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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Bahrain: Losses grow at government investment fund

Posted on 09 July 2012

Bahrain’s sovereign wealth fund says its annual loss grew to nearly $718 million last year, hurt in part by difficulties at the tiny Gulf nation’s airline.
The Mumtalakat fund said in an online statement dated Saturday that its consolidated net loss for 2011 was 270.6 million dinars ($717.7 million). That compares with a loss of 234.3 million dinars ($621.3 million) in 2010………………………………………..Full Article: Source


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