Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has announced another record year reflecting the strong performance of its portfolio companies and the successful implementation of the group’s strategy.
Beyon, a leading telecommunication company and digital enabler, has announced the signing of a Public Private Partnership (PPP) commitment agreement with the Ministry of Communications in Kuwait and the Kuwait Authority for Partnership Projects (KAPP), formalising its selection as the Winning Investor for the Fixed Telecommunications Network Development Project in Kuwait.
Bahrain-based international technology group Beyon has recorded solid revenue growth for the first quarter hitting BD119 million ($313 million), up from last year's figure of BD117 million ($307 million), primarily driven by growth in digital services, while its net profit fell 15% to BD15.3 million ($40.6 million).
Beyon reported a net profit attributable to equity holders of BD19.3 million ($51.2 million) for Q4 2025, a 17% increase from BD16.6 million reported for same quarter of 2024. For the full year of 2025, net profit was BD71.3 million ($189.1 million), a 2% decrease compared to BD72.8 million in 2024,
Beyon, the Bahrain headquartered-telecom leader, has announced its selection by the Kuwait Authority for Partnership Projects (KAPP) as the winning investor for the Fixed Telecommunications Network Development Project in Kuwait.
Leading telecom company Beyon continues to hold a strong market position within the Kingdom of Bahrain, maintaining more than 70% of the fixed broadband market and around 40% of the mobile market, said a recent study.
Beyon announced on the sidelines of Gateway Gulf 2025 that the comprehensive Master Plan for Digital City Bahrain, which will be located at Beyon’s headquarters in Hamala, has been submitted to the Urban Planning and Development Authority (UPDA).
Beyon Solutions, part of the Beyon Group, and Bahrain FinTech Bay have signed an agreement to collaborate on advancing cloud adoption and drive the next phase of digital transformation across the kingdom’s financial services sector.
Batelco by Beyon has announced the integration of Bahrain’s national eKey 2.0 system into the Batelco App, enabling citizens and residents to subscribe to new mobile lines through a faster, more convenient, and highly secure checkout experience.
Bahrain's leading telecom groups Beyon and Batelco by Beyon have won two prestigious accolades at the MEA Technology Achievement Awards 2025, held as part of the ongoing Gitex Global 2025 expo at the Dubai World Trade Centre.
