VOL. XXXII

NO. 32

15-MAY-1989

BAHRAIN

Balco's Sales Rise by 9.5% in 1988

The Bahrain Saudi Aluminum Marketing Company (Balco) - a joint ventureowned 74.33% by the Bahrain Government and 25.67% by the Saudi Basic IndustriesCorporation (Sabic) which is engaged in the marketing of the aluminum outputof Aluminum Bahrain (Alba) - increased its sales in 1988 by 9.5% to 166,530 tonsfrom 152,118 tons in 1987, according to a statement by the company's GeneralManager, Mr. Ibrahim al-Ghusaibi. The value of...