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.
Radio Bahrain Company, a portfolio company of Mumtalakat, has appointed Ala Ghawas as its new Chief Executive Officer, effective February 5.
Singapore Gulf Bank (SGB), a fully licensed bank backed by Whampoa Group and Mumtalakat, has announced a GCC and Asian industry first bank-operated network that brings USD and stablecoins together in one regulated platform enabling near real-time settlement and simpler treasury workflows.
BENEFIT, a leading company in Bahrain's fintech sector, has joined hands with Safa, a voluntary carbon offsetting platform and a portfolio company of the kingdom's sovereign wealth fund Mumtalakat, in a move aimed at driving Bahrain’s sustainability and climate action initiatives.
The Saudi Bahraini Investment Company (SBIC), a PIF company, has signed an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, aimed at expanding opportunities of investment cooperation between the two parties.
Abu Dhabi group M42 has announced the opening of Amana Healthcare Bahrain, the first specialised long-term care and rehab hospital of its kind in the country, developed in strategic partnership with Bahrain Mumtalakat Holding Company (Mumtalakat).
Bahrain Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, and SandboxAQ, a global leader in artificial intelligence and quantum techniques, have announced a strategic partnership to catalyse a cutting-edge biotech ecosystem in the Kingdom.
Bahrain Mumtalakat, the sovereign wealth fund of the kingdom, has entered into a strategic partnership with SandboxAQ, a global leader in AI and quantum techniques, in a move that will see the two create over $1 billion in value for the kingdom through new biotech assets in the country.
