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Sovereign Wealth Funds Briefing - Categorized | Performance

Losses at Bahrain’s SWF more than doubled amid global slump

Posted on 29 June 2010

From Assetinternational.com: Bahrain Mumtalakat Holding Co., the Persian Gulf country’s sovereign wealth fund (SWF), said its loss for 2009 more than doubled from a year earlier.
Mumtalakat blamed its losses on the global effects of the economic crisis which hurt key businesses, mainly at its money-losing airline Gulf Air and at Alba, an aluminum smelting company……………………………………….Full Article: Source

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