Aluminium Bahrain’s (Alba) brownfield Line 6 Expansion Project was inaugurated, last month, by His Majesty King Hamad bin Isa Al Khalifa, making Bahrain the home of the world’s largest aluminium smelter outside China.
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has signed an agreement with Xinfa to supply bauxite from its Guinea Alumina Corporation bauxite mine in the Republic of Guinea to the Chinese company for the next five years.
Building on Bahrain’s 2,000-year-old trading legacy, Export Bahrain has just completed one year of operation in helping boost exports for the Kingdom of Bahrain’s small and medium enterprises (SMEs) by identifying and capitalising on global market opportunities.
Oman-based Public Establishment for Industrial Estates (Madayn) said one of its affiliates, Al Mazunah Free Zone, is witnessing rapid developments in terms of infrastructure development, increasing number of projects and trade movement.
Suhar Industrial City, which falls under the umbrella of the Public Establishment for Industrial Estates (Madayn) has signed recently an investment pact with Keryas Paper Industry.
Agility, a leading global logistics provider, together with its digital innovation arm, Shipa, has signed a memorandum of understanding (MoU) with JD Logistics, the supply chain and fulfilment arm of China’s largest retailer, JD.com, to collaborate on logistics in fast-growing e-commerce markets.
Aramex, a leading global provider of comprehensive logistics and transportation solutions, has launched its latest last mile delivery solution, Aramex Spot, across Saudi Arabia and the UAE.
Bahrain has reported a 17 per cent drop in the value of its imports for October which fell to BD425 million ($1.12 billion) from last year’s figure of BD515 million ($1.35 billion, according to data released by the Information & eGovernment Authority (iGA).
RAK’s India exports at $234m RAS AL KHAIMAH’S (RAK) exports to India exceeded Dh860 million ($234 million) in 2018 while the trade between the two sides increased by 17 per cent, said a top Indian government official.