• HSBC

Mumtalakat's portfolio hits $10bn

  • Bahrain: Wednesday, September 24 - 2008 at 10:31

Bahrain's Mumtalakat Holding Company, which controls the government's non-oil and gas assets, said on Tuesday its total portfolio is worth $10bn. Created in June 2006, it now has 35 commercial enterprises in its portfolio. The company's investment strategy is to enter into partnerships with local and international institutions targeting opportunities for long-term, sustainable financial returns.

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