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Emirates Global Aluminium profits up 34%
Emirates Global Aluminium announced a 34% increase in their net profits for the first half of 2026, reaching 2.46 billion UAE dirhams (approximately 670 million US dollars), compared to 1.83 billion dirhams (about 500 million dollars) during the same period in 2025. This growth occurred despite an Iranian attack on their Abu Dhabi site, which caused significant damage and delayed the recovery of production. The Longaa refinery's production was halted following the March 28 attack but resumed in July, achieving 50% of pre-incident production levels. The company also experienced a rise in aluminum output during the first half of the year, reaching 602,000 tons compared to 1.14 million tons in 2025.
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