Bahrain signs deals to invest $1.3bn in UK economy

Britain Politics

Britain's Prime Minister Rishi Sunak, right, poses for a photo with the Crown Prince of Bahrain, Salman bin Hamad Al Khalifa at 10 Downing Street, ahead of their meeting, in London, Monday July 3, 2023. (Stefan Rousseau/Pool Photo via AP)

Bahrain has signed a memorandum of understanding for strategic investments and collaborations with Britain that will see the Gulf state’s private sector invest 1 billion pounds ($1.3 billion) in Britain, the Bahraini crown prince’s social media account said on Monday.

 

The investments will be through Bahraini sovereign wealth fund Mumtalakat, Investcorp, GFH Financial Group, and Osool Asset Management.

 

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