GulfBase Live Support
Leave a message and our representative will contact you soon
04/11/2025 03:30 AST
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, announced a strategic partnership with Shandong Innovation Group (SIG), a fully integrated global aluminium materials manufacturer, and BlueFive Capital, a global investment firm specialising in cross-border business between the GCC and Asia.
This tri-partite, signed on the sidelines of the Gateway Gulf 2025 in the Kingdom of Bahrain, initiates a strategic effort to optimise global aluminium supply-chain from upstream smelting to high-value downstream products.
This collaboration unites three distinct strengths:
Alba's unmatched operational scale and experience as the world's largest smelter on one site.
SIG's robust capabilities in advanced aluminium alloy manufacturing and material innovation.
BlueFive Capital's role as a strategic investor in ventures that bridges the GCC and Asia.
The MoU establishes a framework to explore areas of mutual interest including joint investments, knowledge sharing on best practices and the formation of strategic international alliances.
Ali Al Baqali, Chief Executive Officer of Alba, commented: "This strategic MoU with our partners marks a commitment to global resilience and resource security. While we maintain our position as the world's largest single-site smelter, this alliance provides the mechanism to pursue upstream investment opportunities beyond Bahrain's borders. By securing our raw material flow and expanding our international reach, we are taking decisive action to sustain Alba's leadership and ensure a robust future for Bahrain's industrial sector."
Charles Cui, Vice Chairman of Shandong Innovation Group, added: "Shandong Innovation Group is excited to unite our world-class manufacturing capabilities with the smelting leadership of Alba and the strategic vision of BlueFive Capital. This partnership is founded on a shared vision for a more resilient and integrated global aluminium industry, and we are committed to leveraging our ability to both provide access to secure and innovative supply chains for critical materials and share knowledge to set new standards for the industry worldwide."
Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, stated: "Today's signing lays the foundation for a powerful trilateral bridge connecting industrial leadership, technological innovation, and strategic capital. BlueFive Capital is proud to act as the catalyst for this collaboration in line with our mission to create partnerships that drive not only financial returns but also create new growth pathways for our partners beyond their traditional markets - in this case, creating a new paradigm for cross-border cooperation between the Kingdom of Bahrain and China."
Trade Arabia
15/10/2025
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, is pleased to announce its progression to the accelerator phase of the Open Innovation Programme, a strategic colla
BNA
09/10/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, celebrated the graduation of its second batch of employees from the Top-Up Bachelor of Engineering (BEng) programme in Ele
Trade Arabia
17/09/2025
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, has successfully renewed the alumina supply agreement with Hydro, reaffirming their strategic partnership on the si
BNA
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 59.40 | -0.40 (-0.67 |
| SABIC | 57.45 | -0.55 (-0.95 |
| SABICAGRINUTRIENTS | 118.90 | -1.10 (-0.92 |
| LIMEINDUSTRIES | 12.16 | 0.11 (0.91 |
| APICO | 36.92 | -0.08 (-0.22 |
10/11/2025
In its latest effort to enrich customers' banking journey with added value, Burgan Bank presents Kuwaiti employees with salary account, Al Rateb, tailored conveniently to meet their needs and financi
Kuwait Times
10/11/2025
Dizlee, Zain Group's API (application programming interface) digital monetization ecosystem provider has entered a strategic partnership with Aduna, enabling faster deployment of new digital services
Kuwait Times
10/11/2025
Dukhan Bank has signed a strategic Memorandum of Understanding (MoU) with Global Infrastructure Partners (GIP), a part of BlackRock, marking a historic first for the Qatari banking sector.
A
Gulf Times
10/11/2025
QNB Group announced the winners of two Sea Ray boats as part of its QNB Visa Credit Card Summer Campaign during the Qatar Boat Show 2025 - a four-day luxury event at Doha Port showcasing world-class
Gulf Times
10/11/2025
Qatar Islamic Bank (QIB has announced the latest millionaire as part of the Misk Account 8th edition, continuing its commitment to rewarding responsible saving and empowering customers across Qatar.
Gulf Times