Bahrain sovereign fund Mumtalakat says 2014 net profit up 10.8pc

27 May, 2015

DUBAI: Bahrain sovereign fund Mumtalakat posted a 10.8 percent increase in net profit in 2014, it said on Wednesday.

The fund, which holds stakes in Bahraini companies including Aluminium Bahrain, Gulf Air and Batelco, made 91.6 million bahraini dinars ($243 million) in 2014 versus 82.7 million dinars in the previous year.

Copyright Reuters, 2015

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