INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

Alba sets new production record

Alba celebrated this achievement with a ceremony held on January 4 at its Oasis. (BNA)
  • The CEO of Alba said that the company was not just celebrating numbers but the human capital behind "such achievement"
  • He expressed his gratitude to the chairman of the board and also members of the board for their support during 2023

Manama, Bahrain–Aluminium Bahrain (Alba), has set a new record-breaking production of 1,620,665 metric tonnes (MT) in 2023, an increase of 20,554 MT, versus 1,600,111 metric tonnes (MT) in 2022 (+1.3% Year-on-Year).

“We are proud to have once again exceeded our own production target for the year. Today, we celebrate not just numbers but the human capital behind such achievement” Ali Al Baqali, Alba’s Chief Executive Officer, said.

“I also take the opportunity to thank the Chairman of the Board Khalid Al Rumaihi for his leadership and guidance as well as the Members of the Board for their support throughout 2023” he added. 

Alba celebrated this achievement with a ceremony held on January 4 at its Oasis, which was attended by the Company’s Executive Management, Directors, Managers and employees from various departments.