Saturday 12 July 2014
 
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Hidd Industrial Area

IIB acquires 14.3pc stake in Hidd sugar refinery

Bahrain-based International Investment Bank (IIB) has acquired a 14.29 per cent equity stake in a sugar refinery to be established in the Hidd industrial area. The refinery will be the first of its kind in Bahrain and the third in the GCC,

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New plant to meet energy needs

Bahrain's newly-operational first private power plant will allow the country to meet its high energy requirements. Al Ezzel Power Company (AEPC) chief executive Stafford Reimers said the $500 million Al Ezzel power plant in Hidd Indus

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