GulfBase Live Support
26/02/2018 05:38 AST
Aluminium Bahrain (Alba), owner of one of the world’s largest aluminium smelters, will raise by the end of this year’s first quarter the final debt amount needed to fund its Line 6 expansion project, a company official said. With Line 6, Alba will become the world’s largest single aluminium smelter complex, increasing production capacity by 540,000 metric tonnes to a total capacity of 1.5 million tonnes per year, the company says.
The project involves capital expenditure of around $3 billion (Dh11 billion). Of this amount, $1.5 billion was funded through a syndicated loan raised in 2016, $400 million was funded internally, and $700 million was borrowed last year through loans guaranteed by export credit agencies.
Gulf News
03/04/2018
Aluminium Bahrain B.S.C. (Alba), one of the world’s leading smelters for promoting safety culture, is the proud recipient of the Gulf Safety Forum Award during its second edition which was held from
Biz Bahrain
15/03/2018
Aluminium Bahrain (Alba), an international aluminium smelter, said its position as one of the world’s top aluminium producers and its significant contribution to the Bahrain’s economy were discussed
Trade Arabia
19/02/2018
Aluminium Bahrain (Alba) chief executive officer Tim Murray held a one-day workshop ‘Tomorrow will be different than Today’, based on the former Saudi Arabian Minister of Petroleum and Mineral Resour
Trade Arabia
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News