Established in June 2006 by Royal Decree, Mumtalakat inherited a portfolio of 29 commercial enterprises from the Ministry of Finance, consisting of the strategic non-oil and gas related assets of Bahrain that are significant contributors to the Bahraini economy and directly or indirectly support many other businesses in the country and in the region. Today, Mumtalakat holds minority and majority stakes in over 35 commercial enterprises, representing a portfolio value of approximately BD2.7 billion (U.S.$7.1 billion). Mumtalakat’s portfolio of companies spans a variety of sectors, including aluminium production, financial services, telecommunications, real estate, tourism, transportation, and food production. 

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