ur Portfolio
Mobirise
The division’s major current investment is a 23.8% stake in Metito, a leading water solutions company with a strong emerging market focus operating in 22 countries. This stake was transferred to the Company’s balance sheet as a long-term core holding following the successful sale of a 32.9% stake in Metito to Japan’s Mitsubishi Corporation and Mitsubishi Heavy Industries. Maintaining the stake will ensure Al Wifaq Finance Company PPC continues to benefit from exposure to a vital sector in high-potential emerging markets.
Metito Holdings Limited
The largest privately-held water engineering and concessions company in the GCC, Metito also has a foothold in China, India, and North Africa.