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Mumtalakat and Its Portfolio Companies Contribute More Than Bd 9 Million To Support ‘Feena Khair’ Campaign To Mitigate the Spread of the Coronavirus (COVID-19)

Date 19 Apr 20

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, announced the contribution of BD 9,910,000 for the “Feena Khair” campaign in support of the national efforts to combat Coronavirus (Covid-19) through its wholly owned companies, subsidiaries and associates.

Commenting on the occasion, HE Shaikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister, Chairman of Mumtalakat, stated that as part of Mumtalakat’s responsibility towards the community, it supports all national efforts to combat the Coronavirus and prevent its outbreak in line with the directives of His Majesty King Hamad bin Isa Al Khalifa, and the relentless endeavours undertaken by the government headed by His Royal Highness the Prime Minister Prince Khalifa bin Salman Al Khalifa, and the tireless follow-up and constant personal attention that His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister.

HE Shaikh Khalid bin Abdulla Al Khalifa, added, ‘Mumtalakat’s support to “Feena Khair” campaign that is considered one of the most successful initiatives launched by HH Shaikh Nasser bin Hamad Al Khalifa, Representative of HM the King for Humanitarian and Youth Affairs, National Security Advisor and Chairman of the Board of Trustees of the Royal Humanitarian Foundation, is a confirmation of Mumtalakat’s commitment to the principle of social responsibility and readiness to contribute effectively to the Kingdom of Bahrain efforts towards achieving sustainable development under the leadership and wise guidance of His Majesty the King.’

His Excellency affirmed that Mumtalakat and all its portfolio companies are proud to be part of Team Bahrain, that deserves from us – as individuals and institutions – our full support, which in turn strengthens the determination of Bahrainis who stand in the front lines ensuring the safety and stability of Bahrain where all its citizens and residents feel secure and confident in the ability of Team Bahrain led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister transforming these challenges into opportunities. Praying to God the Almighty, to perpetuate the blessing of safety, health and well-being for Bahrain, its leadership and citizens and to protect everyone from any harm.

It is noteworthy that Mumtalakat’s subsidiaries and associates that announced their support to the “Feena Khair” campaign include: Aluminium Bahrain (Alba), which contributed BD 3.5 million, Batelco with BD 3.5 million, the National Bank of Bahrain (NBB) with BD 2.5 million, Gulf Hotels Group in the amount of BD 200 thousand, Bahrain Airport Services Company in the amount of BD 100 thousand, Bahrain Real Estate Investment Company “Edamah” in the amount of BD 100 thousand, and the Bahrain Institute for Pearls and Gemstones “Danat” at an amount of BD 10 thousand.