Mumtalakat_Holding_Company
Mumtalakat Holding Company
Sovereign wealth fund of the Kingdom of Bahrain
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]