Business

Alba Debuts Electric AlF3 Feeding Vehicle in Potlines

Manama: In a forward step towards its ambitious decarbonisation goals, Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on a single site, is embarking on a pilot programme for an electric, battery-powered Aluminium Fluoride (AlF3…

Bahrain All Share Index Closes Lower, Islamic Index Closes Higher

Manama: The Bahrain All Share Index has closed at 1,873.73 points, marking a decrease of 18.12 points below the previous closing. This decrease was due to a drop in the financial sector and the materials sector.

According to Bahrain News Agency, the…

CBB Sukuk Al-Ijara Oversubscribed by 563%

Manama: The Central Bank of Bahrain (CBB) has announced that the monthly issue of its short-term Islamic leasing (Ijara) Sukuk has been oversubscribed by 563%. This significant level of interest resulted in subscriptions amounting to BD 146.496 millio…