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Mumtalakat
Bahrain Mumtalakat Holding Company (Mumtalakat) is the sovereign wealth fund of the Kingdom of Bahrain. It was established by Royal Decree in 2006 and is wholly owned by the Government. Mumtalakat actively sought investment opportunities locally, regionally and internationally. In 2022, according to the ''Sovereign Wealth Fund Institute'', the fund has nearly $18 billion in assets under management. 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. From its inception in 2006, Mumtalakat initially pursued investments primarily in Bahrain, with just 3% apportioned abroad; in 2019, that figure rose to 30%, comprising investments in Europe, the United States, the Middle East and North Africa consisting of both minority and majority stakes in its portfolio companies. Mumtalakat Holding Company B.S.C. is based in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khalid Bin Abdullah Al Khalifa
Khalid bin Abdullah Al Khalifa ( ar, خالد بن عبد الله آل خليفة, born in 1944, Muharraq) is a Bahraini royal, engineer and deputy prime minister of Bahrain. Family His full name is Sheikh Khalid bin Abdullah bin Khalid bin Ali bin Khalifa bin Salman bin Ahmed bin Mohammed bin Khalifa Al Khalifa. Born in 1944 in the northern city of Muharraq, he was named after his grandfather, Sheikh Khalid bin Ali Al Khalifa (1853-1925). Khalid bin Abdullah is the second of four sons of Sheikh Abdullah bin Khalid Al Khalifa and his wife Sheikha Hessa bint Muhammad bin Abdullah Al Khalifa, both now deceased. Sheikh Abdullah bin Khalid chaired the Supreme Council for Islamic Affairs from its establishment in 2005 until his death in 2018. He also held ministerial positions such as Deputy Prime Minister and Minister of Islamic Affairs (2002-2006). Sheikh Khalid bin Abdullah’s brothers include the following, ranked from eldest to youngest: * Muhammad bin Abdullah bin Khalid, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arcapita
Arcapita founded in 1997, is an asset management firm. Headquartered in Manama, Bahrain, Arcapita also operates from its offices in the United States, the United Kingdom, Saudi Arabia, and Singapore. The firm serves a group of investors in the Middle East region including investment firms, family offices, high net-worth individuals, and sovereign wealth funds. Arcapita completed over 100 investments in the United States, Europe, the Middle East, and Asia for a total transaction value exceeding $30 billion. The board of directors contain nine members, mainly from the Gulf Cooperation Council. Members are chairs, previous chairpersons, or current Chief Executive Officers of sovereign wealth funds, regional investment firms or global financial services firms. History Arcapita was founded in 1997. Around that time, Islamic banking started to gain popularity, but the industry lacked Sharia compliant investment opportunities. Arcapita's Sharia compliant model was created offering p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McLaren Group
The McLaren Group is a British holding company based in Woking, England, which is involved in Formula One and other motorsport and the manufacture of luxury cars. The group was founded by Ron Dennis shortly after his acquisition of the McLaren Formula One team in 1981, as the TAG McLaren Group due to a partnership with Mansour Ojjeh's TAG Group. The Formula One team had been established by New Zealander Bruce McLaren in 1963. McLaren Group was renamed McLaren Technology Group in 2015. In June 2017 it was announced that Dennis had sold his 25% shareholding in the company to the other shareholders, in addition to his shares in McLaren Automotive. The group then merged with McLaren Automotive to form a new company using the previous McLaren Group name. History Bruce McLaren started Bruce McLaren Motor Racing in 1963 and the team first entered Formula One in 1966. Teddy Mayer took over direction of the group following McLaren's death while testing a Can-am series car in 1970. Maye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluminium Bahrain
Aluminium Bahrain B.S.C. (Alba) is the first aluminium smelter in the Middle East which started its commercial operations in 1971. 84% of Alba's employees are Bahraini nationals and the company has introduced numerous capacity building initiatives to boost nationalisation of its workforce. History Alba’s inception marked the beginning of Bahrain’s strategy to diversify its economy and reduce its dependence on oil. Its early success established a blueprint for other non-oil industries to follow, including a thriving downstream aluminium industry. Alba was officially incorporated in 1968 and began operations in 1971 with an annual capacity of 120,000 metric tonnes per annum. After modernisation and expansion works the smelter's capacity rose to 450,000 tonnes in 1992. In March 2005, Alba commissioned a new reduction line, Line 5, which increased the company's capacity to over 860,000 tonnes of aluminium at that time. Today, thanks to its newly inaugurated Line 6, Alba's prod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahrain Bay
