Manama : Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, announced another record year reflecting the strong performance of its portfolio companies and the successful implementation of the Group’s strategy.
The results showed a record consolidated net profit attributable to the shareholder of BHD 592.7 million for the year 2025, compared to BHD 316.5 million for 2024.
Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and Chairman of Mumtalakat, said that the group’s strong performance in 2025 reflects Mumtalakat’s role in supporting the Kingdom’s comprehensive development under the vision of His Majesty King Hamad bin Isa Al Khalifa and the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.
The Finance Minister noted that the group continues to focus on achieving sustainable financial returns, supporting Bahrain’s economic development priorities, and building on the positive results achieved through investment policies and ambitious strategic plans in support of further achievements and future aspirations.
Shaikh Salman bin Khalifa added that the performance also reflects the effectiveness of Mumtalakat’s strategic direction and its role in enhancing the value of assets within its portfolio.
The significant increase in the Group’s consolidated net profit was driven by higher revenues of BHD 2.5 billion in 2025, compared to BHD 2.2 billion in 2024, alongside increased fair value gains on investments recorded during the year related to McLaren Racing.
Aluminium Bahrain (Alba) reported a net profit of BHD 218.7 million in 2025, compared to BHD 184.5 million the previous year, driven by higher average LME aluminium prices during the year, alongside an all-time production record of 1.62 million metric tonnes.
The Group’s principal associates, the National Bank of Bahrain (NBB) and Bahrain Telecommunications Company (Beyon), also continued to deliver strong results. The Group’s share of profits from NBB in 2025 amounted to BHD 36.4 million (2024: BHD 34.7 million), while its share of profits from Beyon amounted to BHD 24.8 million (2024: BHD 25.3 million).
Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat, said that 2025 marked a significant milestone in the implementation of Mumtalakat’s long-term strategy, reflected in the group’s strong financial performance and the tangible progress achieved across multiple areas.
The CEO of Mumtalakat noted that the results underscore the effectiveness of Mumtalakat’s approach to developing its portfolio assets and reaffirm its commitment to creating value through active portfolio management and enhancing governance frameworks in line with Bahrain’s sustainability and economic objectives.
During the year, Mumtalakat achieved considerable operational progress in implementing its long-term strategy, with notable highlights including the successful listing of Silah Gulf on the Bahrain Bourse, the official launch of Amana Healthcare Bahrain in partnership with M42, and the announcement of Bahrain Food Holding Company’s (Ghitha) Food Park project in partnership with Edamah.
The Group’s portfolio companies delivered landmark milestones during the year, including Alba’s record production and its recognition as the first smelter globally to achieve a 5 Star safety rating from the British Safety Council; the launch by Beyon of a sovereign cloud region in Bahrain in partnership with Oracle; and the opening of Hawar Resort by Mantis on Hawar Island.
McLaren Racing further crowned the year with a historic Formula 1 double, securing both the Constructors’ and Drivers’ Championships for the first time since 1998.
The results reinforce Mumtalakat’s role as a long term key contributor to Bahrain’s economy, supported by a diversified portfolio that continues to deliver sustainable financial returns while generating meaningful local impact in line with the Kingdom’s economic priorities
