Despite continuing external headwinds, in particular the significant drop in the price of oil since mid-2014, the Colombian economy remained resilient in 2015, expanding by 3.1%.
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Interviews & Viewpoints | Tim Murray, CEO, Aluminium Bahrain (Alba): Interview from The Report: Bahrain 2016
What are the most significant market challenges in the aluminium industry at present, and how is Alba addressing them?
Articles & Analysis | Bahrain invests in capacity expansion as non-oil sector drives growth from The Report: Bahrain 2016
After a year characterised by falling global prices for both crude oil and aluminium, there is a surprising degree of optimism in Bahrain’s economy. With major investments in its infrastructure being financed by the Gulf Development Fund and Aluminium Bahrain’s (Alba) sixth pot line moving ahead, there is a sense that Bahrain is busy, from its...
Articles & Analysis | Bahrain's confectioners invest locally to feed the Gulf's growing populations from The Report: Bahrain 2016
The Middle East’s appetite for sweets and savoury snacks can be thanked for more than $240m worth of investments in Bahrain in just two years. In 2016 the new $90m Mondelez factory is due to start producing biscuits that will be shipped all over the MENA region and parts of Asia. It is opening two years after Arabian Sugar’s $150m refinery...
Articles & Analysis | Bahrain prepares for aluminium price recovery with sixth production line from The Report: Bahrain 2016
As Aluminium Bahrain (Alba) celebrates the 45th anniversary of aluminium production in Bahrain, the firm is looking to the future and working on the construction of its sixth pot line, an expansion plan that will make the company the world’s largest single-site smelter. A few weeks after Alba announced it would be going ahead with the...
Bahrain is investing heavily in expanding its industrial sector, as the non-oil sector continues to drive growth in the kingdom. The oil and gas sector grew by 3% in 2014, while the non-hydrocarbons sectors expanded by 4.9%. In the first quarter of 2015, manufacturing was up 5.9% year-on-year. In June 2015 Aluminium Bahrain (Alba) announced it would be going ahead with a sixth production line...