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Alba’s Q1 net income jumps 506pc to $68m

Aluminium Bahrain (Alba), a leading global aluminium smelter, posted a net income of BD25.6 million ($68 million) in the first quarter of 2017, compared to BD4.2 million ($11 million) in Q1 2016, a 506 per cent increase year-on-year (YoY). Alba’s total sales for the first quarter of 2017 jumped by 22 per cent YoY to reach BD190.4 million ($506...

Ras Al Khaimah launches Rakez

The government of Ras Al Khaimah has launched the Ras Al Khaimah Economic Zone (Rakez), a world-clas ...

New free zone opens to European markets

Abu Dhabi Ports has announced that its Khalifa Port Free Trade Zone will open to European markets, r ...

Sharjah launches new industrial guide project

The Sharjah Economic Development Department (SEDD) has launched an industrial guide project as part ...

Saudi, Russia to launch joint $3bn projects

Russia and Saudi Arabia will launch joint projects worth $3 billion by the end of the year, speaker ...





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