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Alba Q3, NI sales down with low prices

Alba reported a sharp drop of 70 per cent in the net income for Q3 with sales down 17 per cent year on year due to lower LME prices. Net income for the third quarter slumped to BD8.7 million ($23 million) versus BD29.5 million for the same quarter in 2014. The company posted a net income of BD75.7 million for the nine months of 2015 versus BD61.9 million,...

ABS certification for Asry

Asry, a leading regional ship and rig repair yard located in Bahrain, has received certification fro ...

GE bags $16bn Emirates MRO deal

Emirates' new deals with GE Aviation, including a $16 billion contact for the MRO (maintenance, ...

Hilal Computers, Oracle host event

More than 50 IT professionals gathered for a seminar hosted by market-leading IT solutions and techn ...

Projects worth $871m underway at DSO

The smart city project Silicon Park is one of several schemes totally worth Dh3.2 billion ($871 mill ...





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