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UAE - EGA participates in 2015 Annual Investment Meeting as Strategic Partner

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Event to highlight importance of innovation in economic development
UAE - To help promote the UAE as an international investment hub, Emirates Global Aluminium ("EGA") is participating in the Annual Investment Meeting ("AIM") 2015 as Strategic Partner. The theme of this year's AIM is 'Sustainable Development through FDI Induced Innovation and Technology Transfer' and will gather top academics, experts and practitioners to discuss the role that innovation plays in growth and development as well as how foreign direct investment ("FDI") can contribute to strengthening economies in the long-term.

Focusing on innovation, performance and profitability while providing support for a broader aluminium cluster, EGA is committed to ensuring a lasting contribution to the UAE and global economies. As one of the world's five largest aluminium producers, an internationally recognised developer of reduction technologies, and a significant contributor to the strategic diversification of the local economy, EGA is widely acknowledged as the UAE's industrial flagship. The sustained growth and success of the business since its inception in 1979 is testament to the strong investment opportunities that exist in the UAE, as well as the country's operating environment being conducive to business.

"The theme of this year's AIM event draws several parallels with the overall vision of EGA. Innovation through technology development is a core principle at EGA; a principle that has enabled us to achieve a leading position in the aluminium industry globally and internationally," said Abdulla Kalban (Managing Director & Chief Executive Officer at EGA). He continued, "The investment climate in the UAE is going from strength to strength across a range of sectors and we are pleased to partner with an event which highlights the UAE's significance in the global business world."

As part of EGA's involvement in AIM 2015, members of EGA's executive management team will participate in key panel discussions alongside international speakers. Dr Ali Al Zarouni (Vice President: Jebel Ali Operations at EGA) will explore the strategies that corporations can adopt to attract FDI and integrate global knowledge networks in a discussion entitled 'Innovation in the global factory - the role of global value led by the OECD'. With 24 years' experience in the industry, he is well-versed in the challenges of innovation in aluminium smelting; the innovation cycle followed by EGA; and the EGA's long-term partnerships with universities, academia and experts within the UAE and internationally. In its role as Strategic Partner, EGA will host delegates at an exhibition stand at AIM 2015 that will showcase the EGA's achievements in research and development and provide further insight into how innovative practices have enabled the sustained success of the business. AIM 2015 takes place from 29 March to 1 April at the Dubai International Convention and Exhibition Centre.

About EGA
Emirates Global Aluminium ("EGA") is a jointly-held, equal-ownership company formed by Mubadala Development Company of Abu Dhabi and the Investment Corporation of Dubai by combining their respective aluminium industry interests. EGA's core operating assets are Dubai Aluminium ("DUBAL", also known as EGA Jebel Ali) and Emirates Aluminium ("EMAL", also known as EGA Al Taweelah), whose combined annual production capacity of 2.4 million tonnes per annum ("tpa") places EGA among the top five primary aluminium producers in the world, by volume. The UAE-based EGA also owns Guinea Alumina Corporation ("GAC"), a strategic bauxite mine and alumina refinery development project in West Africa. In addition, EGA has plans for significant local growth and international expansion.

DUBAL, where commissioning began in 1979, operates one of the world's largest single-site primary aluminium smelters. The DUBAL complex, built on a 4.75 square kilometre site in Jebel Ali, Dubai, comprises a 1 million tpa smelter, a 2,350 MW power station, a large carbon plant, extensive casting operations (more than 1.2 million tpa), a water desalination plant, dock and other facilities. DUBAL holds ISO 9001, ISO 14001, ISO/TS 16949, ISO/IEC 20000-1, ISO/IEC 27001, ISO 29990, ISO 50001 and OHSAS 18001 certification.

EMAL, where commissioning began at the end of 2009, is the world's largest single-site primary aluminium smelter. The EMAL complex, housed on a 6 square kilometre site in Al Taweelah, Abu Dhabi, comprises a 1.3 million tpa smelter, a 3,100 MW power station, a large carbon plant, extensive casting operations (more than 1.8 million tpa), a water desalination plant, dock and other facilities. EMAL holds ISO 9001, ISO 10002, ISO./IEC 27001, ISO 29990, ISO14001 and ISO/TS16949 certification; as well as OHSAS 18001 certification and NEBOSH certification in Occupational Health and Safety.

The combined DUBAL-EMAL portfolio comprises high quality primary aluminium products in three main categories: high purity and foundry re-melt products (for electronics and aerospace and automotive applications respectively); rolled products (for packaging, lithographic sheets and the automotive industry); and billets for extrusion and forging (for construction, industrial, transportation and automotive purposes). Busbars and anode bars are also made for the electrolytic process used to produce primary aluminium from alumina ore. Over 350 customers are served in at least 68 countries, predominantly in Asia, Europe, the MENA region and the Americas.

Source: zawya.com

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