INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

EGA, Ma’aden tech cooperation

The agreement extends a Memorandum of Understanding signed initially in 2018.
  • The two firms will also consider cooperation in managing by-products from processes in the aluminum value chain
  • EGA has developed its own aluminum smelting technology for more than 25 years.

Emirates Global Aluminum (EGA) and Saudi Arabian Mining Company (Ma’aden), Saudi Arabia’s national mining company, will explore potential collaboration on technology in the aluminum value chain.

The companies will explore cooperation on aluminum smelting technology development, including novel technologies with lower greenhouse gas emissions.

EGA and Ma’aden will also consider cooperation in managing by-products from processes in the aluminum value chain and aluminum recycling.

The agreement extends a Memorandum of Understanding signed initially in 2018.

EGA has developed its own aluminum smelting technology for more than 25 years.

EGA has used its UAE-developed technology for every smelter expansion since the 1990s and has retrofitted all its older production lines.

Ma’aden operates the largest and most efficient vertically integrated aluminum complex in Ras Al Khair on Saudi Arabia’s east coast.