Bahrain Mumtalakat Holding Company (Mumtalakat) is the

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 ...

of the

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 ad ...

. 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 the

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 Mi ...

Building,

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 origi ...

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 ...

Investments

Since 2018 Mumtalakat owns 56% of

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 ...

. Mumtalakat is also a shareholder in: *

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 initia ...

*Bahrain Real Estate Investment Company * Bahrain Telecommunications Company (36,7%) *Envirogen Group (British group specialized in industrial water treatment solutions) *FAI Aviation Group (German private jet rental company) *Gulf Cryo (first Kuwaiti gas manufacturer in industrial gases such as oxygen and nitrogen to the petroleum industry) *Gulf Hotel Group (Bahraini hotels chain) *

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 ...

*Premo Group (German group specialized in the development, manufacture and sale of electronic components)

References

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External links

Official website
Politics of Bahrain Economy of Bahrain Investment promotion agencies Companies of Bahrain Sovereign wealth funds