The GCC's assets under management reached an all-time peak of $4.1 trillion in 2023, with a transaction value of $82.3 billion, according to Global SWF's Annual Report 2024. The 19 sovereign wealth funds in the Gulf are predicted to collectively hold $7.6 trillion in assets by 2030, and if pension funds and central banks from the broader MENA region are considered, this could reach $11.2 trillion.
Saudi's Public Investment Fund, the Qatar Investment Authority, and the U.A.E.'s Abu Dhabi Investment Authority, Mubadala, and Abu Dhabi Developmental Holding Company were among the top 10 most active dealmakers globally in 2023.
U.A.E.
This story is from the March 2024 edition of Forbes Middle East - English.
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This story is from the March 2024 edition of Forbes Middle East - English.
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