Bahrain sovereign fund Mumtalakat says 2014 net profit up 10.8%

Fund holds stakes in Bahraini companies including Aluminium Bahrain, Gulf Air and Batelco
Bahrain sovereign fund Mumtalakat says 2014 net profit up 10.8%
By Reuters
Wed 27 May 2015 09:58 AM

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.

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