Mubadala and Bahrain’s Mumtalakat sign deal to explore co-investment opportunities – The National

Mubadala and Bahrain’s Mumtalakat sign deal to explore co-investment opportunities – The National

Abu Dhabi’s Mubadala Investment Company has signed a preliminary agreement with Bahrain’s sovereign wealth fund Mumtalakat to explore co-investment opportunities in different parts of the world.

The two companies will also exchange knowledge and best practices to enhance their investment and operational capabilities as part of the agreement, they said on Tuesday.

“We are excited to collaborate with a like-minded institution such as Mumtalakat, [which] shares our commitment to building long-term, sustainable relationships,” said Waleed Al Muhairi, Mubadala’s deputy group chief executive.