Bahrain Mumtalakat Holding Swings to Profit in FY 2021 After COVID Hangover Year
Posted on 06/22/2022
Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, announced its consolidated financial results for the year ended December 31, 2021, recording the highest net profit since inception. Mumtalakat’s standalone financial results for the year 2021 recorded a profit of BD 45.6 million compared to a loss of BD 550.7 million…