Friday 19 December 2014
 
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aluminium

Aluminium-agriculture to spur Bahrain-Russia ties

Aluminium, aircraft, chemicals, biotechnology, agriculture and pharmaceuticals have been identified as key areas of bilateral trade and investment between Bahrain and Russia, a top Russian minister said. Russia's Minister of I

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EGA underlines industry commitment at Arabal

Emirates Global Aluminium (EGA) demonstrated its commitment to the development of the Middle East as a global aluminium hub through its role as silver sponsor at the recently concluded Arab International Aluminium Conference (Arabal 2014) in Bah

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Alba on track for strong year-end finish

Aluminium Bahrain (Alba), one of the largest aluminium smelters in the world, continues to be a key benchmark within the aluminium industry as the company prepares for future growth, said its top official. "As we head into 20

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Qatar bank hosts industrial training programme

Qatar Development Bank (QDB) recently held a training programme for the small and medium-sized enterprises (SMEs) with special focus on the country's aluminium industry. The course was held as part of a series of Qatar-based &

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Dubal picks banks to arrange $1.8bn loan

Dubai Aluminium (Dubal) has chosen three banks to arrange a $1.8 billion seven-year loan to help fund general operations, its first such facility in a number of years, three banking sources told Reuters on Wednesday. The firm has

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Alba expansion 'will help Bahrain economy'

The planned $2.5-billion expansion of Aluminium Bahrain (Alba) will contribute to the kingdom’s national economy and create additional job opportunities for qualified nationals, said Shaikh Khalid bin Abdulla Al Khalifa, Bahrain’s De

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Alba focuses on human resources: Murray

Developing the human resources is critical and Aluminium Bahrain (Alba) puts a great deal of emphasis on its people, said Alba chief executive Tim Murray. “We are in the people business and 87 per cent of our staff is Bahrai

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EGA plans $5 billion capex by 2020

UAE-based Emirates Global Aluminium (EGA) is bullish about the global aluminium market and plans a capital expenditure of $5 billion by 2020, said the chief executive of the company. “We have to make the investment to be str

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Aluminium pricing may never be the same again

The splintering of the global aluminium price is becoming ever more acute. Physical premiums on both sides of the Atlantic have just sailed through the $500 per tonne level, widening the disconnect between the global reference price set on the L

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Alba Q3 profit surges on higher aluminium prices

Aluminium Bahrain’s (Alba) net income for the third quarter of 2014 jumped to $78 million compared to only $13 million for the same period of 2013. The large increase in net income in third quarter was due to strong operatio

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