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Our Shareholder

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, was established by Royal Decree No. 64/2006 on 29th June 2006 to manage the Governmentís stakes in its non-oil and gas commercial assets.
With a mandate to grow the wealth of Bahrain through long-term investments based on sound financial, strategic and governance principles, Mumtalakat holds stakes in over 50 commercial enterprises, representing a portfolio value of USD 11 billion and spanning a variety of sectors, including industrial manufacturing, financial services, telecommunications, real estate, logistics, consumer products, healthcare and education across the globe.

Message from the Shareholder

Gulf Aviation Academy (GAA) has swiftly established itself as a premier facility for the full range of aviation training requirements in the MENA region.

GAA offers advanced training and employee development for airline employees and is the first of its kind in the region in terms scope and service offering. Its training programmes take advantage of the latest technological developments and the customised products it offers meet the highest international standards in aviation skills training.

Recognised as a key component of Bahrainís aviation sector, GAA is solely owned by Bahrain Mumtalakat Holding Company, the investment arm for the Kingdom of Bahrain. As its shareholder, Mumtalakat is fully committed to providing the necessary support to GAA as it continues to grow and develop.

As the Middle East continues to grow as a vital aviation hub, demand for standardised training from regional carriers, established traditional airlines and emerging low cost provider is set to increase in parallel. The future for GAA is very bright and we look forward to supporting its continued growth.


Mahmood Hashim Al Kooheji
CEO, Bahrain Mumtalakat Holding Company

 
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