Native name | شركة ممتلكات البحرين القابضة ش.م.ب مقفلة |
---|---|
Company type | State-owned |
Industry | Sovereign Wealth Fund Holding company |
Founded | June 29, 2006 | in Bahrain
Founder | Hamad bin Isa Al Khalifa |
Headquarters | Manama, Bahrain |
Area served | Worldwide |
Key people | |
Services | Investment |
Owner | Kingdom of Bahrain |
Subsidiaries |
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Website | mumtalakat |
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]