Ducab revenue passed $1.8bn in 2022, despite lingering challenges of pandemic and international supply concerns
Metal exports
Mubadala-backed EGA taps banks for IPO at $15bn value
Company is preparing to bring on Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. to arrange the planned IPO, according to sources
Emirates Global Aluminium sees profit soar ahead of possible IPO
The company, whose United Arab Emirates-based shareholders are considering an initial public offering, generated income of AED1.74 billion
UAE aluminium giant reports strong financials despite ‘most challenging year in decades’
CEO of Emirates Global Aluminium, Abdulnasser Bin Kalban, expects benchmark aluminium prices to remain around $2,000 for 2021
Indian exports of gems and jewellery sees slowdown
UAE accounts for about 75 percent of gems and jewellery exports from India
Exports through Abu Dhabi ports rise 36.6%
Pearls, precious stones, vehicles and aircraft were among the most significant export products through the ports
Abu Dhabi aluminum and copper trade reaches $3.4bn
The trade in the two metals accounts for 9.5% of the emirate’s $36.3 billion non-oil commodities trade