to minimise the air emissions, solid and liquid waste generated by its Jebel Ali operations. Regarding air emissions, dedicated attention is given to reducing the volume of greenhouse gases (GHGs) ...  >>MORE

Borouge sales crossed US$3 billion in 2011, production capacity set to grow 700% in 4 years

Posted on 09/01/2013

Borouge, a leading provider of innovative, value creating plastics solutions, announced yesterday that it will expand its production capacity under the "Borouge 3" project to reach 4.5 million tonnes by the end of 2013. Investment in this ambitious expansion project, that will be fully operational by mid-2014, will reach US$ 4.5 billion and once completed, Borouge will have the world's largest integrated single-site polyolefins plant in the world. This announcement was made by officials of ...  >>MORE

UAE industries add 16% to GDP in 2012

Posted on 08/01/2013

UAE industrial sector contributed 16 per cent to the GDP in 2012, and this percentage is expected to rise up to 3 per cent in 2013. This was revealed by Sultan Bin Saeed Al Mansoori, UAE Minister for Economy in Dubai on Monday. He lauded the growth of the industrial sector reflected in the strong contribution of petrochemicals and down-stream products to the economy. Mansoori said the UAE industrial sector was driven by three key pillars: petrochemicals, aluminium and steel. Mansoori was ...  >>MORE

Contribution of extractive industries to Abu Dhabi's GDP amounted to 5% in 2011

Posted on 02/01/2013

The Value added to the activity of the extractive industry achieved a remarkable increase, from Dh 291.5 billion in 2006 to Dh 471.8 billion in 2011 at an annual growth rate of 10.1% on average during the period 2006-2011, while the growth rate of the value added to the activity reached 53% in 2011. This dramatic rise was attributed mainly to the increase in oil prices and oil production, according to Chapter IV of Productive Activities of Abu Dhabi Economic Report 2011 issued by the emirate's ...  >>MORE

Abu Dhabi's manufacturing industries growth rate doubled in 2011, says Abu Dhabi Economic Report 2012

Posted on 30/12/2012

Abu Dhabi's manufacturing industries rate of growth doubled in 2011 as it rose to 22% compared 11% in 2010. This reflects the success of the efforts exerted by the Government of Abu Dhabi to develop the industrial sector, and other promising industries, which will constitute one of the main pillars of economic diversification for the implementation of the Abu Dhabi Economic Vision 2030. The Abu Dhabi Economic Report 2012, issued by Abu Dhabi Department of Economic Development, contains six ...  >>MORE

UAE's aluminium exports grow 102% in H1 2012

Posted on 30/12/2012

A United Arab Emirates' total exports of aluminium and its products rose by 102% (US$1.5 billion) during the first half of 2012 in comparison with the same period in 2011, a study released by the Ministry of Foreign Trade (MoFT) has revealed. The growth is a continuation of previous increases of 56% and 42 % in 2010 and 2011 respectively. The study also revealed that UAE exports of aluminium products have achieved a competitive global edge and were capable of reaching 124 countries - ...  >>MORE

Sharjah manufacturing sector output reaches Dh20b

Posted on 26/12/2012

Manufacturing sector's output in Sharjah reached more than Dh20 billion and its total exports reached around Dh3 billion, according to a latest report issued by the Sharjah Investment and Development Authority (Shurooq). The manufacturing sector's contribution to Sharjah's gross domestic product (GDP) reached 20 per cent in 2011, Shurooq says. "Incentives given to Sharjah's local industrial sector also led to the rise in the number of industrial establishments to 1,700 including big, medium ...  >>MORE

Empower lauds UAE's launch of new mega-projects in last quarter of 2012

Posted on 23/12/2012

Emirates Central Cooling Systems Corporation (Empower), the largest district cooling provider in the Middle East, has lauded the UAE's milestone achievements in the fourth quarter of 2012, exemplified by investments in major projects, including the Khalifa Port in Abu Dhabi. This strategic move is expected to give a major boost to trade and economic sectors in a short period of time across the country according to the company's CEO. Ahmed Bin Shafar, CEO, Empower added: "The UAE unveiled a ...  >>MORE

Industrial units increase by 63% in United Arab Emirates between 2004 and 2010

Posted on 19/12/2012

A report on the manufacturing sector in the United Arab Emirates published by Truth Economic Consultancy, a leading research and consultancy firm, pointed out to the growth of the industrial sector in the country, where the total number of industrial units reached 4,960 units at the end of 2010 compared to 3,036 factories in 2004. The increase in factories by 1,924 units marks a total increase of 63% and an average annual increase of approximately 8.53%. The report, which is supported by ...  >>MORE

