Mumtalakat Holding Company

Mumtalakat Holding Company B.S.C.
Native name
شركة ممتلكات البحرين القابضة ش.م.ب مقفلة
Company typeState-owned
IndustrySovereign Wealth Fund Holding company
FoundedJune 29, 2006; 18 years ago (2006-06-29) in Bahrain
FounderHamad bin Isa Al Khalifa
HeadquartersManama,
Bahrain
Area served
Worldwide
Key people
ServicesInvestment
OwnerKingdom of Bahrain
Subsidiaries
Websitemumtalakat.bh
Footnotes / references
[1]

Bahrain Mumtalakat Holding Company B.S.C. (Mumtalakat) is the sovereign wealth fund of the Kingdom of Bahrain.[2] It was established by Royal Decree in 2006 and is wholly owned by the Government.[1] 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.[3]

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.[4] From its inception in 2006, Mumtalakat initially pursued investments primarily in Bahrain, with just 3% apportioned abroad; in 2019, that figure rose to 30%,[5] comprising investments in Europe, the United States, the Middle East and North Africa consisting of both minority and majority stakes in its portfolio companies.[2] Mumtalakat Holding Company B.S.C. is based in the Arcapita Building, Bahrain Bay, Bahrain.[2]

  1. ^ a b "2022 Consolidated Financial Statements" (PDF). Mumtalakat. 26 June 2023. Archived (PDF) from the original on 9 October 2023.
  2. ^ a b c "Home". mumtalakat.bh.
  3. ^ "Mumtalakat Holding (Mumtalakat) - Sovereign Wealth Fund, Bahrain". www.swfinstitute.org.
  4. ^ "Industries Archive". www.mumtalakat.bh.
  5. ^ "Sovereign wealth, sovereign whims: Gulf states are becoming more adventurous investors". The Economist (registration or subscription). June 15, 2019. p. 40 (full page). Retrieved 7 August 2019.