INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

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.