02.10.2015 - Bahrain SWF overcomes bout of turbulence
Bahrain's sovereign wealth fund, Mumtalakat, has weathered economic and political uncertainty both at home and throughout the wider Middle Eastern region, and is now back on a path to growth, with its aviation holdings being at the forefront of this turnaround. More diversified than its Gulf Co-operation Council (GCC) peers, Bahrainís economy has weathered the oil price downturn relatively well. Though government revenues have been slashed, the resilience of the country's non-oil economy is expected to see gross domestic product growth (GDP) hit 3.6% by the end of 2015, according to the Bahrain Economic Development Board...............................................Full Article: Source
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