Sovereign wealth
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Bahrain's sovereign wealth fund not interested in the likes of Uber
The CEO of Bahrain’s sovereign wealth fund Mumtalakat has ruled out high-profile technology investments along the lines of Saudi Arabia’s $3.5bn cash injection in transport app Uber, dismissing such companies as “lacking maturity”. Saudi Arabia’s Public Investment Fund set a record last year when it took a five percent stake…
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Click here to read the full story: Arab Business