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05 MARCH 2024 AL CIRCLE

Alba signs partnership agreement with World Economic Forum to strengthen its position as a global leader

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

On Monday, March 4, Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, signed an Associate Centre Partnership Agreement with the World Economic Forum (WEF) under the Advanced Manufacturing Industries Cluster.

Alba joins World Economic Forum

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The signing ceremony was led by Alba’s Chief Executive Officer Ali Al Baqali and WEF’s Head of Global Partner Development and Member of the Executive Committee Alexandre Raffoul at Alba premises.

Other key representatives who attended the signing ceremony included Chief Supply Officer Waleed Tamimi and Operational Excellence Manager Ahmed Bahar from Alba, as well as the Regional Manager—Business engagement, Middle East and Africa, Joanna Lahham, and Community Curator, Advanced Manufacturing and Supply Chains, Ian Cronin, from WEF.

This partnership is valid for three years, qualifying Alba to collaborate with industry leaders, policymakers, and experts within the Advanced Manufacturing ecosystem. The partnership will also enable Alba to access best practices and insights from global leaders in sustainability, technology, and industry trends.

Commenting on this partnership, CEO Ali Al Baqali, said: “As a corporate global citizen, Alba is committed to driving positive change through leadership and global cooperation. We are excited to partner with the World Economic Forum, a platform for exchanging expertise and best practices in key domains like Artificial Intelligence, Sustainability, and Supply Chain.

 This partnership will further strengthen our position as a global leader and accelerate our digital transformation journey, potentially leading to inclusion in the prestigious Global Lighthouse Network, a leading platform for collaboration and learning related to advanced Industry 4.0 technologies.”

Alexandre Raffoul, Head of Global Partner Development and Member of the Executive Committee at the World Economic Forum, said: “We are delighted to welcome Alba as a partner of the World Economic Forum, this collaboration aims to support Alba and the Kingdom of Bahrain in anticipating global trends and accelerating digital transformation. This partnership aligns with the Forum’s mission for shaping the future of advanced manufacturing and supply chains, focusing on Industry 4.0 applications, fostering the realization of net-zero industries, and driving responsible growth.”

WEF’s Global Lighthouse Network is a platform for manufacturers to use fourth industrial revolution technologies to transform factories, value chains and business models for better productivity and sustainability gains.”


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EDITED BY : DEBANJALI SENGUPTA 2MINS READ

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