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Mumtalakat Congratulates Employees Across its Portfolio on International Labour Day

Date 02 May 24

Bahrain Mumtalakat Holding Company (“Mumtalakat”), the sovereign wealth fund of the Kingdom of Bahrain, expressed its appreciation to employees across its portfolio companies on the occasion of International Labour Day. Mumtalakat commended their ongoing efforts aimed at achieving development and prosperity by optimising portfolio performance and enhancing efficiency to maximise sustainable, long-term returns.

Moreover, Mumtalakat reaffirmed its commitment to realise the vision and goals of the Kingdom of Bahrain in line with the Kingdom's comprehensive development strategy led by His Majesty King Hamad bin Isa Al Khalifa, and the effective government policies and plans spearheaded by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

Commenting on the occasion, His Excellency Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat said: “In celebration of International Labour Day, I would like to extend my sincere appreciation and gratitude to the employees of Mumtalakat and its wider portfolio companies operating in diverse economic sectors. Their consistent efforts as Team Bahrain contribute to the advancement and prosperity of the national economy and are instrumental in the progression towards greater accomplishments and growth for the Kingdom of Bahrain.”

Marwa Al Saad, the Managing Director of Human Capital at Mumtalakat, emphasised the significant role played by the employees of Mumtalakat and its portfolio companies in the nation's development and growth and their contributions that are invaluable in building the economy. Al Saad also praised the creativity, excellence, and efficiency of Bahraini workforce across different industries, highlighting the importance of nurturing young leaders and fostering a productive work environment that encourages high performance and excellence.