On the Sidelines of Gateway Gulf 2026: Mumtalakat and ARP Group partner to establish an AI native wholesale bank in Bahrain

Proposed bank to support institutional clients with regional and international banking needs MANAMA, Bahrain, Nov. 2, 2026 /PRNewswire/ -- Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, and ARP Group have partnered to establish an AI-native and blockchain enabled wholesale bank headquartered in Bahrain. ARP Group is the holding company of ARP Global Capital and ARP Digital, the latter co-founded by Yusuf Alireza alongside Abdulla and Abdulaziz Kanoo. The venture has received in-principle approval from the Central Bank of Bahrain and wi…READ FULL ARTICLE