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Arab News, Thursday, Jun 23, 2022 | Zul Qaadah 23, 1443

Bahrain-listed Alba mulls secondary listing on Saudi bourse

Bahrain: Bahrain-listed Aluminium Bahrain, known as Alba, is considering a secondary listing on the Saudi Stock Exchange, or Tadawul. 

The matter is currently being evaluated, along with other value-creation initiatives as part of the company’s overall business strategy, according to a statement. 

Alba owns the world’s largest aluminum smelter outside of China with a production of over 1.56 million metric tons per year in 2021. 

So far, there has not been a listing of a non-Saudi company in the main market and Nomu. 

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