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FINANCIAL NEWS
Amiantit suspends activities in Bahrain
21 Nov 2010
(MENAFN) Saudi pipes manufacturers Amiantit has suspended its activities in Bahrain from November 15 due to the global recession, Akhbar Al-Khaleej reported.
The company was due to invest $61 million in Bahrain. Amiantit Bahrain Holding Company had three manufacturing companies in Bahrain,
including fibreglass reinforced polyester pipes factory and fibreglass epoxy pipes factory, located on 60,000 square metres.
The production was due to start early next year, with a capacity of 24,000 tons of fibreglass and 6,000 tons of epoxy, Akhbar Al Khaleej added.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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