Monday 30 May 2016
 
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Alba

Alba Line 6 capex down to around $3bn

Aluminium Bahrain (Alba), the Bahrain-based international smelter, announced that the capex associated with Line 6 Expansion Project was brought-down from $3.5 billion to around $3 billion. As per the initial bankable feasibility

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Alba donates forklift to NIIT Bahrain

Aluminium Bahrain (Alba), one of the leading industrial companies in the kingdom, recently donated a forklift to the National Institute of Industrial Training (NIIT), Bahrain, for the training of Bahraini students. This donation i

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Alba to seek $500m loan for expansion

Bahrain-based international smelter Alba plans to raise up to $500 million debt from local and regional banks to part finance its $3.5 billion expansion, the company’s chief executive Tim Murray was quoted as saying by the Gulf Daily News,

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Alba briefs contractors on Line 6 project

Bahrain-based Aluminium Bahrain (Alba), a leading international aluminium smelter, today (May 23) held a Supplier and Contractor Forum for its Line 6 Expansion Project, in the kingdom. The event took place at the Awal Ballroom, Gu

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Alba briefs contractors on Line 6 project

Bahrain-based Aluminium Bahrain (Alba), a leading international aluminium smelter, today (May 23) held a Supplier and Contractor Forum for its Line 6 Expansion Project, in the kingdom. The event took place at the Awal Ballroom, Gu

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Bahrain sovereign fund net profit drops 68.7pc

Bahraini sovereign fund Mumtalakat reported a 68.7 percent drop in 2015 net profit on Sunday, as the state-owned investor cited impairment losses for the decline. Net profit in 2015 was $76.3 million against $243.6 million in the

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Alba wins top safety recognition

Aluminium Bahrain (Alba), a leading aluminium smelter in the world, has been awarded the British Safety Council’s (Gold) International Safety Award for 2015 for its commitment and diligent efforts towards maintaining safety, health and wel

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Alba backs top aluminium conference

Aluminium Bahrain (Alba), one of the world’s leading aluminium smelters, is participating at the ongoing Commodity Research Unit’s (CRU) 21st World Aluminium Conference, as its key sponsor. The event which kicked off y

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Alba CFO among top 50 ME finance professionals

Aluminium Bahrain (Alba), a leading international aluminium smelter, said that its chief financial officer (CFO) Ali Al Baqali has been named on the top 50 list of the “Who’s Who in Middle Eastern Finance 2016” by the Global Fi

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Alba blames aluminium price collapse as Q1 profit falls 88pc

Aluminium Bahrain (Alba), owner of one of the world's largest aluminium smelters, reported a 88.6 per cent fall in first-quarter net profit on Monday as a result of a collapse in aluminium prices. Alba's net income for the

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