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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Banks grab $1 bln Middle East fee pot

Posted on 29 July 2009

From WSJ: Dubai World, the state-owned property and investment group, is the largest fee-payer to investment banks in the Middle East and Africa, paying out $366 million in fees since 2004, according to data provider Dealogic.
The second-biggest fee payer is Abu Dhabi’s state-owned investor International Petroleum Investment Co., which has paid banks $245 million over the past five years………Full Article (Subscription Required) : Source


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