Bahrain Mumtalakat Holding Company has allocated part of its profits to pay off debts which reached BD560 million ($1.4 billion) until December last year, it said in a statement.
In reply to MPs, the company said no funds have bee
Mumtalakat does not plan to sell off any assets this year and would pursue business projects as usual, its top official has said.
The sovereign wealth fund's chief executive Mahmood Al Kooheji said this during a keynote interv
Bahrain Mumtalakat Holding Company (Mumtalakat), the investment arm of Bahrain, has been ranked among the world's most transparent sovereign wealth funds.
Mumtalakat was rated 10 out of 10 in the 2015 Linaburg-Maduell Transpar
Bahraini sovereign fund Mumtalakat with estimated assets of $10.5 billion has been ranked 42nd globally, according to a report issued by Sovereign Wealth Fund (SWF) Institute.
It owns shares in 38 companies representing manufacturing, f
Bahraini sovereign fund Mumtalakat will not sell any assets or change its investment strategy in response to a likely oil price-driven shortfall in the state budget, it said on Thursday.
The fund holds stakes in Bahraini companies
Bahrain's sovereign wealth fund Mumtalakat has signed a $500 million credit facility with a total of six banks.
The participating banks are BNP Paribas, Deutsche Bank Luxembourg, Standard Chartered Bank's Dubai Internation
Bahraini sovereign fund Mumtalakat has signed a $500 million, five-year loan with a group of banks, sources aware of the matter said on Sunday, with the cash to be used for general business purposes and to refinance existing debt.
Bahrain's sovereign wealth fund Mumtalakat has appetite and funds available for investment, its top official has said.
Chief executive Mahmood Al Kooheji said he expects next year to be positive for the GCC region, Bahrain and
Bahrain's sovereign wealth fund Mumtalakat has agreed to sell some of its stake in McLaren to the Formula One team's overall head Ron Dennis, who is set to become the majority shareholder.
'No transaction has taken pla
Bahrain Mumtalakat Holding Company has successfully priced a $600 million seven-year sukuk with a four per cent profit rate.
Mumtalakat is rated BBB (stable) by both Fitch and Standard & Poor’s, said a report in the