Flip through the latest issue of Gulf Weekly.
Alba was given a rousing welcome at the London Stock Exchange (LSE) recently on the occasion of the admission of the company's Global Depositary Receipts (GDRs) to the Official List of the UK Financial Services Authority and trading on LSE's Main Market.
The welcome ceremony in London was attended by Bahrain's Ambassador to the UK Shaikh Khalifa bin Ali Al Khalifa, Bahrain Stock Exchange director Fouad Rashiid and other senior representatives from Alba, Mumtalakat Holding Company and the Economic Development Board.
They were welcomed by the London Stock Exchange Group CEO Xavier Rolet.
Alba's board of directors chairman Mahmood Hashim Al Kooheji said: "I would like to thank the London Stock Exchange for their support and guidance throughout the 'offering' process. We believe that our listing in London demonstrates our commitment to transparency and stronger corporate governance, and has helped us attract a strong international investor base. This move further underlines the company's determination to explore a variety of strategic options to strengthen operational efficiency and enhance global competitiveness."
Mr Rolet added: "We are very pleased that the company successfully joined our flagship Main Market and we look forward to a long and prosperous relationship with the business."
Mr Rashid said that the listing of Alba's GDRs on LSE will attract more institutional and retail investors to invest in one of the leading companies in Bahrain.
