EGA delivers strong underlying financial performance and record sales in 2025
Abu Dhabi, United Arab Emirates, 27 February 2026: Emirates Global Aluminium, the largest 'premium aluminium' producer in the world, and the largest industrial company in the United Arab Emirates outside the oil and gas sector, today announced the closing of a $5 billion multi-tranche debt financing.
The transaction supports EGA's strategic initiatives by enhancing liquidity and providing additional financial flexibility to execute long-term plans, while further strengthening the company's balance sheet and debt maturity profile.
The financing combined conventional and Shariah-compliant facilities arranged with a group of 21 leading regional and international banks, including term loans and revolving credit facilities with tenors of up to five years.
The transaction attracted strong interest from financial institutions across the Middle East, Europe, Asia, and North America, with demand significantly in excess of the facility amount.
Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: "At EGA, we remain focused on long-term value creation for our shareholders including through capital structure optimisation. This successful financing reflects the strong confidence of the international banking community in EGA's credit profile, operational excellence, and long-term growth strategy."
EGA will use the proceeds to refinance existing indebtedness and support strategic initiatives. 2028.
- Deerfields Mall records 11% footfall growth in Q1, reinforcing its position as a...
- Trinasolar upgrades Vertex N G3 modules to 760W, enhancing performance in high-d...
- Federal Tax Authority Obtains Corporate Ethical Procurement and Supply Certifica...
- “High-Stakes Leadership: When Exhaustion Distorts Decisions” - Margarita Aleks, ...
- TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewa...
- ADNOC distribution shareholders approve final 2025 dividend, bringing total annu...
- Global study shows energy industry ramping up investment in autonomous operation...
- SIB launches strategic rights issue to raise gross proceeds of up to AED 2.59 bi...
- Mubadala Energy Secures Southwest Andaman Exploration Block, Further Strengtheni...
- Dubai Investments Reports 31% Growth in Profit Before Tax to AED 1.70 billion fo...
- National Bank of Fujairah PJSC (NBF) posted its third consecutive year of record...
- Hotpack honors outstanding talent and innovation at ‘CEO Excellence Awards 2026'
- Wio Bank PJSC reports AED 61 billion assets and record revenue of AED 1.24 billi...
- talabat proposes share buyback programme and mandates appointment of a liquidity...
- Majid Al Futtaim Reports Record FY 2025 Results with 41% Net Profit Growth and S...