SWFI lists four Arab sovereign wealth funds among world's top ten funds in July

Kuwait Investment Authority has occupied the third position to top the Arab region

  
Green Roofed Buildings Sit Atop The Al Shaheed Park, Kuwait. Image used for illustrative purpose.

Green Roofed Buildings Sit Atop The Al Shaheed Park, Kuwait. Image used for illustrative purpose.

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Mubasher: A total of four Arab sovereign wealth funds are listed among the world's top ten sovereign wealth funds in July 2021, with combined assets of $2.074 trillion, according to the recent data by the Sovereign Wealth Fund Institute (SWFI).

The SWFI ranks 100 largest sovereign wealth funds across the world with combined assets of $8.635 trillion, including 13 Arab sovereign wealth funds.

Kuwait Investment Authority has occupied the third position with $692.9 billion in assets in July to top the Arab region, followed by the Abu Dhabi Investment Authority (ADIA) with total assets of $649.175 billion.

Meanwhile, Saudi Arabia's Public Investment Fund (PIF) ranked eighth with $430 billion assets, while the Investment Corporation of Dubai was placed in the tenth position with $302.326 billion assets, followed by Qatar Investment Authority (QIA).

The other Arab sovereign wealth funds in the SWFI's list include the UAE-based Mubadala Investment Company (Mubadala) in 13th position and Bahrain Mumtalakat Holding Company in 36th position.

Oman Investment Authority (OIA), the Sovereign Fund of Egypt (TSFE), and Sharjah Asset Management (SAM) ranked 38th, 41st, and 75th, respectively.

Source: Mubasher

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