Company Insights Mumtalakat Banking & Finance Mumtalakat News Construction Investcorp buys 50% of Corsair’s $5bn infrastructure business Bahrain-based alternative investment firm Investcorp has acquired a 50 percent stake in the $4.8 billion infrastructure business of New York-based investment firm Corsair Capital. The transaction was completed by establishing Investcorp Corsair Infrastructure Partners (Investcorp Corsair), a new entity jointly owned by the two companies, the Manama-headquartered company said in a statement. The new entity […] December 12, 2023 Sustainability Bahrain anchors Investcorp’s $750m climate fund Bahrain’s sovereign wealth fund, Mumtalakat Holding Company (Mumtalakat), will anchor Manama-based alternative asset manager Investcorp’s $750 million climate fund. The launch comes as Cop28 kicks off in the UAE, with negotiators striking the first deal of the summit – agreeing to set up a fund to help vulnerable countries recover from damage caused by climate […] December 1, 2023 Economy Bahrain to invest $1.3bn into UK Bahrain’s private sector plans investment of more than £1 billion ($1.26 billion) into the UK, with the aim of driving greater cooperation in clean technology, business services and manufacturing. Investments will be through the kingdom’s sovereign wealth fund Mumtalakat, along with Investcorp, GFH Financial Group and Osool Asset Management. The Strategic Investment and Collaboration Partnership […] July 4, 2023 Banking & Finance Mena wealth funds sharpen up on sustainability Mena sovereign wealth funds’ efforts to improve their governance and sustainability practices to meet global standards appear to be bearing fruit, as they recorded the biggest improvement of all regions in a new analysis. Data platform Global SWF assessed the performance of 100 sovereign wealth funds and public pension funds on their governance, sustainability and […] July 3, 2023 Banking & Finance PIF sells McLaren stake to Bahraini fund for $510m Saudi Arabia’s Public Investment Fund (PIF) will sell preference shares and warrants worth £400 million ($510.48 million) in British supercar maker McLaren Group to Bahrain’s investment fund Mumtalakat. The deal is likely to be announced on Thursday, Sky News reported. The private transaction will not result in new money being injected into McLaren. The stake sale comes almost two […] June 22, 2023 EXCLUSIVE Lifestyle McLaren gears up for Middle East supercar spending spree McLaren is aiming to double supercar sales in the Middle East and Africa this year, largely driven by demand in the UAE and the arrival of its Artura hybrid model. The carmaker, which is based in Woking in the UK and has Bahrain’s sovereign wealth fund Mumtalakat as its largest shareholder, expects Dubai to be […] May 23, 2023 Banking & Finance UK investor sets up in Bahrain to tap into Gulf fintech boom Hambro Perks is partnering with Bahrain Development Bank's Al Waha fund to set up a fintech venture studio in Manama September 13, 2022 Manufacturing Alba confirms it is ‘exploring’ listing in Saudi Arabia Bahrain’s sovereign wealth fund Mumtalakat is considering a secondary listing of Aluminium Bahrain BSC (Alba) on Saudi Arabia’s Tadawul stock market. Alba said in a statement to the Bahrain Stock Exchange yesterday it is “exploring various opportunities, one of which is a potential secondary listing on Saudi Arabia’s Stock Exchange which is currently under evaluation […] June 23, 2022 Posts navigation Previous 1 2 3
Construction Investcorp buys 50% of Corsair’s $5bn infrastructure business Bahrain-based alternative investment firm Investcorp has acquired a 50 percent stake in the $4.8 billion infrastructure business of New York-based investment firm Corsair Capital. The transaction was completed by establishing Investcorp Corsair Infrastructure Partners (Investcorp Corsair), a new entity jointly owned by the two companies, the Manama-headquartered company said in a statement. The new entity […] December 12, 2023
Sustainability Bahrain anchors Investcorp’s $750m climate fund Bahrain’s sovereign wealth fund, Mumtalakat Holding Company (Mumtalakat), will anchor Manama-based alternative asset manager Investcorp’s $750 million climate fund. The launch comes as Cop28 kicks off in the UAE, with negotiators striking the first deal of the summit – agreeing to set up a fund to help vulnerable countries recover from damage caused by climate […] December 1, 2023
Economy Bahrain to invest $1.3bn into UK Bahrain’s private sector plans investment of more than £1 billion ($1.26 billion) into the UK, with the aim of driving greater cooperation in clean technology, business services and manufacturing. Investments will be through the kingdom’s sovereign wealth fund Mumtalakat, along with Investcorp, GFH Financial Group and Osool Asset Management. The Strategic Investment and Collaboration Partnership […] July 4, 2023
Banking & Finance Mena wealth funds sharpen up on sustainability Mena sovereign wealth funds’ efforts to improve their governance and sustainability practices to meet global standards appear to be bearing fruit, as they recorded the biggest improvement of all regions in a new analysis. Data platform Global SWF assessed the performance of 100 sovereign wealth funds and public pension funds on their governance, sustainability and […] July 3, 2023
Banking & Finance PIF sells McLaren stake to Bahraini fund for $510m Saudi Arabia’s Public Investment Fund (PIF) will sell preference shares and warrants worth £400 million ($510.48 million) in British supercar maker McLaren Group to Bahrain’s investment fund Mumtalakat. The deal is likely to be announced on Thursday, Sky News reported. The private transaction will not result in new money being injected into McLaren. The stake sale comes almost two […] June 22, 2023
EXCLUSIVE Lifestyle McLaren gears up for Middle East supercar spending spree McLaren is aiming to double supercar sales in the Middle East and Africa this year, largely driven by demand in the UAE and the arrival of its Artura hybrid model. The carmaker, which is based in Woking in the UK and has Bahrain’s sovereign wealth fund Mumtalakat as its largest shareholder, expects Dubai to be […] May 23, 2023
Banking & Finance UK investor sets up in Bahrain to tap into Gulf fintech boom Hambro Perks is partnering with Bahrain Development Bank's Al Waha fund to set up a fintech venture studio in Manama September 13, 2022
Manufacturing Alba confirms it is ‘exploring’ listing in Saudi Arabia Bahrain’s sovereign wealth fund Mumtalakat is considering a secondary listing of Aluminium Bahrain BSC (Alba) on Saudi Arabia’s Tadawul stock market. Alba said in a statement to the Bahrain Stock Exchange yesterday it is “exploring various opportunities, one of which is a potential secondary listing on Saudi Arabia’s Stock Exchange which is currently under evaluation […] June 23, 2022
