BAHRAIN Food Holding Company (Ghitha) and marine transportation and logistics firm Masar Group (Masar) – both portfolio companies of sovereign wealth fund Mumtalakat – have signed a memorandum of understanding (MoU) to explore joint investment opportunities in food distribution and logistics across Bahrain and the wider region.
Signed by Ghitha chief executive officer Mahmood Zainal and Masar CEO Yusuf Al Manea, the agreement establishes a framework for Masar to provide logistics and distribution services to Ghitha and its portfolio entities .
