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Emirates Aluminium to Develop $4.91 Billion Saudi Smelter - ASHARQ AL-AWSAT English Archive
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DUBAI, (Reuters) – Saudi Arabia’s Emaar Economic City 4220.SE said it agreed with Emirates Aluminium to build an 18.4 billion riyal ($4.91 billion) aluminium smelter in the Saudi kingdom.

The smelter will produce as much 700,000 tonnes per year of the metal, Emaar Economic City, an affiliate of Dubai-based Emaar Properties EMAR.DU, said in a statement on Wednesday.

Construction will start at the end of the year, Emaar Economic City said.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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