Saudi Arabia Mining Company (Ma'aden) has discontinued discussions to merge its aluminium business with Aluminium Bahrain (Alba), one of the world’s largest aluminium smelters outside of China.

The meeting was led by the Chairman of the Board Khalid Al Rumaihi with attendance from the Board members, Company’s ...

The miner completed the sale and purchase of shares on Feb. 17, raising its holding in Alba to 20.62%, both companies said in statements to Tadawul. The sale amounted to BHD 363.08 million (SAR 3.61 ...

Alba, listed on the Bahrain Bourse with a market capitalization ... and a full-fledged capital markets services firm, SICO Capital, based in Saudi Arabia.