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FINANCIAL NEWS
Qatar, Indonesia USD1b joint fund to start operation
26 Sep 2016
(MENAFN) USD1bn mutual investment fund launched by Qatar and Indonesia in its finishing stages and will fund main infrastructure and energy projects.
Additionally, Indonesia”s 15pct share of the fund is ready, while it is waiting for the Qatari Investment Authority to select from many projects Indonesia prepared.
Moreover, the joint investment fund should be made into a reality because the Indonesians already offered 4 to 5 projects to be selected by the QIA.
The fund improved the economic co-op between both countries last year and will be used in infrastructure, roads, power plants and other sectors.
More News
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
27 Jan 2025
BBK offers customers with exclusive Tas’heel and Mazaya Finance to own their dream home
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
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