The assets under management of Gulf sovereign wealth funds have grown by an average of 20 percent over the past two years to around $4 trillion, driven by higher oil prices, according to a recent report by data analytics firm S&P Global Market Intelligence."
This represents about 37 percent of the world's sovereign wealth fund assets under management, almost equal to the sum of sovereign wealth funds in Asia, Latin America, and Sub-Saharan Africa combined, the report showed. Of the world's top 10 investments by state-owned enterprises in 2022, 5 were sovereign investors from the GCC.
Source (Alkhaleej Emirati Newspaper, Edited)
