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19/03/2015 05:41 AST
Company has announced plans to set up a new factory with a high production capacity at Hidd Industrial Area.
Work on the BD20 million project is expected to be completed in three years.
The factory aims to meet growing local demand and supply large quantities to food-manufacturing factories in Bahrain at non-subsidised rates.
The new factory is expected to double flour production capacity, which is currently at 420 tonnes daily, company chief executive Mohammed Abdulwahab Nass told our sister paper Akhbar Al Khaleej.
Chairman Abdullatif Al Awjan said the company posted BD614,142 net profit last year and the board has approved distribution of cash dividends of 45pc of the paid-up capital or 45fils per share to shareholders.
Gulf Daily News
19/03/2015
Alba has announced that 25 of its employees have been certified as "Green Belt in Six Sigma".
Six Sigma is a set of techniques and tools for process improvement.
The employees'
Gulf Daily News
07/04/2014
Bahrain Flour Mills has launched a new corporate identity and product branding to support its growth plan in the kingdom and the region.
The company will now operate as "Al Matahin" as it
Gulf Daily News
27/03/2014
The Bahrain Flour Mills Company's planned new flour mill will now cost BD14 million ($37 million) up from BD12 million earlier due to shift in location because of policy changes, the company's chairm
Trade Arabia
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16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
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