Mumtalakat launches new digital solutions provider ‘ARRAY’

TDT | Manama                                                      

The Daily Tribune – www.newsofbahrain.com

Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, signed an agreement to launch ARRAY Innovation (ARRAY), a new digital solutions provider with the support of the Bahrain Economic Development Board (Bahrain EDB).

Attending the signing were Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat, and Alaa Saeed, Co-Founder of ARRAY, a former Citi Managing Director and Crown Prince’s International Scholarship Program Alumni.

ARRAY will harness cutting-edge technologies integrating generative AI and Cloud capabilities to deliver premium digital solutions including consultancy services, professional and managed IT services, and turnkey resourcing solutions to a diverse range of businesses in the Kingdom of Bahrain, the region and globally. Shaikh Abdulla bin Khalifa Al Khalifa, said: “ARRAY will provide at least 1,000 highly skilled jobs for Bahrainis, addressing the needs and serving a clientele of financial institutions, multinational corporations, and governments.”

Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of Bahrain Economic Development Board, said, “ARRAY choosing Bahrain to build a distinguished, global client base speaks volumes to the unique value proposition of our island nation, where companies benefit from competitive operating costs, progressive government frameworks, and the agility of Team Bahrain.”

Alaa Saeed, Co-Founder of ARRAY, stated, “We are confident in our ability to swiftly expand and deliver high-quality IT consultancy and services from our tech hub in Bahrain to meet global demand, contributing to the evolution of a thriving national ICT sector.”