Aluminium Bahrain with new board
The Bahrain All Share Index lost 0.17 per cent, finishing at 1,370.37 points on Sunday, March 2. Aluminium Bahrain (Alba) fell by two per cent to BD0.49. Earlier in the day, Alba announced the appointment of the new board of directors, effective immediately, during the board of directors meeting for 2014, held on Thursday, February 27, at the Gulf Hotel in Bahrain. Bahrain Islamic Bank advanced by 8.11 per cent to BD0.16, finishing as a top gainer. The board updated the register of the directors following the shareholders’ approval during the annual general assembly on the newly appointed chairman of the board of directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa; the appointment of Yousif Abdulla Taqi, Osama Mohammed Al Arrayedh, Fahad Nasser Al-Hazzani, Dr Mohamed Kameshki and Tony Robinson (Anthony Lee Robinson) by Bahrain Mumtalakat Holding and the appointment of Mutlaq Hamad Al Morished and Fahad S. Al Sheaibi by Sabic Industrial Investments Co (SIIC) together with the elected director, Abdul Aziz Al Humaid from SIIC as the new directors of the board.