Mumtalakat Holding Witnesses Asset Grow for 2017

Posted on 08/01/2018


Bahrain’s Mumtalakat Holding Company released its 2017 consolidated financial statements. Consolidated assets grew to 5.8 billion BD (US$ 15.4 billion), a large increase of 46.4% compared to 2016 financial figures. The rise in assets was attributable to gains from Mumtalakat portfolio companies including the consolidation of McLaren Group Ltd. and Alba’s Line 6 project. Mumtalakat’s […]