Reported 3 days ago
Abu Dhabi's Mubadala Investment Company emerged as the world's leading sovereign wealth fund last year, investing $29.2 billion in various sectors, a 67% increase from the previous year. This momentum coincided with Saudi Arabia's Public Investment Fund scaling back its investments, focusing instead on domestic initiatives. The report indicates that Middle Eastern sovereign funds collectively invested $82 billion in total last year, highlighting their significant role in the global investment landscape.
Source: YAHOO