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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
| Ticker | Price | Volume |
|---|---|---|
| MAADANIYAH | 18.00 | 151,342 |
| FIPCO | 45.05 | 42,576 |
| ASG | 0.00 | 0 |
| TRAFCO | 0.29 | 0 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| ALDREES | 141.40 | 522,113 |
| ALINMARETAILREIT | 4.78 | 26,394 |
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
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
Financial Information Co.
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