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$250m SME fund first closing
- Bahrain: Wednesday, December 27 - 2006 at 08:10
Bahrain's Venture Capital Bank announced the first closing, at more than $75m, for its $250m Mena Small & Medium Enterprises Fund I. The sharia-compliant fund will invest in regional SMEs. Almost 20% of the issue came from US investors.
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James McInerney, News EditorWednesday, December 27 - 2006 at 08:10 UAE local time (GMT+4)
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This article was updated on Wed Mar 28 2007.
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