Aluminium Bahrain (Alba) has signed a non-binding Memorandum of Understanding (MoU) with Egypt’s Metallurgical Industries Holding Company, marking a step toward enhanced industrial cooperation between the two nations.
The Memorandum of Understanding was signed by His Excellency Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and Chairman of Mumtalakat Holding Company BSC, and Mohammed Al Sadawi, Chairman of the Board of Directors of Metallurgical Industries Holding Company.
The signing took place during an official visit to the Arab Republic of Egypt and in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of the Kingdom of Bahrain.
The MoU sets the framework for exploring strategic collaboration opportunities to potentially develop an alumina refinery in Egypt, with potential for offtake agreements and equity participation.
Bahrain’s Alba
Alba is a world-leading aluminum smelter with a proud 50-year legacy in operational excellence, safety, environmental responsibility, and community development. A cornerstone of Bahrain’s economy, Aluminium Bahrain (Alba) produces high-quality aluminum products, including both standard and value-added offerings, which are exported to more than 280 customers worldwide.
As the first aluminum smelter in the Middle East, Alba is central to Bahrain’s thriving downstream aluminum sector, contributing significantly to the Kingdom’s GDP. Committed to social responsibility, Alba employs a workforce that is 87 percent Bahrainis (2024) and invests heavily in employee training and development.
The company also plays a crucial role in the Aluminium Downstream Park, therefore increasing the contribution of non-oil sectors to the GDP of Bahrain. Alba has been recognized for its initiatives to produce Aluminum responsibly through awards such as Top ESG performer in Bahrain by ESG Invest, Safeguard Label from Bureau Veritas, and Best Corporate Governance Award by Ethical Boardroom.
