29.07.2009 - Bahrain SWF posts $183 mln loss in 2008
From Reuters: Bahrain's sovereign wealth fund Mumtalakat said on Tuesday it made a loss of $183 million in 2008, mainly on $981 million in impairment charges linked to investments in two Gulf Arab financial institutions. "Impairment charges of 370 million dinars ($981.4 million) ... were booked during the period leading to a net loss of 69.3 million dinars ($183.8 million) compared to a net income of 170 million dinars for 2007," Mumtalakat said in a statement.........Full Article: Source