31.03.2009 - Bahrain'sSWF eyes stakes in global food, financial, telecoms firms
From Guardian.co.uk: Bahrain's sovereign wealth fund is eyeing stakes in U.S, European and Asian firms, in sectors including commodities and financial services, as it looks to boost its international portfolio, its chief executive said on Monday. The value of investments held by the sovereign wealth fund had fallen by about 10-15 percent from around $10 billion as a result of the global economic downturn, Mumtalakat CEO Talal al-Zain told Reuters in an interview in Bahrain's capital Manama.....Full Article: Source
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