Alba receives top regional honours

Aluminium Bahrain B.S.C. (Alba)'s standing amongst the world's leading aluminium smelters was bolstered with top regional honours the company received for its relations with investor, business operations and interactions with external entities.

Alba's corporate website notched 1st place in Bahrain as well the 2nd place in the Middle East region at the 2012 M: Communications/ KWDigital Middle East Web Ranking Survey after being placed 47 in 2011 in the same survey.

Alba was also chosen as the Best Company for Investor Relations in Bahrain at the 4th Middle East Investor Relations Society (ME-IR) Annual Awards Conference that took place recently in Abu Dhabi. The survey included 138 of the largest listed companies from nine countries in the Middle East and North African Region. As for the award, the winners were voted in an independent IR survey conducted by Thomson Reuters' Extel - reputedly the largest IR survey in the region since 2008.

Commenting on the top regional honours received by Alba, the company's Chief Executive, Tim Murray said: "Corporate success is a team effort and these honours bear testimony to the fact that everyone in Alba has a role to play in strengthening the company's reputation as a leading smelter. As a company we are committed to set benchmarks in corporate governance, transparency and accountability, and these awards indicate that we are moving on the right track. I like to congratulate everyone in Alba who was involved with the corporate website and investor relations, and like to wish them continued success."

Earlier in November, Alba was praised for its success in implementing its Code of Conduct, and was selected amongst seven regional companies to be included in a landmark report on corporate good practices in accountability and transparency. The report was published by Pearl Initiative, a private sector led not-for-profit organisation set up to improve transparency and accountability in the Arab world.