#Mumtalakat

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Abu Dhabi’s CYVN Holdings to buy McLaren’s automotive business, stake in racing business

CYVN Holdings and Mumtalakat are committed to optimising McLaren’s portfolio to ensure sustainable long-term financial returns, positioning the company for continued success

Mumtalakat, M42 to launch Amana Healthcare in Bahrain

Located in Al Jasra, the facility will offer long-term care for patients with complex medical needs

Saudi Arabia’s PIF, Bahrain Mumtalakat to boost cooperation, investment

Saudi Arabia’s PIF, Bahrain Mumtalakat to boost cooperation, investment

The agreement aims to expand cooperation between the two parties and enable new and promising investment opportunities in Bahrain

INVESTMENT

Bahrain signs $1.3bn strategic investment deal with UK

The agreement aims to facilitate investment in sectors such as clean technology, business services and manufacturing

Mubadala Health and Mumtalakat explore potential JV

Mubadala Health, Mumtalakat consider JV to set up long-term care facility

The potential joint venture aims to to set up a long-term care and post-acute rehabilitation facility in Bahrain that will be operated by Amana Healthcare

Mclaren

McLaren raises $150m from shareholders with cash low

Shareholders include Bahrain’s sovereign wealth fund Mumtalakat, investment firm Ares Management Corporation and Saudi Arabia’s Public Investment Fund

BMW and Audi may have McLaren in their sights

BMW will hold talks with Bahrain’s Mumtalakat, which controls McLaren, at the beginning of next month

McLaren gets $760m from investors including Saudi wealth fund PIF

McLaren, controlled by Bahrain’s Mumtalakat, has been hit by the pandemic