Total dividends amount to $102M, of which $71M will be going to Bahrain Mumtalakat Holding Company BSC, $21M will go to Saudi Basic Industries Corporation and $10M to Alba's other institutional and retail shareholders.

Chairman of Alba's Board of Directors, Mahmood Hashim Al Kooheji said: "After paying the second instalment of 2010 dividends in April 2011 - $165M - this interim dividend comes in less than a year after going public in November 2010 and endorses Alba's strong business model that has successfully delivered returns to its shareholders.”