01.08.2013 - Mumtalakat push to boost growth
Mumtalakat, the investment arm for Bahrain's non-oil and gas strategic assets, has a revised strategy in place that would enable it to reverse the decline in revenues, its top official has said. "We have laid the groundwork and have begun the execution of a number of initiatives that we believe will support our long-term growth strategy and benefit the kingdom," chief executive Mahmood Al Kooheji said. "Mumtalakat works closely with its existing portfolio companies to develop and maximise their growth potential, and last year conducted a full and comprehensive review of its strategic direction," he said...............................................Full Article: Source
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