Wednesday 19 December 2018

#UAE's aluminium industry accounts for 1.4% of country's economy  - The National

UAE's aluminium industry accounts for 1.4% of country's economy  - The National:

Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, and the country's aluminium sector, account for 1.4 per cent of the UAE economic output.

The company and industry have employed 60,950 people in 2017 with one in every 100 people working in the UAE being employed in the aluminium sector, according to a new study by Oxford Economics and EGA. No comparative figures or projections were provided.

"Over the past four decades, EGA has taken the UAE from no aluminium production to the fifth-largest aluminium producing nation in the world," said Abdulla Kalban, managing director and chief executive of EGA, to The National, adding that its UAE customers buy 10 per cent of production, its largest single market, and supplies the metal to more than 60 countries worldwide that make products using its metal, from car parts to window frames.

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