Search Site

Trends banner

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

Alba sets new production record

1 min read
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.