Bahrain to restructure board of wealth fund Mumtalakat: BNA

Bahrain’s Crown Prince Salman bin Hamad Al-Khalifa, the prime minister, has issued an order to restructure the board of sovereign wealth fund Mumtalakat Holding with Finance Minister Salman bin Khalifa Al-Khalifa as its chairman, state news agency BNA reported on Sunday.

Mumtalakat, which has a little more than $18 billion in assets under management, released its standalone annual results in June, showing that it had swung to profit in 2021 from a loss in 2020.

Its portfolio includes stakes in British racing team and supercar maker McLaren and Aluminum Bahrain, the world’s largest aluminum smelter outside of China.

مقالات ذات صلة

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *

زر الذهاب إلى الأعلى