DUBAI (Reuters) – China’s MSA Capital and Al Salam Bank-Bahrain <SALAM.BH> launched a $50 million venture capital fund on Wednesday, using Bahrain as a hub to invest in sectors such as e-commerce and financial technology in the Middle East.
As part of efforts to tackle its deficit and diversify the economy, Bahrain has been trying to re-establish itself as a regional finance centre after losing ground to Dubai, and has been marketing itself as…
