Skip to main content
Dubal Holding was formed in 2014, as a wholly-owned subsidiary of the Investment Corporation of Dubai to manage an existing suite of investments and to invest in new projects and opportunities.

Our Leadership

Our Board of Directors is chaired by His Highness Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance.

Chairman

H.H. Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance

-Read More

Vice Chairman

H.E. Saeed Mohammed Ahmed Al Tayer

-Read More

Board Member

Abdul Wahid Mohammad Al Fahim

-Read More

Board Member

Hilal Khalfan
Bin Dhaher

-Read More

Board Member

Khalifa Hassan Abdulla Al Daboos

-Read More

Chief Executive Officer

Abdulnasser
Bin Kalban

-Read More

img

Our history

His Highness Sheikh Rashid Bin Saeed Al Maktoum signed the Decree to establish Dubai Aluminium (DUBAL) and construct an aluminium smelter in May 1975, and the foundation stone was laid in October of that year. In 1980, commercial production of the smelter began.

img

Our origins

After successive expansions over the years, production began at Emirates Aluminium (EMAL) in 2009. This was followed in 2013, with the announcement of the formation of Emirates Global Aluminium (EGA) by combining the aluminium and other assets of DUBAL (Jebel Ali) and EMAL (Al Taweelah).
EGA was formed in 2014 as a 50:50 shareholding company between the Investment Corporation of Dubai (ICD) and Mubadala Development Company, Abu Dhabi  - the investment arm of the Government of Abu Dhabi.
Dubal Holding was formed as a 100% subsidiary of ICD to manage, among other investments, the 50% shareholding in EGA. 

Our roadmap

In line with the aspirations of its shareholder and board, Dubal Holding aims to develop beyond its current position as a manager/holder of legacy assets and become an internationally recognized investor in commodities and mining, power, water and energy, and industrial projects with special focus on the development of an aluminium cluster in the UAE.  
Through investment with reputed business partners in these sectors, Dubal Holding will promote higher levels of inter-emirate co-operation, support Dubai Vision 2030/2050 on clean energy and further job creation in the local economy. 
Dubal Holding’s ambitious approach towards the development of downstream aluminium businesses in the country will also increase domestic consumption of aluminium from its smelters and support value accretion along the entire aluminium business chain.

×
×