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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Mumtalakat ‘rating won’t be affected’

Posted on 29 October 2010

From Tradearabia.com: Fitch Ratings says it is unlikely that there will be a rating impact on Bahrain Mumtalakat Holding Company from the Bahrain government’s plan to inject more than $1 billion into its 100 per cent subsidiary Gulf Air.
Fitch continues to expect that the capital injection and any additional material financial support to Gulf Air will be assumed directly by the government via Mumtalakat……………………………………….Full Article: Source


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