Sunday 2 August 2015
 
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Bangladesh cbank to set up $500m fund for manufacturing

Bangladesh's central bank will set up $500 million of funding for the country's manufacturers, in an effort to stimulate economic growth, the head of the bank said on Thursday. The money will be split between two funds, on

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India AIDS fight hit by funding crisis

India's fight against AIDS is being jeopardised by a cut in social spending by Prime Minister Narendra Modi's government, with health workers being laid off and programmes to prevent the spread of the deadly disease curtailed.

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Oman fund set to seek ruling over Bulgarian bank collapse

Oman's biggest sovereign wealth fund is set to seek an arbitration ruling against Bulgaria over the collapse of Corporate Commercial Bank (Corpbank), a source familiar with the situation told Reuters. Oman's State General

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Bahrain to fund Grand Mosque prep work in Finland

Bahrain will fund preparatory work on a new Grand Mosque being constructed in Finland, it has emerged. It will be built on an area of 10,000 sq m in the capital Helsinki, said a report in the Gulf Daily News (GDN), our si

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Checks on illegal funds drive urged in Bahrain

Concerns that cash could be used to finance extremists have prompted calls for a clampdown on illegal fundraising in Bahrain. It follows last week’s move by the Saudi Interior Ministry to caution people against handing over

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Kuwait panel to visit London for fund probe

Lawmakers scrutinising Kuwait's sovereign wealth fund will soon travel to Britain to check on the activities of its London arm, the head of the Kuwaiti parliament's financial committee told Reuters on Monday. Like other so

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GCC transformation in focus at forum in Monaco

A delegation led by Economic Development Board chief economist Dr Jarmo Kotilaine is attending the Fund Forum 2015 in Monaco, it was announced yesterday (June 30). Billed as the world’s largest event for fund managers and gl

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Kingdom Holding, CDC set up $400m fund

Saudi Arabia's Kingdom Holding Company, the investment firm owned by billionaire Prince Alwaleed bin Talal, has joined hands with French group Caisse des Dépôts International Capital (CDCIC) to set up a $400 million fund.

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Malaysia fund's $4.5bn rescue may weigh on IPIC

The $4.5 billion rescue of a struggling Malaysian state fund is good news for the government in Kuala Lumpur but will load Abu Dhabi's International Petroleum Investment Co (IPIC) with extra debt that may worry investors in its bonds.

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Malaysia fund's $4.5bn rescue may weigh on IPIC

The $4.5 billion rescue of a struggling Malaysian state fund is good news for the government in Kuala Lumpur but will load Abu Dhabi's International Petroleum Investment Co (IPIC) with extra debt that may worry investors in its bonds.

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