Manama, September 3 /BNA/ In the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, may God protect him, and within the framework of his official visit to the Arab Republic of Egypt, Aluminium Bahrain B.S.C. (Alba) signed a non-binding Memorandum of Understanding with the Holding Company for Metallurgical Industries on September 3, 2025.

This memorandum forms a framework for future discussions between the two companies regarding several strategic initiatives, including the possibility of developing a project for an alumina refinery in Egypt, alongside potential options for long-term purchase agreements or equity partnership.

The memorandum was signed by His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and Chairman of the Board of Mumtalakat Holding Company B.S.C., and Mr. Mohamed El Saadawy, Chairman of the Holding Company for Metallurgical Industries.