Tuesday 7 May 2024
 
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CIC

StanChart Bahrain names head of CIC

Standard Chartered Bank Bahrain has appointed Abdulla Abdulrazaq Bukhowa as head of corporate and institutional clients (CIC) in addition to his role as head of financial markets. Bukhowa is the first Bahraini in this position, wh

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China 'cannot dispose of treasuries'

China Investment Corp (CIC) cannot dispose of its holdings of debt issued by major foreign countries because doing so will hurt the value of its portfolio, the general manager of the sovereign fund said on Tuesday. "China cannot dispose of

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China wealth fund eyes Egypt investment

The chairman of China's sovereign wealth fund, which manages $300 billion in assets, will visit Egypt to discuss infrastructure and other possible investments in the Arab world's most populous nation, a minister said. Egypt, whose

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