Saudi Bahraini Investment Company and Mumtalakat Sign Agreement to Expand Strategic Investments

     Riyadh, November 4, 2025, SPA -- On the sidelines of the fourth meeting of the Saudi-Bahraini Coordination Council, held in Manama and co-chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Kingdom of Bahrain Crown Prince and Prime Minister Prince Salman bin Hamad Al Khalifa, the Saudi Bahraini Investment Company (SBIC), a PIF company, announced today the signing of an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), aimed at expanding opportunities of investment cooperation between the two parties. The agreement is subject to satisfying certain requirements, including performing the necessary due diligence.
   The agreement seeks to establish a joint investment program, focused on opportunities that contribute to economic growth and address the growing demand for goods and services in both the Saudi and Bahraini markets. This includes investing in existing companies with strong expansion potential and launching new projects.
   The joint investment opportunities will span several strategic sectors in the Kingdom of Bahrain, including information technology, media and telecommunications, financial services, education, logistics, advanced construction materials, manufacturing, infrastructure, aerospace services and real estate.
   The agreement aligns with the Saudi Bahraini Investment Company’s strategy to identify investment opportunities and build long-term partnerships that generate sustainable returns and support development across the Saudi and Bahraini markets. It also reflects PIF’s commitment to driving economic transformation in Saudi Arabia and contributing to regional and global growth. Likewise, the agreement supports Mumtalakat’s efforts to advance economic diversification, enhance local impact, and create job opportunities.
   The Saudi Bahraini Investment Company was established in 2022 as part of PIF’s regional investment strategy. It has opened an office in Manama, the capital of Bahrain, and among its objective is enabling the private sector to expand its investments across both markets.
   This agreement follows a previous MoU signed in March 2024 between PIF and Mumtalakat, which aimed to broaden cooperation opportunities between the two parties.
   -- SPA