America Bahrain Beijing China Chinese Dubai Economy Entertainment Finance Hong Kong Investment Ministry Of Commerce Oil Saudi Arabia Shanghai Signal Sports tourism United Arab Emirates
April 30, 2024 This is an excerpt from the Gulf Briefing, Al-Monitor’s weekly newsletter covering the big stories of the week across the Gulf. To get it directly to your inbox, sign up here. DUBAI — China's largest sovereign fund, China Investment Corporation (CIC), and Bahrain-based asset manager Investcorp announced on Wednesday the launch of a Sino-Gulf investment platform. Bin Qi, the executive vice president of CIC, said the platform aims to deploy $1 billion of Chinese and Gulf capital into high-growth companies in Saudi Arabia, other Gulf countries and China to "strengthen financial and industrial ties between China and…
News Timeline:
Track the development of this news story across the Internet.