Manama: Bahrain’s Social Insurance Organisation (SIO), a state-owned pension fund that sits on nearly $4.5 billion (Dh16.52 billion) in cash is expected to invest about half of that money in shares and bonds across the US and Europe, said Shaikh Mohammad Eisa Al Khalifa, CEO of SIO at a recent media event organised by BNP Paribas on the sidelines of the Bahrain Grand Prix.

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