Air Arabia profit falls

Revenue rises despite regional cost pressures

FAB plans $4.08bn rights issue

UAE’s largest bank seeks capital for growth.

flydubai launches new flights

Riga, Salzburg, Vilnius flights begin from Dec

ADNOC Gas Q3 profit $1.34bn

Stronger earnings support higher full-year outlook

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

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.