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- Kuwait Airways and Impulse sign strategic agreement
- Russian crude exports slide on drone strikes and Trump's tariffs
- QFMA issues code of governance for listed companies
- Adnoc signs 15-year LNG sales & purchase agreement with IndianOil for Ruwais LNG project
- Vodafone Qatar launches 'You Deserve It' campaign
- Qatar to step up drive to realise Vision 2030 goals
- UAE businesses must keep tax records, file returns on time to avoid penalties, warns FTA
- Qatar's investment in quantum computing could redefine Gulf's tech landscape
- Commercial Bank first bank in Qatar to offer Visa Commercial Pay to SMEs
- Insurance Mergers Accelerate in Saudi Arabia, Redrawing the Competitive Landscape
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
28/08/2025
Aluminium Bahrain (Alba), the world's leading aluminium smelter, has signed a MoU with Bahrain Center for Strategic, International and Energy Studies (Derasat) to advance its environmental, social an
Trade Arabia
25/08/2025
For the second time this summer, Aluminium Bahrain (Alba), a world-leading aluminium smelter, has hosted a five-day summer camp for children of its employees in collaboration with Injaz Bahrain.
Trade Arabia
06/08/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has reported a profit of BD24.6 million ($65.3 million) for the second quarter of 2025, down 64% year-on-Year (YoY), versu
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 52.20 | -0.55 (-1.05 |
| SABIC | 61.00 | -0.45 (-0.74 |
| SABICAGRINUTRIENTS | 121.40 | -1.60 (-1.31 |
| LIMEINDUSTRIES | 12.48 | 0.03 (0.24 |
| APICO | 43.66 | 0.76 (1.77 |
28/08/2025
Adnoc announced on Wednesday that it has signed a 15-year sales and purchase agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India's largest integrated and diversified energy company, fo
Khaleej Times
28/08/2025
In a significant step towards enhancing its digital transformation journey, Kuwait Airways signed a Master Services Agreement (MSA) with Impulse International for Telecommunications, laying the foun
Kuwait Times
28/08/2025
Vodafone Qatar has announced its expansion of Postpaid services through its new 'You Deserve It!' campaign, introducing new connectivity and digital lifestyle offerings to meet the evolving needs of
Gulf Times
28/08/2025
Commercial Bank, a leader in innovative digital banking solutions, has launched Visa Commercial Pay (VCP), a groundbreaking virtual payment platform designed to transform how Small and Medium-Sized E
The Peninsula
28/08/2025
Abu Dhabi-based petrochemicals company Borouge has announced that it has collaborated with Yokogawa, a leading provider of advanced automation technologies and solutions, to conduct a proof-of-concep
Trade Arabia
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