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Bahrain bank, China firm create $50m venture capital fund for Middle East tech market

A new $50m venture capital fund has been launched by Al Salam Bank-Bahrain (ASBB) in partnership with China-based MSA Capital (MSA). The fund – called MEC Ventures – will focus on MENA-based investment opportunities deploying Chinese technologies and business models using Bahrain as a gateway, a statement said. It will…

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