Our mandate is to grow the wealth of the Kingdom. For that purpose, it’s important that our roles and responsibilities are both transparent and effective.
As a Bahrain Closed Joint Stock Company, we are governed by the Bahrain Companies Law and operate in compliance with the Bahrain Code of Corporate Governance (the Code).
Established by Royal Decree No. 64/2006 on 29th June 2006 to manage the Government’s stakes in non-oil and gas commercial assets, our owner and shareholder is the Government of the Kingdom of Bahrain, represented by the Minister of Finance.
On 29th June 2006, the Government transferred its interests in 29 commercial assets to us. These included some of the country’s most important non-oil and gas companies such as Aluminium Bahrain (Alba), Gulf Air, Batelco and the National Bank of Bahrain (NBB).