27.01.2014 - Mumtalakat eyes new investments
The finances of Bahrain's sovereign wealth fund Mumtalakat are improving, allowing it to look for new investments more agressively this year, its chief executive said. With $7.1 billion of assets under management at the end of September, Mumtalakat is one of the smaller sovereign funds in the Gulf, but it plays an important role in Bahrain's economy: it holds stakes in 40 non-oil firms, including Bahrain Telecommunications and Aluminium Bahrain...............................................Full Article: Source
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