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Al Baraka Bank to launch $50m fund

Manama, July 23, 2009

Al Baraka Bank is planning to launch a $50 million fund to finance a government institution, said a report in our sister paper Akhbar Al Khaleej.

This is the second such funding after it invested $500 million in Bahrain Mumtalakat Holding Company, executive president and board member Mohammed Al Mutawa'a said.-TradeArabia News Service

 




Tags: investment | finance | fund | Al Baraka bank |

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