Naim to set up $50m fund in Bahrain
Manama, August 10, 2010
Egypt’s Naim Investment Holding Company has announced its initial approval to set up an investment fund in Bahrain with a capital of $50 million.
The company’s board of directors also agreed in yesterday’s (August 9) meeting to establish a financial investment company and promote subscriptions with a capital of EGP5 million ($881,523), said a report in our sister newspaper Akhbar Al Khaleej. – TradeArabia News Service