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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Bahrain SWF moves Gulf Air ownership to govt

Posted on 05 February 2010

From Reuters: Bahrain’s sovereign wealth fund Mumtalakat said it would transfer ownership of the country’s loss-making national carrier Gulf Air to the Bahraini government.

“Bahrain Mumtalakat Holding Company, the investment company for the Kingdom of Bahrain, announced today its intention to divest its interests in Gulf Air, Bahrain’s national carrier, to the Bahraini government,” the fund said in a statement………………………………..Full Article: Source

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