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- Oil Updates - prices nudge higher amid economic uncertainty, OPEC+ supply fears
- Saudi Arabia to power data platforms with AI to drive Vision 2030 goals
- For Dubai property demand, a weak dollar has its benefits, especially for luxury home buys
- Oman, UAE boost bilateral trade and investment ties
- Tatweer plans several new projects in Duqm zone this year
- Dubai gold price drops - again - ahead of April 30's 'Akshaya Trithiya'
- Saudi Awwal Bank records SR2.1 billion net profit after zakat and income tax for 1Q25
- ECB set for deeper interest rate cutting cycle
- 'Qatar-Belgium Business Meeting reviews bilateral investment co-operation'
- Qatar makes impact in strengthening integration frameworks in Arab capital markets
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
28/04/2025
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 Mid
Trade Arabia
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SABIC | 61.70 | -0.30 (-0.49 |
| MAADEN | 48.00 | 0.00 (0.00 |
| SABICAGRINUTRIENTS | 102.40 | -0.20 (-0.20 |
| MARBLEDESIGN | 75.30 | -0.70 (-0.93 |
| LIMEINDUSTRIES | 12.40 | -0.18 (-1.44 |
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
Saudi Gazette
28/04/2025
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
Revenues for the first quarter reached SR19,210 mill
Saudi Gazette
28/04/2025
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.
Trade Arabia
28/04/2025
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 Mid
Trade Arabia
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
Financial Information Co.
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