Mumtalakat Holdings

Kingdom of Bahrain US$ 7.1 Billion
Established: 2006
Transparency Rating: 8
View Sovereign Fund Transaction Data
View Asset Allocation		 Origin: Non-Commodity
Firm Investment Style: Portfolio
Entity Structure: Corporate
Population Est.: 1.23 million – 2010
Wealth Per Capita Est.: $5,751
Summary
Established in June 2006 by Royal Decree as an independent holding company for the government of Bahrain’s strategic non-oil and gas related assets, Bahrain Mumtalakat Holding Company is the chief investment division of the government of Bahrain.

Background
Mumtalakat Holdings was created in a similar fashion compared to Temasek Holdings. Mumtalakat plans to diversify away from government-linked companies.

Strategy & Objectives
Currently, their investment portfolio is heavily weighted into the local Bahrain economy in a number of industries ranging from real estate to telecommunications.

The fund is primarily made up of state owned enterprises such as Gulf Air, Bahrain Real Estate Company (Edamah), and the General Poultry Company. They are in the process of diversifying their investment portfolio.

Governance
Portfolio companies must operate in compliance with the Bahrain Code of Corporate Governance. The main purpose of the Code is to define the relationship between the board of directors, the managers, and the shareholders of a company to ensure transparency, accountability, fairness and responsibility in firms of all sizes.

Transparency Rating: Origin: Non-commodity

Firm Investment Style:

Entity Structure: Corporate


Summary:

In Arabic, Mumtalakat means “assets”.

Governance:

Go Back: HOME