GCC’s national oil companies are heavily investing in alternative investment strategies.

Forbes Middle East reports that the GCC countries and their national oil companies are investing heavily in infrastructure, real estate, and private equity strategies to create stable and diversified investment income streams.

The article further notes that oil giants like ADNOC, Saudi Aramco, BAPCO, Oman Oil Company, and Kuwait Petroleum Corporation have partnered with numerous global fund managers, including Apollo Global Management, Global Infrastructure Partners, Brookfield Asset Management, BlackRock, and KKR since the start of 2020.

Read the original article on Forbes Middle East: How Are The Gulf’s National Oil Companies Investing To Adapt To Market Changes?