Economy Politics Local 2026-02-27T10:15:03+00:00

UAE Completes $5 Billion Deal for Aluminium Giant

Emirates Global Aluminium has completed a $5 billion multi-tranche financing deal for corporate purposes and strategic projects. The management expressed satisfaction with the agreement.


UAE Completes $5 Billion Deal for Aluminium Giant

Emirates Global Aluminium announced on Friday the completion of a multi-tranche financing deal worth $5 billion. The financing will be used for the company's general corporate purposes. This agreement marks a significant step in strengthening the company's financial position internationally. It will also enable the implementation of strategic projects for production development. The management expressed satisfaction with the reached agreements.