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Mumtalakat

Edamah waives March rent for tenants amid COVID-19 outbreak
CEO, Amin Alarrayed: "We are issuing a one-month moratorium on the rents of our F&B
Mumtalakat's Edamah, Mazad partner for online real estate auction
The auction is expected to allow prospective buyers to bid 'live' on six properties comprising
Mumtalakat unit acquires 37% stake in Bahrain Car Parks Company
Edamah CEO describes acquisition as a 'pivotal moment' for the government-backed real estate developer
Mumtalakat increases US interests in partnership with Sentinel
The real estate acquisition is Mumtalakat’s second US investment in 2018
Bahrain's wealth fund triples profit in 2017
Net profits at Mumtalakat in 2017 stood at $560m (BD210.6m), a whopping 207% increase on
Bahrain's Mumtalakat acquires 28km<sup>2</sup> Lenovo office in US
The Class-A facility in Raleigh-Durham, North Carolina, is fully leased to Lenovo, is said to
Bahrain’s $3bn Alba Line 6 to create 500 permanent, direct jobs
Aluminium Bahrain’s Line 6 expansion will create 500 direct, permanent jobs, and between 2,000 and
Bahrain’s Alba Line 6 on track to hit Q1 2019 production target
Aluminium Bahrain’s Line 6 expansion project is on track to meet its Q1 2019 production

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Latest Issue

Construction Week - Issue 761
Mar 21, 2020