Board Approves Mumtalakat to Distribute Profits to National Budget

Posted on 10/04/2017


Mumtalakat Holding Company’s board of directors on September 28, 2017, approved a plan to distribute profits of 20 million BHD. This is being conducted through article #39 of the wealth fund’s article of association, which states that a percentage of the company’s shall be transferred to the National Budget. These profits are to be distributed […]