Mumtalakat seeks advisers to rebuild Gulf Air

27 July 2009

Bahrain's sovereign wealth fund Mumtalakat has said it is seeking advisers to help it rebuild the business of state-owned carrier Gulf Air, Reuters has reported. The fund said the consultants would report to the airline's incoming Chief Executive Samer Majali, who is taking up his post on August 1 and who has been appointed to lead Gulf Air as it moves into the next phase of its strategy to rebuild the business.

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