close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Dubai’s Al-Braik Plans Silicon Smelter In Abu Dhabi

smelter in Abu Dhabi

Oil-rich Abu Dhabi, capital of the United Arab Emirates, is investing billions of dollars in industry, tourism and infrastructure as it seeks to diversify its economy beyond oil.

0

March 24, 2013 5:17 by



Dubai-based Al-Braik Investments on Sunday said it planned to set up a $200 million silicon smelter in Abu Dhabi, the first facility of its kind among Gulf Arab countries.

Privately owned Al-Braik has obtained approval from the Khalifa Industrial Zone in Abu Dhabi (Kizad) to produce high- grade silicon metal used in the aluminium industry, the company said in a statement.

Al-Braik, which invests in energy, real estate and hospitality industries, appointed U.S investment bank Jefferies LLC as financial advisor for the project.

The $200 million investment would build two furnaces with combined output capacity of 33,000 tonnes per annum; they would be fully operational in early 2016. Capacity would be doubled by 2019.

Oil-rich Abu Dhabi, capital of the United Arab Emirates, is investing billions of dollars in industry, tourism and infrastructure as it seeks to diversify its economy beyond oil.

Kizad, which became operational this year, has Emirates Aluminium as its anchor tenant with several other industries setting up shop in the first phase, which spans 51 square kilometres (20 square miles).



0

Leave a Comment