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28/04/2025 02:32 AST
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Middle East to adopt cutting-edge AI-powered analytics platform Seeq.
The integration of Seeq has been completed by Alba in strategic partnership with Saudi Arabia's Crucial Solutions and Services (CSS), thus revolutionising the aluminium giant's operational efficiency, quality control and asset reliability through advanced Artificial Intelligence (AI) and Machine Learning (ML).
An agreement was signed in this regard at a special ceremony held today (April 27) at the Alba's premises which was attended by CEO Ali Al Baqali and Crucial Solutions and Services CEO and Founder Sulaiman Alzuhair along with other senior executives from both organisations.
Commenting on the partnership, Al Baqali said: "Since its inception in 1971, Alba has always been synonymous with scale and quality. Today, we are adding another dimension: intelligent operations."
"By becoming the first smelter in the Middle East to implement Seeq's cutting edge platform, we are not just improving our processes, we are establishing a new benchmark for innovation and efficiency that we believe will inspire the entire regional industry," he stated.
Alzuhair, expressing pride at the Alba partnership in this milestone achievement, said: "At CSS, we believe that harnessing the power of advanced analytics and AI is key to driving industrial excellence and operational resilience."
"Together, through the adoption of Seeq, Alba will empower its teams with deeper insights, faster decision-making and achieve greater efficiency - shaping the future not just for the aluminium industry, but for the broader industrial sector across the region," he added.
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Gulf News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SABIC | 62.00 | 0.00 (0.00 |
| MAADEN | 48.00 | 1.00 (2.12 |
| SABICAGRINUTRIENTS | 102.60 | -0.60 (-0.59 |
| MARBLEDESIGN | 76.00 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.58 | -0.28 (-2.18 |
28/04/2025
Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank's financial results for the period ending 31 March, 2025.
For the first three months
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stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
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Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year.
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Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
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