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The group founded Gulf Extrusions, an aluminium extrusion plant, in 1976. [14] The plant opened in 1979. [14] The Al Ghurair Group opened the Gulf's first shopping mall, Al Ghurair Centre, in 1981. [15] [16] Arabian Packaging, a producer of corrugated packaging, was founded by the group in 1982. [17]
This is a list of primary aluminium smelters in the world. Primary production is the process by which alumina is smelted to pure aluminum. [1] Secondary production is the process of recycling aluminum scrap into aluminum that can be used again. [2]
Below is a list of the largest aluminum-producing companies by output (in 1,000,000 metric tons), ... UAE 7 SPIC: 2.5 China 8 Vedanta: 2.3 India 9 East Hope 2.2
More than 85% of the UAE's economy was based on oil exports in 2009. [2] [3] While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy. [4] In 2011, oil exports accounted for 77% of the UAE's state budget. [5]
This is a list of countries by primary aluminium production in 2023. [1] Primary aluminium is produced from aluminium oxide which is obtained from bauxite and excludes recycled aluminium. Only countries with a minimum production of 100,000 tonnes are listed.
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Alumex is the leading Aluminium manufacturer in Sri Lanka, with a 46% market share. Alumex's related company Swisstek controls 30% of the market share. [8] Alumex is one of the LMD 100 companies in Sri Lanka. LMD 100, analogous to Fortune 500, lists publicly traded companies in Sri Lanka by revenue. In its 2020/21 edition, Alumex ranked 88th. [9]
During 2004 and 2005, there were significant increases in the volume of shares traded and the share prices of many companies. However, towards the end of 2005 and through the first few months of 2006 the bubble burst and share values dropped by around 60% on DFM, along with similar decreases in most other Persian Gulf stock markets.