Bahrain eyes overseas acquisitions

Bahrain’s $10bn (€6.5bn) sovereign wealth fund is more than doubling its staff ahead of a drive to pursue acquisitions outside the Gulf.

Bahrain Mumtalakat Holding Company, the kingdom’s main investment arm, was established two years ago and controls, or has invested in, 35 companies, most of which are based in Bahrain or the Gulf, according to the company’s website.

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