Bahrain's Investcorp, in collaboration with China's sovereign wealth fund, has established a $1 billion investment vehicle aimed at funding companies across the Persian Gulf and China. This initiative, known as the Sino-Gulf investment platform, positions China's sovereign wealth fund as the anchor investor. The fund is part of a broader strategy to enhance economic ties between the Gulf region and China, and also reflects Bahrain's competitive stance against the US in attracting tech startups to the region.
China's sovereign wealth fund backs Bahrain amid competition with the US for tech startups in region https://t.co/kmlUE2sk82
Bahrain's Investcorp teams up with China to invest $1bn in Gulf and Asia https://t.co/AkGWqLBPol
The Middle East’s biggest alternative asset manager is setting up a $1 billion investment vehicle backed by Beijing’s sovereign wealth fund to invest in companies across the Persian Gulf and China https://t.co/xHeOeNvSrY
Bahrain's Investcorp, China's CIC launch $1B Sino-Gulf investment platform, @JackvDutton reports https://t.co/1dIeDN7W6w
Bahrain's Investcorp sets up $1 bln fund with China's CIC as anchor investor https://t.co/PA4NPAykXt https://t.co/WvYpIB39qK
The Middle East’s biggest alternative asset manager is setting up a $1 billion investment vehicle backed by Beijing’s sovereign wealth fund to invest in companies across the Persian Gulf and China. https://t.co/RbxhMJiq6w