Mumtalakat Holding Company

Type of Investor:
Sovereign Wealth Fund
AuM Assets Held US$:
17600000000
City:
Manama
Country:
Bahrain
Region:
Middle East
+973 17 5611 11
About

Mumtalakat is a long term investor with an assertive ambition to pursue growth and development with the leadership teams of the assets we own. We envision a bright and profitable future with ideas and imagination that bring sustained superior performance.

Established in 2006, Mumtalakat is the Sovereign Wealth Fund of Bahrain. It is important that we work closely with our partners incumbent management teams, sharing our philosophy of transparency, accountability and responsibility. We seek to generate sustainable financial returns by actively managing our assets.

Diversification
Our diversified investment strategy encompasses a sector agnostic approach, permitting us to target high potential businesses, setting consistently high financial target requirements which will contribute to the benefit of Bahrain.

Performance Culture
To deliver value creation over time requires a confluence of several factors. We foster a high performance culture by establishing trusted partnerships through constant communication and regular review schedules with our respective portfolio management teams.

This process is the catalyst for the development of mutual trust, complementing the two way exchange of ideas and imagination.

Active Talent
We lay great emphasis on attracting and retaining the top investment talent to manage our diverse portfolio, including specific sectoral prowess, adding value to our partners as well as to Mumtalakat.

Our in house talent includes top level professional practitioners in every support area of the organisation administration, financial management, corporate governance, IT systems, legal expertise and human resources.

OUR HISTORY.
The creation of Mumtalakat and a Royal Decree establishing its mandate was issued on 29th June 2006.

Our journey began in 2005 at an economic reform workshop held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince of Bahrain, focused on enhancing the private sector role in future economic growth in the Kingdom. There, a vision was launched to form the basis for the next phase of the national economic reform initiative.

Within this overarching vision of economic reform, the Bahrain Economic Development Board (EDB) worked hand in hand with the Ministry of Finance and National Economy to set up a holding company focused on developing a balanced portfolio to achieve sustainable growth. This resulted in the creation of Mumtalakat and a Royal Decree establishing its mandate was issued on 29th June 2006. Takes care and imagination.

Set up to align and implement the execution of the government initiatives, to pursue value enhancing opportunities, improve governance and help achieve operational excellence, the Arabic name Mumtalakat (or assets) was chosen to reflect the importance of the new holding company mandate.Upon our establishment, 29 commercial assets representing major local corporations were transferred to us from the Ministry of Finance and National Economy, along with a one time founding capital of BD5 million. Since then, our portfolio has grown to more than 50 corporate investments and expanded well beyond Bahrain borders.

Asset Allocation/Holding Type
  • Energy
  • IT & Technology
  • Manufacturing
Known Investment Strategies

Strategic Investments:
Long term holdings in key sectors that align with Bahrain economic goals.

Local Impact Investments:
Investments aimed at contributing to the local economy and community development.

Government Holdings:
Assets owned on behalf of the Government of Bahrain.

Key Executives & Board of Directors
Omar Syed Chief Investment Officer
Email: osyed@mumtalakat.bh
Mobile: +971 50 149 6236
Country: Bahrain
Region: Middle East
LinkedIn
Husain Alqaseer Senior Director - Strategic Investments
Email: halqaseer@mumtalakat.bh
Direct: +973 3968 2264
Country: Bahrain
Region: Middle East
LinkedIn
HQ Address
Arcapita Building 4th Floor, Building No. 551 Road 4612, Sea Front 346 Bahrain Bay Kingdom of Bahrain
Year Founded
2006
Countries of Interest
Bahrain
Geographies of Interest
Middle East
Known Holdings

Aleastur Group
Aluminium Bahrain B.S.C.
Bahrain Mumtalakat Holding Company (Mumtalakat)
Bahrain Telecommunications Company (Beyon)
Envirogen Group
FAI Aviation Group
Gulf Cryo
Gulf Hotels Group
Mclaren Group
National Bank of Bahrain.
PREMO Group.
Beyon Al Dana Amphitheatre
Arcapita
Bahrain Food Holding Company.
ELM Education Fund L.P.

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