INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

Eight biggest GCC sovereign wealth funds

The Arab world's largest sovereign wealth funds.
  • More than $1.3 trillion of funds are managed by some of the biggest sovereign wealth funds in the GCC.
  • These funds invest in global real estate, financial assets, bonds and private equities.

How do governments deal with budgetary surpluses or the situations in which they have little or no international debt and it isn’t desirable to hold excess liquidity as money or to spend it immediately?

They invest it in global real estate, private equities, bonds and financial assets through Sovereign Wealth Funds (SWFs).

The Gulf Cooperation Council region is home to some of the wealthiest economies and individuals. An estimated $1.3 trillion of this wealth is managed by several state-owned sovereign wealth funds.

TRENDS brings to you the eight biggest of these funds in the region.