The Middle East is being led by sovereign wealth funds through the global economic crisis
November 11, 2022
In a global context of geopolitical, economic and financial uncertainty, sovereign wealth funds (SWFs) from the Middle East are shining more than ever. These government-related entities have broken stereotypes of having hidden agendas and only hunting trophy assets, and have instead become highly sophisticated, flexible and sizeable investors that can move the needle both at home and overseas. In fact, of the $11.2 trillion in assets that SWFs are estimated to manage worldwide, more than a third hails from the Middle East region. The Gulf alone houses 18 sovereign investors that manage $3.7tn in financial capital and 7,500 personnel in human capital.
Read the original article in The National: Sovereign wealth funds are guiding the Middle East through the global economic crisis