UAE sovereign wealth funds assets rises to Dh5.9 trillion

January 5, 2022

The UAE sovereign wealth funds (SWFs) assets have exponentially grown in 2021, jumping by over 18 per cent or $250 billion (Dh917.5 billion), on the back of the gains in equity markets as well as recovery in oil prices after a tough previous year due to the outbreak of the Covid-19 pandemic. According to Global SWF’s 2022 annual report “State-Owned Investors 3.0,” the UAE-based sovereign wealth funds’ fortunes jumped from $1.374 trillion (Dh5.04 trillion) in 2020 to $1.624 trillion (Dh5.9 trillion) at the end of 2021.

Read the original article in Mena FN: UAE sovereign wealth funds’ assets jump to Dh5.9 trillion