BUSINESSJun 3 · 12:06 UTCSEMAFORMatthew Martin

Bahrain bets on French luxury deals

Bahrain's Mumtalakat is partnering with France's TRAIL to invest in arts, music, luxury, and sports sectors. TRAIL, which owns stakes in Breitling, AresMMA, and Tech3, will open a Bahrain office to expand Gulf operations. Separately, Aluminium Bahrain announced a $2.2 billion acquisition of Aluminium Dunkerque.

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Mentioned

MumtalakatorganizationTRAILorganizationBreitlingorganizationAresMMAorganizationTech3organizationAluminium BahrainorganizationAluminium Dunkerqueorganization

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