Post by Russian Direct Investment Fund

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#RDIF, Bahrain Mumtalakat Holding Company ("Mumtalakat"​) and Binnopharm Group (АО "Биннофарм"​, а subsidiary of Sistema PJSFC, a publicly traded Russian investment company) today signed a Memorandum of Understanding (MoU) to establish a new vaccine production facility in the Kingdom of #Bahrain to manufacture and distribute the Russian Sputnik V coronavirus vaccine across the MENA region. The MoU was signed on the sidelines of the St. Petersburg International Economic Forum.

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