What does mumtalakat mean?
Definitions for mumtalakat
mum·ta·lakat
This dictionary definitions page includes all the possible meanings, example usage and translations of the word mumtalakat.
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Wikipedia
Mumtalakat
Bahrain Mumtalakat Holding Company (Mumtalakat) is the sovereign wealth fund of the Kingdom of Bahrain. It was established by Royal Decree in 2006 and is wholly owned by the Government. Mumtalakat actively sought investment opportunities locally, regionally and internationally. In 2022, according to the Sovereign Wealth Fund Institute, the fund has nearly $18 billion in assets under management.Mumtalakat invests in assets unrelated to either oil or gas across different sectors including education, aviation, healthcare, consumer and financial services, industrial manufacturing, real estate, tourism and logistics. From its inception in 2006, Mumtalakat initially pursued investments primarily in Bahrain, with just 3% apportioned abroad; in 2019, that figure rose to 30%, comprising investments in Europe, the United States, the Middle East and North Africa consisting of both minority and majority stakes in its portfolio companies. Mumtalakat Holding Company B.S.C. is based in the Arcapita Building, Bahrain Bay, Bahrain.
Numerology
Chaldean Numerology
The numerical value of mumtalakat in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of mumtalakat in Pythagorean Numerology is: 5
References
Translations for mumtalakat
From our Multilingual Translation Dictionary
- mumtalakatUrdu
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"mumtalakat." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/mumtalakat>.
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