DUBAL invests in Dubai's first Solar Park

Posted on 18/12/2012

Dubai Aluminium (DUBAL) is playing an active role in specific initiatives to fulfil Dubai Integrated Energy Strategy 2030 (DIES 2030) through an investment of Dh 20 million in the Sheikh Mohammed bin Rashid Solar Park announced by the Dubai Supreme Council of Energy ("DSCE") in February 2012, the company said in a statement. Phase I of the Sheikh Mohammed bin Rashid Solar Park will yield 10 MW by 2013 and the project will be scaled-up in successive phases to produce 1,000 MW by 2030. ...  >>MORE

Industrial exports grew by 16.1 percent in 2011: MoFT

Posted on 17/12/2012

The Ministry of Foreign Trade has affirmed that the UAE's non-oil sectors are continuing to witness many positive developments and achieve high growth rates in comparison with previous years, stating that this has created considerable opportunities to strengthen the participation of industrial investments that would further contribute towards strengthening and completing the government's rapid economic transformation strategies that it pursued under the country's wise leadership. The country's ...  >>MORE

UAE is the largest global re-exporter of ceramics and the product's leading Arab exporter

Posted on 16/12/2012

UAE's foreign trade in Ceramics went up by 45 percent from 2010-2011 and that the UAE was the first globally in the product's re-export levels, owning a 60 percent share of the world's re-exports of Ceramics, According to a study released yesterday by the Ministry of Foreign Trade on the development of the UAE Ceramics Trade. The UAE was also found to be the foremost Arab exporter of the product, and the second after Turkey in the Middle East and North Africa region. The study also revealed ...  >>MORE

Emirates Steel increases production by 33%

Posted on 12/11/2012

Emirates Steel has announced the increase in its steel production volume by 33% through the end of Quarter 3, 2012. Owned by Senaat GHC, the Company has increased its dispatch of prime quality finished goods by 10% compared with the levels achieved in the same period of 2011. "Despite the challenging conditions faced in both our domestic and regional markets, the Company has delivered a strong performance in the first three quarters, delivering volumes which were underpinned by the ...  >>MORE

DUBAL wins at 2012 ACN Awards

Posted on 31/10/2012

Reflecting its commitment to excellence and the strength of its leadership, Dubai Aluminium (DUBAL) - the state-owned corporation that operates the world's largest aluminium smelter using pre-bake anode technology - received two of the top honours at the 2012 Arabian Computer News (ACN) Arab Technology Awards. The annual ACN Awards, which recognise outstanding work carried out in the Middle East information technology ("I.T.") enterprise sector, are ranked among the most prestigious I.T. ...  >>MORE

ADCCI urges American firms to invest in industrial sector

Posted on 29/10/2012

Abu Dhabi Chamber of Commerce and Industry (ADCCI) has called on American companies to increase their investments in the industrial sector in the emirate. Mohammad Thani Murshid Al Rumaithi, Chairman of the Federation of UAE Chambers of Commerce and Industry and ADCCI, made the statement during a meeting with Michael Corbin, US Ambassador to the UAE, in which they discussed ways to enhance cooperation in investment and industry between Emirati companies operating in Abu Dhabi and American ...  >>MORE

EMAL and Fluorsid 'seal the deal' for aluminium fluoride

Posted on 09/10/2012

Emirates Aluminium (EMAL) signed a contract for the provision of aluminium fluoride (AlF3) with the Italian-based company Fluorsid. The contract extends the existing relationship between the two companies and ensures the future supply of a crucial element in the aluminium making process to EMAL. The contract - worth US$93m over three years - will have Fluorsid supply AlF3 to the flagship industrial project between 2013 and 2016. EMAL's potline will consist of 1,200 pots after completion of ...  >>MORE

Abu Dhabi plans two new industrial cities

Posted on 09/10/2012

Abu Dhabi is planning to launch two new industrial cities in the Western Region on an area of 17 square kilometers, according to the Higher Corporation for Specialised Economic Zones (HCSEZ). One of the two cities will be built on an area of 14 square kilometres in Al Ruwais and will specialise in petrochemicals and building materials while the other will be built on an area of 2.5 square kilometres in Madinat Zayed and will specialise in oil and gas industries, food industries and logistic ...  >>MORE

Hazza bin Zayed: Abu Dhabi continues building solid industrial sector

Posted on 27/09/2012

The government of the emirate of Abu Dhabi will continue the development its economic growth assets and the building of solid industrial foundation for the comprehensive and sustainable boom in its effort to realise the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and reflect the interest of His Highness Gen. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces in continuing the nation's growth and development ...  >>MORE

EMAL celebrates latest additions to its Phase II expansion

Posted on 18/09/2012

Employees of Emirates Aluminium (EMAL) celebrated the latest additions to its Phase II expansion: the arrival of the completed first Potshell and the Superstructure. These are the two main components in the aluminium reduction process and key elements in EMAL's plan to almost double production to 1.3 million tonnes upon completion in 2014. The components were manufactured and delivered by a local UAE supplier. EMAL's President and CEO and Saeed Fadhel Al Mazrouei, Vice President - Projects ...  >>MORE

