Financial Results
Sovereign wealth
Uncategorized
Bahrain sovereign fund Mumtalakat 2014 net profit up 10.8%
Bahrain sovereign fund Mumtalakat posted a 10.8 per cent increase in net profit in 2014, it said on Wednesday, as higher revenue outpaced a rise in impairments. The fund, which holds stakes in Bahraini companies including Aluminium Bahrain (Alba), Gulf Air and Batelco, made BD91.6 million ($243 million) in 2014…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf Business