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The sovereign wealth funds of Saudi Arabia and Bahrain have signed an MoU to boost cooperation and investment in strategic sectors.
The agreement aims to expand cooperation between the two parties and enable new and promising investment opportunities in Bahrain, the Public Investment Fund (PIF) and Mumtalakat said in a joint statement.
PIF said the MoU provides investment opportunities that will enhance the wealth fund’s investments in Bahrain while allowing for the creation of additional opportunities…