Alba set to become world’s largest smelter
April 26, 2018

Aluminium Bahrain (Alba) will soon become the world’s largest smelter with an annual production capacity of 1.5 million metric tonnes per year, said a top Alba official.

Speaking during CRU’s 23rd World Aluminium Conference, Chief Executive Officer Tim Murray said he is confident that Alba will “succeed in taking-off Line 6 Expansion Project into reality and deliver the First Hot Metal on 01 January 2019.”

“I"...

Bahrain’s value of imports reach $3.4bn in Q1
April 26, 2018

Bahrain’s value of imports increased by 15 per cent as it reached BD1.293 billion ($3.43 billion) during first quarter of 2018 compared to BD1.124 billion ($2.98 billion) for the same quarter of the previous year, said a report.

The top 10 countries account for 67 per cent of the imports value and the rest other countries, said the foreign trade report by Information & eGovernment Authority (iGA) for the first quarter of 2018, which encompasses balance of trade, imports, exports and re-exports (national"...

CBRE named leasing manager for Bahrain mixed-use property
April 26, 2018

Kuwait-based AlArgan International Real Estate Company has signed up global real estate advisory firm CBRE as the exclusive property manager for its major property in Bahrain - Argan Village.

An award-winning property, Argan Village is located within the larger Jeyoun community development in Bu Quwah, a popular residential district in Bahrain, off Shaikh Isa Bin Salman Highway.

It is a 11,072-sq-m lettable retail development with a 3,146-sq-m landscaped park area located in its centre - home to regular"...

Bahrain Islamic Bank Celebrates Its First Graduating Class of Trained Personnel
April 26, 2018

Under the patronage of His Excellency the Minister of Labor and Social Development, Mr. Jameel bin Mohammed Ali Humaidan, Bahrain Islamic Bank (BisB), the leading Islamic bank in the Kingdom of Bahrain, recently held the graduation ceremony to honour its first batch of employees who completed a series of training programs organized by the Bank in 2017. The programs focused on equipping employees with enhanced soft skills and financial knowledge and developing management and leadership, under the support of the Tamkeen Labour"...

KFH-Bahrain Announces First Winners of iPhone X Devices
April 26, 2018

Kuwait Finance House – Bahrain (KFH-Bahrain) announced the first batch of winners for its latest promotion which gives new credit card subscribers the opportunity to enter monthly draws and win one of 15 iPhone X devices over a period of 3 months.

The March 2018 winners include Maitham Abdulameer Ahmed, Rajapandian Varada Pillai, Badreya Yusuf Buzabboon, Jamil Ahmad"...

Bahrain Marina signs deal to open Shangri-La hotel by 2022
April 26, 2018

Bahrain Marina Development Company, a wholly-owned subsidiary of the Social Insurance Organisation (SIO), has appointed Hong Kong-based Shangri-La Hotels and Resorts as Bahrain Marina’s hotel operators, which is scheduled to open by 2022.

The Shangri-La hotel will include 250 hotel rooms, 150 one to three bedroom suites, 8 beach chalets and 21 waterfront villas.

In addition,"...