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imported 2024-03-17 17:43:07

Mumtalakat – Bahrain Investments for Future Generations

The Sovereign Wealth Fund (SWF) of the Kingdom of Bahrain is one of the youngest government-related Bahrain investments vehicles in the Gulf region. Its Arabic name, Mumtalakat, literally means ‘assets’. Mumtalakat is a government-controlled investments fund which put money into firms worldwide in order to maximize the funds’ rate of return for future of  Bahrain.
 

Bahrain Industry is Getting Green

The global fever for alternative energies has also hit the Gulf region and Bahrain industry. The iconic Bahrain World Trade Centre (BWTC) became the symbol for a carbon-rich region being in need to diversifying its energy sources and to make Bahrain industry green.
 
 

Cultural Bahrain – A Soft Introduction to Arabia

Business-friendly Bahrain is the centre of the Gulf and not the centre of attention, as Bahrain claims in its newly launched ad campaign. Nevertheless, the “Island of 1,000 smiles” also has its cultural flair with its capital city Manama hosting numerous mosques, museums, galleries, and monuments. Bahrain has places to fulfill every desire for fans of culture, arts, music, and tales of One Thousand and One nights.

BAPCO Bahrain

BAPCO Bahrain, CEO, Abdulkarim Al Sayed

BAPCO Bahrain sells on the behalf of the Bahrain Government. The other source of income for the government is from the BAPCO Bahrain refinery. The money BAPCO Bahrain makes as a result of processing crude oil is a source of income for the government. Between what BAPCO Bahrain pays and what BAPCO Bahrain gets from the sale of products, the bigger the margin is the better it is for Bahrain. 

Bahrain Port Khalifa Bin Salman Port in Bahrain

Bahrain Ports – General Organisation of Sea Ports in Bahrain (GOP), Director General, Hassan Ali Al Majed

Khalifa Bin Salman Port will be built on 150 hectare and this will double Bahrain Ports capacity from 1.1 to 2.5 million TUs. Bahrain Ports are also planning for stage three where Bahrain Ports have reserved land east of Khalifa Bin Salman Port and it is almost the same size and this will also double the through port of Khalifa Bin Salman Port by almost 5 million containers. This is a plan for the next 20-30 years.

UAE Facts & Figures

The Trucial States of the Persian Gulf coast granted the UK control of their defense and foreign affairs in 19th century treaties. In 1971, six of these states – Abu Zaby, ‘Ajman, Al Fujayrah, Ash Shariqah, Dubayy, and Umm al Qaywayn – merged to form the United Arab Emirates (UAE). They were joined in 1972 by Ra’s al Khaymah. The UAE’s per capita GDP is on par with those of leading West European nations. Its generosity with oil revenues and its moderate foreign policy stance have allowed the UAE to play a vital role in the affairs of the region.

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