Thursday 18 December 2014
 
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Mumtalakat Holding

Bahrain Mumtalakat revenue surges 8.4pc

Bahrain Mumtalakat Holding Company posted an increase in revenue of 8.4 per cent and gross profit of 5.5 per cent last year compared to 2010, which it credited to financial restructuring at associate firm Gulf Air and strong performance by Al

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ME banker top contender for Mumtalakat job

Former top regional banker at Deutsche Bank in the Middle East, Salman Al Khalifa, is the prime contender to run $9 billion Mumtalakat Holding, two sources said. He resigned in November as Deutsche’s UAE country chief and head of global ma

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Gulf Aviation Academy wins training award

Bahrain-based Gulf Aviation Academy (GAA) has won the Training and Education Provider of the Year Award at the Aviation Business Awards 2011 ceremony in Dubai. Organised by magazine publisher ITP Business, the annual Aviation Business Awar

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Gulf Aviation Academy wins training award

Bahrain-based Gulf Aviation Academy (GAA) has won the Training and Education Provider of the Year Award at the Aviation Business Awards 2011 ceremony in Dubai. Organised by magazine publisher ITP Business, the annual Aviation Business Awar

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Bahrain Airport Company gets new chief

Mumtalakat Holding Company has named Khalid Al-Rumaihi as the new chairman of Bahrain Airport Company (BAC). He replaces Kamal Ahmed who has been appointed the new Minister for Cabinet Affairs. Al Rumaihi is at present the m

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Mumtalakat welcomes launch of new centre

Bahrain Mumtalakat Holding Company has welcomed the launch of the Gulf Technics' Components Centre, which offers airline maintenance support including warehousing, supply of components and airplane spare parts. The launch follows the c

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Mumtalakat portfolio operations praised

The resilience of Bahrain Mumtalakat Holding Company's portfolio businesses was praised by chief executive Talal Alzain. All the businesses were operating at full capability, he said. Alzain also recognised the extraordinary ac

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Fitch assigns stable rating to Mumtalakat

Fitch Ratings has assigned the Bahrain-based diversified investment holding company, Mumtalakat Holding, a long-term foreign currency Issuer Default Rating (IDR) of 'A' with a stable outlook. Fitch has also assigned Mumtalakat seni

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