Mumtalakat Holding Company

AAA

DEFINITION of 'Mumtalakat Holding Company'

A government-owned investment organization that manages the sovereign wealth fund for the Kingdom of Bahrain. The the Mumtalakat Holding Company fund's deposits come primarily from surplus revenues from the development of oil and gas reserves in Bahrain.

INVESTOPEDIA EXPLAINS 'Mumtalakat Holding Company'

The Mumtalakat Holding Company is managed by a nine-member board of directors composed of a mix of public officials and private sector experts. The investment portfolio consists of investments firms not related to oil and gas. The fund's holdings are concentrated on local and regional firms that contribute significantly to the economy of Bahrain. The fund is diversified across a variety of business sectors and holds majority stakes in several firms.



RELATED TERMS
  1. Holding Company

    A parent corporation that owns enough voting stock in another ...
  2. Mubadala Development Company

    A sovereign wealth fund established in 2002 as a public joint ...
  3. Sovereign Credit Rating

    The credit rating of a country or sovereign entity. Sovereign ...
  4. Central Bank

    The entity responsible for overseeing the monetary system for ...
  5. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
  6. Reserve Currency

    A foreign currency held by central banks and other major financial ...
Related Articles
  1. Sovereign Wealth Funds - Friend Or Foe?
    Investing Basics

    Sovereign Wealth Funds - Friend Or Foe?

  2. Institutional Investors And Fundamentals: ...
    Fundamental Analysis

    Institutional Investors And Fundamentals: ...

  3. An Introduction To Sovereign Wealth ...
    Mutual Funds & ETFs

    An Introduction To Sovereign Wealth ...

  4. Keeping An Eye On The Activities Of ...
    Options & Futures

    Keeping An Eye On The Activities Of ...

comments powered by Disqus
Hot Definitions
  1. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  4. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  5. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center