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EGA’s GAC awards significant mining contract to Guinean firm as it seeks to expand contribution to local economy

ABU DHABI, 6th December, 2021 (WAM) — Emirates Global Aluminium’s bauxite mining and export subsidiary, Guinea Alumina Corporation, today announced it has awarded a significant mining contract to a Guinean firm as the company seeks to expand its contribution to the Republic of Guinea’s economy.

The contract award to Guinéenne de Prestation et de Construction is believed to be one of the largest ever to a fully-local mining contractor, and has a value of over $34 million over the next 16 months.

As a result of the contract, Guinéenne de Prestation et de Construction expects to expand its workforce by 57 people to over 300.

EGA aims to double its contribution to the economy in the countries where it operates – the United Arab Emirates and Guinea – by 2040. This will be achieved by growing EGA’s own business, increasing local procurement, and localising employment. In the UAE, EGA also sells metal to local customer companies creating further economic value.

Guinéenne de Prestation et de Construction has provided civil engineering services to GAC since 2020, and the contract is the company’s first in mining services. Guinéenne de Prestation et de Construction will be responsible for mining and crushing bauxite ore, and moving it to GAC’s railhead. Like all contractors on GAC sites, Guinéenne de Prestation et de Construction will work to GAC’s safety requirements and under the supervision of GAC’s contractor management team which includes safety experts.

Abdulnasser Bin Kalban, Chief Executive Officer of EGA, said: "This is an important contract award to a Guinean company, which will directly grow our contribution to the Guinean economy as well as building local capability in the mining supply chain. Driving sustainable economic growth is one way we fulfil our purpose of innovating aluminium to make modern life possible."

Kaba Amadou, President and Chief Executive Officer of Guinéenne de Prestation et de Construction, said: "I thank GAC for their trust in us as we expand our business into contract mining. Our commitment is to deliver tonnes to GAC safely, efficiently, and on specification. Mining is an important sector in our economy. It is imperative that we grow businesses in the mining supply chain if we are to capture the full benefits of this sector for the Guinean people."

The construction of GAC was one of the largest greenfield investments in Guinea in the past 40 years. Some 2,600 people now work at GAC.

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Emirates

UAE stands in solidarity with Pakistan and Afghanistan, offers condolences over earthquake victims

ABU DHABI, 22nd March, 2023 (WAM) — The UAE has expressed its sincere condolences and solidarity with Pakistan and Afghanistan over the victims of the earthquake that struck the two countries and resulted in numerous deaths and injuries.

The Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed its sincere condolences to Pakistan and Afghanistan and their peoples, as well as to the families of the victims of this tragedy. It also wished the injured a speedy recovery.

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Emirates

Muslim Council of Elders condemns statements by Israeli Minister denying existence of Palestinian people

ABU DHABI, 22nd March, 2023 (WAM) — Under the Chairmanship of Grand Imam of Al-Azhar Dr. Ahmed Al-Tayeb, the Muslim Council of Elders strongly condemned statements by Israeli Minister of Finance Bezalel Smotrich in which he denied the existence of the Palestinian people.

The Council also condemned his use of a map of Israel that includes lands from the Hashemite Kingdom of Jordan and the occupied Palestinian territories.

The Muslim Council of Elders reiterated its categorical rejection of the Israeli occupation’s attempts to distort realities whilst committing repeated infractions against the Palestinian people.

The Council also called on the international community to take a decisive stand in support of the Palestinian people to rightfully achieve statehood with Jerusalem as the capital of an independent Palestinian state.

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Emirates

UK publishes roadmap for reaching tech superpower status by 2030

LONDON, 22nd March, 2023 (WAM) — The UK has today published a roadmap for reaching tech superpower status by 2030 through a new International Technology Strategy.

The Foreign Secretary and the Science, Innovation and Technology Secretary set out at the launch in London how the UK will build on the strength of its tech sector, which is already the largest in Europe and the third highest valued in the world after the USA and China, said a press release issued by the UK's Foreign, Commonwealth and Development Office.

The UK, guided by four principles – to be open, responsible, secure and resilient – will shape the future of technology in a way that promotes its use positively, and drives innovation and UK tech leadership, while boosting its security from new and emerging threats.

The UK Government will work closely with Governments, academia and industry to leverage the UK’s world-leading strengths in technology through international partnerships with established and emerging science and technology powerhouse nations.

The Prime Minister has made growing the economy, creating better paid jobs and opportunity across the country, one of his five priorities. Investing in the UK's thriving tech sector will directly contribute to that. The sector was worth US$1 trillion in 2022, and the UK is home to more than 85,000 start-ups and scale-ups. More investment was generated in the UK tech sector last year than in France and Germany combined, creating and sustaining high quality jobs around the country.

The International Tech Strategy will boost growth in this sector, strengthening the country's position on the world stage while forging long-term links that will promote the UK as place for investment and collaboration in the technologies of the future.

Foreign Secretary James Cleverly said, “Now more than ever, it is important that the UK steps up to promote British tech excellence worldwide.”

He added that this strategy will help deliver on the UK's ambition to be a tech superpower by 2030, backing UK businesses and helping the country solve the challenges of tomorrow through innovation and international collaboration.

Technology Secretary Michelle Donelan said, “We are a top-class breeding ground for emerging tech, but being a superpower means working with our international partners to turn these nascent technologies into global industries."

Donelan added, “Our International Tech Strategy will ensure we deepen collaboration with our allies on the technologies of tomorrow, driving growth and prosperity for the UK while strengthening our national security.”

As part of the strategy, the UK will also work with the Organisation for Economic Co-operation and Development (OECD) Global Forum on Technology to engage with the international community on how to better use technology.

“We will also build on the UK’s success in securing a seat on the Council of the International Telecommunications Union (ITU), working together with partners to increase worldwide connectivity, and provide clear leadership in the telecoms sector,” said the press release.

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