Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the kingdom, has recorded a net profit of BD45.6 million ($120 million) for FY 2021, its highest since inception, compared to a net loss of BD550.7 million ($1.45 billion) the previous year.
A regional heavyweight, Mumtalakat holds stakes in over 50 commercial enterprises in Bahrain with a portfolio spanning across a variety of sectors including…
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