DUBAL and EMAL aim to raise sector profile

Posted on 10/09/2012

Dubai Aluminium (DUBAL) and Emirates Aluminium (EMAL) will jointly participate at the 27th International Aluminium Conference in Moscow to promote UAE's primary aluminium sector role within the global industry. The conference is organised and hosted by Metal Bulletin from August 12 to 14. DUBAL and EMAL will have a combined stand in the exhibition component alongside the conference, besides they are the joint Platinum Sponsors of the overall event and the MBI 2012 Registration Desk. Yousuf ...  >>MORE

Emal amps up power as first unit for onsite Power Plant arrives

Posted on 05/09/2012

At the end of August 2012, Emal celebrated the arrival of the first Power Plant Unit for the flagship industrial project's Phase II expansion. Once completed the capacity will increase by 1,000MW, when the total power plant capacity will be 3,000MW making it one of the biggest single site power stations in the Gulf region. The power plant will allow Emal to be totally self-sufficient in power and not dependent on external sources. Speaking on the accomplishment, Emal President and CEO, Saeed ...  >>MORE

Emirates Steel appoints 1st UAE National as Chief Executive Officer

Posted on 28/08/2012

Emirates Steel's Board of Directors agreed at a meeting yesterday to appoint Engineer Saeed Ghumran Al Romaithi as the new Chief Executive Officer. Commenting on the new appointment Engineer Suhail Mubarak Athaeeth Al Ameri, Chairman of Emirates Steel, said: " Appointment of Saeed Al Romaithi comes as part of a clear and well-defined strategy to increase the numbers of UAE nationals within the workforce and to make benefit of high qualified cadres in leadership positions." He added that "Al ...  >>MORE

Empower's district cooling consumption rose 23.2% in July 2012 against same period last year

Posted on 27/08/2012

Emirates Central Cooling Corporation (Empower), the largest district cooling service provider in the region, has said that consumption of district cooling provided by the company rose by 23.2 percent in July 2012, compared to same period last year. The company also reported that its total square footage committed to district cooling has achieved a remarkable increase. Ahmad Bin Shafar, CEO of Empower, said that the increase reflects the economy rebound in the UAE and it shows that the country ...  >>MORE

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Quick List

EMAL wins H&S International Gold Award


EMAL Phase II celebrates impeccable 25 million safe work hours record


EMAL to provide liquefied aluminium to downstream industry


Mubadala Industry contributes to development of Abu Dhabi's manufacturing sector


Car roof tops for Jaguar from UAE


RAK Ruler opens Dh30 million facility of Swiss Franke at RAK Industrial Zone


New ‘eco’' carpet could help ease pressure on UAE landfill sites


Emal installs first pot tending machine


RAK Ceramics reports Dh223.1m profit in 2012


Power plant milestone from Dubal


Emirates steel inks iron ore supply agreement with LKAB


GE wins contracts of approximately US$500 million at EMAL


Dubal takes 20% stake in China project


Dubai Industrial City attracts 212 new companies in 2012


DUBAL posts gross sales revenue of Dh 9.77 billion in 2012


RAK Ceramics reaches 50 million milestone


Emirates steel expands product portfolio to include 40mm rebar


Prices down for 13 groups of building materials in December 2012 Y-o-Y, reports SCAD


DUBAL project to reduce greenhouse gas emission


Borouge sales crossed US$3 billion in 2011, production capacity set to grow 700% in 4 years


UAE industries add 16% to GDP in 2012


Contribution of extractive industries to Abu Dhabi's GDP amounted to 5% in 2011


Abu Dhabi's manufacturing industries growth rate doubled in 2011, says Abu Dhabi Economic Report 2012


UAE's aluminium exports grow 102% in H1 2012


Sharjah manufacturing sector output reaches Dh20b


Empower lauds UAE's launch of new mega-projects in last quarter of 2012


Industrial units increase by 63% in United Arab Emirates between 2004 and 2010


DUBAL invests in Dubai's first Solar Park


Industrial exports grew by 16.1 percent in 2011: MoFT


UAE is the largest global re-exporter of ceramics and the product's leading Arab exporter


Emirates Steel increases production by 33%


DUBAL wins at 2012 ACN Awards


ADCCI urges American firms to invest in industrial sector


EMAL and Fluorsid 'seal the deal' for aluminium fluoride


Abu Dhabi plans two new industrial cities


Hazza bin Zayed: Abu Dhabi continues building solid industrial sector


EMAL celebrates latest additions to its Phase II expansion


DUBAL and EMAL aim to raise sector profile


Emal amps up power as first unit for onsite Power Plant arrives


Emirates Steel appoints 1st UAE National as Chief Executive Officer


Empower's district cooling consumption rose 23.2% in July 2012 against same period last year