Bahrain's Investcorp, China Launch $1B Sino-Gulf Investment Platform

Bahrain's Investcorp, in collaboration with China's sovereign wealth fund, has established a $1 billion investment vehicle aimed at funding companies across the Persian Gulf and China. This initiative, known as the Sino-Gulf investment platform, positions China's sovereign wealth fund as the anchor investor. The fund is part of a broader strategy to enhance economic ties between the Gulf region and China, and also reflects Bahrain's competitive stance against the US in attracting tech startups to the region.