Manama, Kingdom of Bahrain – Kuwait Finance House – Bahrain (KFH-Bahrain) announced the signing of a Memorandum of Understanding (MoU) with Aluminium Bahrain B.S.C. (Alba) to strengthen collaboration on supply chain finance solutions and explore opportunities to leverage digital capabilities and solutions with a focus on enhancing financial services, efficiency and resilience across the supply chains.

The MoU was signed on the sidelines of FinTech Forward 2026, where KFH-Bahrain is participating as a Diamond Sponsor. The forum brings together leading figures from the financial and technology sectors, alongside innovators, to explore opportunities for collaboration and developments shaping the future of financial services. The partnership reflects KFH-Bahrain’s commitment to supporting the growth of the local supply chain ecosystem by leveraging its expertise and specialised supply chain finance solutions. Through exploring innovative financial and digital solutions in collaboration with Alba, the Bank aims to enhance access to financing for corporates and SMEs, improve liquidity across the various participants in the supply chain, support business sustainability, and strengthen the private sector’s contribution to the national economy. On this occasion, Mr.

Mohamed Assem, Deputy Group CEO for Corporate Banking at KFH-Bahrain, said: “This partnership reflects our commitment to supporting Alba and its supplier ecosystem through innovative supply chain finance and working capital management solutions. Through our close collaboration with Alba, we aim to enhance access to financing for local suppliers, particularly SMEs, supporting the resilience and sustainability of supply chains and enabling sustainable business growth. We also see this initiative as an opportunity to contribute to KFH-Bahrain’s ESG objectives by advancing financial inclusion, supporting sustainable economic development and creating long-term value for the business sector and the national economy.” For his part, Mr. Ali Al Baqali, CEO of Alba, said: “This MoU marks an important step in Alba’s ongoing efforts to build a more efficient and resilient business ecosystem while strengthening cooperation with our financial sector partners to explore innovative solutions that support our supply chain.

Our collaboration with KFH-Bahrain provides an opportunity to explore specialised financial and digital solutions that can benefit Alba and its supplier network, particularly SMEs. We believe that the resilience of Alba’s supply chain is closely linked to the strength and sustainability of our suppliers.

By exploring solutions that improve access to financing and enhance working capital management, we aim to support suppliers’ ability to grow alongside Alba while strengthening long-term partnerships and creating shared value. This collaboration reflects Alba’s broader focus on innovation and digitalisation to enhance efficiency, enable sustainable growth, and contribute to the continued development of local businesses and national economy.”