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المشهد العربي
Emirates Global Aluminium sees 34% profit increase in H1
Emirates Global Aluminum, owned by a partnership between Mubadala Development and Dubai Investments, recorded a 34% increase in its net profits during the first half of 2026, reaching AED 2.46 billion compared to AED 1.84 billion in the same period of 2025. Despite a decline in revenues to AED 13.54 billion due to reduced sales volume following the "Tallulah" incident, higher aluminum prices, improved regional premium prices, and lower alumina costs helped boost earnings before interest, taxes, depreciation, and amortization (EBITDA) by 11%, amounting to AED 4.51 billion.
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