From Reuters: Bahrain’s sovereign wealth fund Mumtalakat Holding’s full-year net loss in 2009 more than doubled due to higher losses at its portfolio companies Gulf Air and Aluminium Bahrain, a document showed.
Mumtalakat, which bundles Bahrain’s non-oil state-owned companies, said in an investor presentation reviewed by Reuters that its 2009 net loss was $487.2 million, compared with a loss of $184.3 million in 2008……………………………………….Full Article: Source