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FINANCIAL NEWS
Saudi�s Maaden begins production at alumina refinery
03 Oct 2016
(MENAFN) Saudi Arabian Mining Co. (Maaden) proclaimed that a subsidiary started commercial production at alumina refinery.
Additionally, production will reach maximum annual capacity of 1.8mn tons of alumina by the beginning of next year.
The subsidiary is 74.9 percent owned by Maaden and 25.1 percent owned by US firm Alcoa.
Accordingly, earnings from the venture would start to have an influence on its results in the fourth quarter of this year.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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