Following a long awaited deal signed last year by parent company Mubadala, Emal is set to merge with Dubai Aluminium (Dubal) becoming Emirates Global Aluminium, the world’s fifth largest aluminium company with an enterprise value of more than $15 billion. Al Mazrooei will oversee the UAE operations of the new company, including an expansion to create the world’s largest single-site aluminum smelter. The site is considered crucial for Abu Dhabi’s 2030 diversification strategy, which aims to see a greater contribution from industry.