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Hedge Funds & Alternative Investments Islamic Finance New Investment Products & Services Uncategorized

Saudi bank launches USD2bn infrastructure fund

July 2, 2014

By News Team

Saudi Arabia-based Islamic Development Bank  has launched a USD2bn infrastructure fund that aims to invest in projects across the Muslim world. The new fund has commitments of USD750m from Saudi government pension and investment funds, ministries of finance in Bahrain and Brunei and the IDB itself, the Wall Street Journal…

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