63. Aluminium Bahrain (Alba)

Country: Bahrain
Sector: Industrials
CEO: Ali Al Baqali
Market Value: $4.8 billion
Sales: $4.1 billion
Profits: $314 million
Assets: $6.8 billion

Alba is one of the world’s largest aluminum smelters, producing more than 1.62 million metric tons in 2023. In January 2024, Alba inked a 10-year gas supply deal with Bapco Energies with a fixed price structure for the first five-year period at $4 per million British thermal units (MMBTU). The company’s net profits declined by 71.6% in 2023 to hit $314 million. The company is dually listed on the Bahrain Bourse and the London Stock Exchange.