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Sovereign Wealth Funds Briefing - Categorized | Financials

Gulf Air to downsize, seeks state funds

Posted on 26 January 2012

A Gulf Air Airbus A330 takes off from Bahrain international airport in Muharraq, Bahrain. The struggling national carrier of Bahrain, hit by falling passenger numbers, will shrink operations and seek cash from government funds, its chief executive said.
The airline could tap Bahrain’s sovereign wealth fund Mumtalakat, which has a stake in the carrier………………………………………..Full Article: Source


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