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Mumtalakat not to join Gulf spending spreeMumtalakat has no plans to sell stakes in domestic companies and will be focusing on its existing portfolio and could even increase its investments, said its chief executive Mahmood al-Kooheji. More… |
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Mumtalakat in deal with Japanese firmsThe Bahrain Mumtalakat Holding Company has signed a MoU with three entities in Japan - Kinoshita Pearl, First Stem Cell Japan and Japan International Co-operation Centre - in a bid to promote and revitalise Bahrain's pearl industry. More… |
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Mumtalakat in deal on pharmaceutical plantBahrain Mumtalakat Holding Company, the investment arm of Bahrain, has signed an agreement with Japanese firm SBI Pharmaceuticals (SBI), towards setting up of a pharmaceutical production facility in the kingdom. To start with, the More… |
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Bahrain, Japan sign major trade accordsBahrain and Japan have announced the signing of a number of agreements designed to promote economic co-operation and joint investment between the two countries. Thirteen memorandums of understanding (MoUs) were signed between mini More… |
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Mumtalakat plans $150m Bahrain investmentBahrain sovereign wealth fund Mumtalakat plans a multi-million pound investment in local projects, joining efforts to bolster the local economy. Chief executive Mahmood Al-Kooheji said the fund More… |
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Bahrain International Circuit gets new boardBahrain Mumtalakat Holding Company has appointed a new board of directors at the Bahrain International Circuit (BIC), a motorsport venue which hosts the annual Bahrain Grand Prix besides the drag racing events. Zayed Rashid Al Zay More… |
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Mumtalakat boost as Fitch affirms ratingsFitch Ratings has affirmed Bahrain Mumtalakat Holding Company's Long-Term Issuer Default Rating (IDR) and senior unsecured rating at BBB, said a report. Fitch has also affirmed Mumtalakat's Short-Term IDR at F3. The outloo More… |
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Bahrain to host key investor forumA number of entrepreneurs and potential investors will come together at the second Angel Investors Forum Bahrain being organised by Tenmou, the Kingdom's first business angel company, from November 21 to 22. The forum, being o More… |
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Mumtalakat prices 5-yr $97.7m sukukBahraini sovereign wealth fund Mumtalakat priced a 300 million ringgit ($97.7 million) five-year sukuk on September 7 via Standard Chartered and CIMB Islamic. The murabaha-structured deal is the first by the AA2 (Ram) rated borrow More… |
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Mumtalakat backs educational programmeBahrain Mumtalakat Holding Company, the investment arm of the kingdom, has announced its support of a new educational programme organised by the French Embassy and the Education Ministry. The initiative will see 14 Bahraini students, accom More… |
