Friday 29 March 2024
 
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GCC fund

Bahrain mulls plans for $10bn GCC fund

Spending plans for a $10 billion GCC development fund for Bahrain were the focus of talks yesterday between Bahrain’s Prime Minister and HRH the Crown Prince. The two leaders pledged investments in infrastructure developments and services,

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Bahrain pushes for GCC stability fund

Bahrain is pushing for the creation of a regional stability fund to counter potential fiscal crises, its finance minister said in published remarks. The fund should also work on bridging economic disparities among the member states of the

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Masraf Al-Rayaan launches $1.1bn GCC fund

Qatari Islamic lender Masraf Al-Rayan on Monday said it had launched a new GCC-wide fund with a mandate to manage up to $1.1 billion and focus on Gulf equities, as well as fixed income instruments. "We believe the time is ripe to launch a

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