Arab Aluminium Industry Unites to Drive Strategic Growth in MENA
More than 60 industry-leading speakers and over 550 delegates from 35 countries gathered together at the 21 st edition of the Arab International Aluminium Conference & Exhibition (ARABAL) in Muscat, Sultanate of Oman. The six regional heavyweights who are the force behind ARABAL, included Sohar Aluminium, Aluminium Bahrain, Egypt Aluminium Company, Qatar Aluminium, Maaden Aluminium and Emirates Global Aluminium, have collaborated for more than 3 decades to bolster the industry and drive critical growth in MENA.
Mohammad Al Naki, Founder and Chairman of the Arab International Aluminium Conference said, "ARABAL has actually been held for 34 years currently thanks to the joint initiatives of the member firms and the constant assistance of our companions in the Aluminium field. This conference likewise creates an enabler for us to unlock the potential opportunities in our sector, share knowledge, and shape a sustainable future for this critical industrial sector.".
During his Keynote Address, H.H. Sayyid Kamil bin Fahd bin Mahmoud Al-Said, Assistant Assistant General for the Cabinet of the Deputy Prime Minister for the Council of Ministers, stated, "While Oman's lots of natural resources have actually been taken advantage of with substantial success, we need vision to open their complete potential.
This is something Oman has actually been able to accomplish within the global aluminium market since its emergence as a player only a few years earlier. Locally, the industry has increased task possibilities and produced an useful knowledge base regionally and worldwide, which has contributed considerably in elevating Oman's profile.".
Given that its creation in 1983, ARABAL has actually worked as the leading knowledge-sharing and networking platform for the aluminium industry in the Middle East and North Africa. The stamina and success of both ARABAL and MENA's aluminium industry has actually been driven by the enduring commitment and partnership in between all of region's main aluminium makers which has actually allowed production degrees to reach 10% of world production, leaving out China.
This year's edition of ARABAL adhered to a lengthy practice of discussion and knowledge transfer directed by the theme 'Driving Strategic Growth Across the Global Aluminium Industry. The incorporated program of panel conversations featured distinguished speakers and expert analysts who shared key understandings on the present global financial climate along with market obstacles and opportunities as brand-new supply and demand centres arise along with potential use renewable energy sources, warehousing, and innovation in aluminium.
The ARABAL 2017 Exhibit featured a distinguished line-up of 43 business from some of the world's leading product and service carriers of the aluminium industry, local downstream firms, all the key aluminium smelters in the GCC and the Middle East, and a large delegation from the Quebec aluminium field lead by Canada's and Quebec's Export Development Agencies.
Highlighting the stature of the event, industry leaders from Norway, Australia, China, U.S.A, Russia, Iran and India participated in a solitary session for the first time in ARABAL's history. Reps from aluminium titans Norsk Hydro, Rio Tinto, UC RUSAL, Aditya Aluminium India, Iranian Mines & Mining Industries (IMIDRO) and AZ China Ltd, tackled future need for aluminium created in emerging markets consisting of the Middle East while London Steel Exchange (LME), Thomson Reuters, and Bank of China International and Harbour Aluminium addressed the global economic expectation for metal commodities.
