Bahrain's sovereign wealth fund Mumtalakat recorded an 87% jump in net profit for 2025, with earnings attributable to shareholders rising to BHD 593 million (USD 1.6 billion) from BHD 317 million the prior year. Revenue grew 14% to BHD 2.5 billion, driven largely by fair-value gains on investments linked to McLaren Racing.
In September 2025, Mumtalakat and Abu Dhabi's CYVN Holdings completed a USD 5 billion acquisition of full ownership of the British motorsport team, with Mumtalakat retaining majority control.
Aluminium Bahrain, 69% owned by Mumtalakat, contributed an 18% rise in net profit to BHD 219 million, supported by elevated LME aluminium prices and record production of 1.62 million metric tonnes. Associates the National Bank of Bahrain and Beyon contributed BHD 36.4 million and BHD 24.8 million respectively.
Bahrain's broader economy grew 3.5% in real terms in 2025, with non-oil sectors expanding 4.1%.
Gulf Economist Staff Writer