- Source: Mumtalakat Holding Company
Bahrain Mumtalakat Holding Company B.S.C. (Mumtalakat) is the sovereign wealth fund of the Kingdom of Bahrain. It was established by Royal Decree in 2006 and is wholly owned by the Government. Mumtalakat actively sought investment opportunities locally, regionally and internationally.
In October 2023, according to the Sovereign Wealth Fund Institute, the fund has nearly $18.3 billion in assets under management.
Mumtalakat invests in assets unrelated to either oil or gas across different sectors including education, aviation, healthcare, consumer and financial services, industrial manufacturing, real estate, tourism and logistics. From its inception in 2006, Mumtalakat initially pursued investments primarily in Bahrain, with just 3% apportioned abroad; in 2019, that figure rose to 30%, comprising investments in Europe, the United States, the Middle East and North Africa consisting of both minority and majority stakes in its portfolio companies. Mumtalakat Holding Company B.S.C. is based in the Arcapita Building, Bahrain Bay, Bahrain.
Investments
Since 2024, Mumtalakat owns 100% of McLaren Group.
Mumtalakat is also a shareholder in:
Aluminium Bahrain
Bahrain Real Estate Investment Company
Bahrain Telecommunications Company (36.7%)
Envirogen Group (British group specialized in industrial water treatment solutions)
FAI Aviation Group (German private jet rental company)
Gulf Cryo (first Kuwaiti gas manufacturer in industrial gases such as oxygen and nitrogen to the petroleum industry)
Gulf Hotel Group (Bahraini hotels chain)
National Bank of Bahrain
Premo Group (German group specialized in the development, manufacture and sale of electronic components)
References
External links
Media related to Mumtalakat Holding Company at Wikimedia Commons
Official website
Kata Kunci Pencarian:
- Mumtalakat Holding Company
- McLaren Group
- McLaren Automotive
- Ron Dennis
- Batelco
- Artificial island
- National Bank of Bahrain
- List of countries by sovereign wealth funds
- Sportswashing
- Investcorp
