Construction & Real Estate

Retal expands into Bahrain with 700-unit Bilaj Al Jazayer project

Saudi-listed Retal Urban Development Company has signed a partnership with Edamah, the real estate arm of Bahrain's sovereign wealth fund Mumtalakat to enter the kingdom’s real estate market through a mixed-use development at Bilaj Al Jazayer featuring more than 700 residential and retail units. ...

Construction & Real Estate

BENEFIT, Safa join hands to drive Bahrain’s key sustainability initiatives

BENEFIT, a leading company in Bahrain's fintech sector, has joined hands with Safa, a voluntary carbon offsetting platform and a portfolio company of the kingdom's sovereign wealth fund Mumtalakat, in a move aimed at driving Bahrain’s sustainability and climate action initiatives. ...

Construction & Real Estate

Mumtalakat, SandboxAQ in deal to build $1bn biotech hub in Bahrain

Bahrain Mumtalakat, the sovereign wealth fund of the kingdom, has entered into a strategic partnership with SandboxAQ, a global leader in AI and quantum techniques, in a move that will see the two create over $1 billion in value for the kingdom through new biotech assets in the country. ...