Aluminum Bahrain Company “Alba” and ABC Group on the “Forbes” magazine list for the 100 most powerful public companies in the Middle East region for the year 2025, in confirmation of the durability of the financial and operational performance of the major Bahraini institutions, and its ability to compete regionally.
“Alba” between the regional industry giants
Alba, led by CEO Ali Al -Baqali, is one of the largest aluminum mosque in the world, with its production capacity in 2024 a barrier of 1.622 million metric tons, with a market value of about $ 3.8 billion. The company recorded sales of $ 4.3 billion, profits of $ 491 million, while its assets amounted to about 7.1 billion dollars.
As part of its strategy to secure sustainable supply chains, Alba renewed in October 2024 its long -term agreements with Alcoa to supply about 16.5 million tons of alumina over a period of ten years, starting in 2026.
The market value of ABC Group is about $ 1.1 billion, and the bank offers a wide range of international banking services in 15 countries across the Middle East and North Africa, Europe, Americans and Asia. It also provides retail banking services through its branches in Jordan, Egypt, Tunisia and Algeria, and through the bank “to” that is available exclusively via smart devices in Bahrain, and the application “to” in Jordan.
In March 2024, ABC Bank completed its integration with Bloom Egypt Bank, which led to the growth of its market share in the Egyptian market to double three times. The year 2024 witnessed the bank’s net profits of 19% to $ 351 million. The Central Bank of Libya and the Kuwait Investment Authority are among the most prominent major shareholders in the bank. The bank’s sales amounted to about 3.7 billion dollars, and profits, 351 million dollars, while its assets amounted to 46.3 billion dollars.
The “Forbes” report pointed to the growth of sales of companies listed on the list by 12.2% to $ 1.1 trillion, while the value of assets reached about $ 5.4 trillion, compared to $ 4.9 trillion on the list of the previous year, at a growth rate of 10.8%.
The Gulf Cooperation Council states dominated the list by representing 91 companies, issued by the UAE with 33 companies, followed by Saudi Arabia with 30 companies, and Qatar with 12 companies. The list also included 10 companies from Kuwait, 4 companies for Morocco, the Sultanate of Oman, 3 companies from Egypt, and two companies for Jordan and Bahrain.
