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Sovereign Wealth Funds Briefing - Categorized | Market

Mumtalakat in deal with Japanese firms

Posted on 26 March 2013

In an effort to promote and revitalise Bahrain’s pearl industry, the Bahrain Mumtalakat Holding Company has signed a memorandum of understanding (MoU) with three entities in Japan. The MoU was signed during a visit to that country by a high-level Bahraini delegation led by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander, First Deputy Premier and Economic Development Board chairman.
Besides the investment arm of Bahrain, the signatories include Kinoshita Pearl, a leading specialist company in natural and cultured pearls, First Stem Cell Japan, a biotechnology research company, and Japan International Co-operation Centre (JICE)………………………………………..Full Article: Source


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