10.07.2012 - Bahrain’s sovereign wealth fund sees losses widen
Bahrain's $9 billion sovereign wealth fund Mumtalakat said its full-year consolidated net losses widened due to higher provisions and reduced income from associate companies. Mumtalakat, which owns stakes in firms such as Gulf Air and Aluminium Bahrain, made a net loss of 270.6 million dinars ($717.68 million) in 2011, it said in a statement on its website...............................................Full Article: Source
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