Mubadala Development Company and Dubal to Build $5 Billion Aluminium Smelter

UAE firms sign $5bn Saudi smelter deal
ArabianBusiness.com

Emirati firms Mubadala Development Company and Dubal signed a memorandum of understanding on Wednesday to build an aluminium smelter for more than $5 billion, the companies announced.
The agreement on the 700,000 tonnes a year smelter was signed with Saudi Arabian General Investment Authority and the joint investment firm Emaar Economic City, they said. ...