Bahrain Bay is a residential and commercial district located on the main island of Bahrain (26°15'01.1"N 50°34'45.8"E), (15 minutes) from Bahrain International Airport. Description Bahrain Bay is situated on coastal land adjacent to the original business and political area in the heart of Bahrain's capital city Manama. (Geographically, Bahrain as an island, sits in the center of the Persian Gulf and is connected by a bridged causeway to neighboring Saudi Arabia). shallow waters which form the bay. The project was designed by American firm Skidmore, Owings & Merrill, who also designed the Burj Khalifa, the world's tallest tower. The master plan was designed by then-SOM architect Michael Kirchmann, who explored the idea of concentric circles appearing as ripples from the central anchor structure. Bahrain Bay offers spacious, state-of-the-art high-rise office and residential units along with major five-star hotels which are set in their own exclusive domains within the complex. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Bank Of Bahrain
National Bank of Bahrain (NBB) was established in 1957 as the first indigenous bank in Bahrain. They are a nationwide network of 25 branches, 61 ATMs, and over 4,000 points of sale terminals in addition to their branches in Abu Dhabi and Riyadh. Major shareholders Bahrain Mumtalakat Holding Company (Bahrain Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an ...) 49%, The Pension Fund Commission (Bahrain) 6.24%. References 1957 establishments in Bahrain Banks of Bahrain Banks established in 1957 Companies listed on the Bahrain Bourse Companies based in Manama {{Asia-bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Bahrain
The economy of Bahrain is heavily dependent upon oil and gas. The Bahraini Dinar is the second-highest-valued currency unit in the world. Since the late 20th century, Bahrain has heavily invested in the banking and tourism sectors. The country's capital, Manama is home to many large financial structures. Bahrain's finance industry is very successful. In 2008, Bahrain was named the world's fastest growing financial center by the City of London's Global Financial Centres Index. Bahrain's banking and financial services sector, particularly Islamic banking, have benefited from the regional boom driven by demand for oil. Petroleum is Bahrain's most exported product, accounting for 60% of export receipts, 70% of government revenues, and 11% of GDP. Aluminium is the second most exported product, followed by finance and construction materials. According to the 2020 Index of Economic Freedom, Bahrain has the fourth freest economy in the Middle East and North Africa region and is the 40th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manama
Manama ( ar, المنامة ', Bahrani Arabic, Bahrani pronunciation: ) is the capital and largest city of Bahrain, with an approximate population of 200,000 people as of 2020. Long an important trading center in the Persian Gulf, Manama is home to a very diverse population. After periods of Portuguese Empire, Portuguese and Persian control and invasions from the ruling dynasties of House of Saud, Saudi Arabia and House of Al Said, Oman, Bahrain established itself as an sovereign state, independent nation in 1971 after a period of British hegemony. Although the current twin cities of Manama and Muharraq appear to have been founded simultaneously in the 1800s, Muharraq took prominence due to its defensive location and was thus the capital of Bahrain until 1923. Manama became the mercantile capital and was the gateway to the main Bahrain Island. In the 20th century, Bahrain's oil wealth helped spur fast growth and in the 1990s a concerted diversification (marketing strategy), d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahrain
Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island which makes up around 83 percent of the country's landmass. Bahrain is situated between Qatar and the northeastern coast of Saudi Arabia, to which it is connected by the King Fahd Causeway. According to the 2020 census, the country's population numbers 1,501,635, of which 712,362 are Bahraini nationals. Bahrain spans some , and is the third-smallest nation in Asia after the Maldives and Singapore. The capital and largest city is Manama. Bahrain is the site of the ancient Dilmun civilization.Oman: The Lost Land [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khalid Al Rumaihi
Khalid (variants include Khaled and Kalid; Arabic: خالد) is a popular Arabic male given name meaning "eternal, everlasting, immortal", and it also appears as a surname. Behind the Name; accessed February 2016 Notable persons Politics and military * (1913–1982), the fourth king of Saudi Arabia * |
Kingdom Of Bahrain
Bahrain ( ; ; ar, البحرين, al-Bahrayn, locally ), officially the Kingdom of Bahrain, ' is an island country in Western Asia. It is situated on the Persian Gulf, and comprises a small archipelago made up of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island which makes up around 83 percent of the country's landmass. Bahrain is situated between Qatar and the northeastern coast of Saudi Arabia, to which it is connected by the King Fahd Causeway. According to the 2020 census, the country's population numbers 1,501,635, of which 712,362 are Bahraini nationals. Bahrain spans some , and is the third-smallest nation in Asia after the Maldives and Singapore. The capital and largest city is Manama. Bahrain is the site of the ancient Dilmun civilization.Oman: The Lost Land . Sau ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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