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Bahrain Allocates $5 Billion for Investment in Bahrain

2023-05-15 - 10:03 p

Bahrain Mirror: The Saudi Minister of Investment Khalid bin Abdulaziz Al-Falih announced that Saudi Arabia will establish an investment fund that aims to invest up to $5 billion.

Al-Falih said during the "Bahrain-Saudi Business Council" on Monday, May 15, 2023, in Manama, that "this investment will be available to various Saudi and Bahraini private economic sectors."

It is worth noting that Bahrain has been suffering from a financial deficit in its budget for several years and high public debt.

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