Cash-rich Gulf wealth funds
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Middle East sovereign wealth funds – including Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala – are buying assets whose valuations have been struck by the pandemic
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Sovereign wealth funds (by country)

UAE Abu Dhabi Investment Authority $696.7bn

UAE $ 228.9bn Mubadala Investment Company

UAE $239.4bn Investment Corporation of Dubai

Kuwait Kuwait Investment Authority $592bn

Qatar $320bn Qatar Investment Authority 

Saudi Arabia $320bn Public Investment Fund

Saudi Arabia SAMA Foreign Holdings $505.8bn

UAE  $45bn Emirates Investment Authority

$22.4bn Oman General Reserve Fund
       


Total $2.97 trillion
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Crown Prince Mohammed bin Salman: Chair of Saudi Arabia’s PIF has invested in struggling cruise operator Carnival and English Premier League football club Newcastle United
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Khaldoon al-Mubarak: Head of Mubadala, Abu Dhabi’s most active sovereign investment fund. Mubadala is seeking cutting-edge healthcare technology in U.S., Europe and China
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Sheikh Tamim bin Hamad Al Thani:
Head of Qatar Investment Authority – one of London’s biggest landlords – owns Shard, Harrods, as well as Canary Wharf and share of Heathrow Airport
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Sourcs: Al Arabiya, Financial Times, Reuters Pictures: Getty Images © GRAPHIC NEWS
    
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