By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: After the US, the UAE comes in third place globally in terms of sovereign wealth assets.
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
alt="After the US, the UAE comes in third place globally in terms of sovereign wealth assets"
The Arabian News > Economics > After the US, the UAE comes in third place globally in terms of sovereign wealth assets.
Economics

After the US, the UAE comes in third place globally in terms of sovereign wealth assets.

admin
SHARE

The UAE has the third-largest sovereign wealth and public pension portfolio in the world, at $2.49 trillion, according to a Global SWF mid-year analysis. The country has emerged as a worldwide investment powerhouse, trailing only the United States ($12.12 trillion) and China ($3.36 trillion).

Growth-promoting diverse investment vehicles
ADIA, Mubadala, ADQ, and the Investment Corporation of Dubai are among the prominent UAE organisations that have contributed to this outstanding accomplishment. Other organisations include the Emirates Investment Authority, Sharjah Asset Management, RAK Investment Authority, and Dubai World. Their portfolios cover a variety of industries, including technology, biotechnology, sustainable energy, artificial intelligence, and infrastructure.

Shift in strategy from oil to international markets
The UAE’s long-term goal to diversify into sustainable industries and lessen its dependency on hydrocarbons is reflected in the growth of its sovereign wealth. The nation has strengthened its standing as a forward-thinking economic powerhouse by securing investments in international capital markets and strategic alliances.

Future prospects and regional leadership
The UAE is the largest sovereign asset holder in the Middle East, surpassing nations like Norway ($1.9 T) and Japan ($2.22 T), solidifying its position among the top three global players alongside established giants.
thegulfentrepreneur.com +8 blog.jobxdubai.com +8 m.economictimes.com +8. With its strategic investment approach, the nation is set to shape future global capital flows and job creation—especially in emerging industries.

You Might Also Like

Dubai Unveils Dh16 Billion Road Plan to Revolutionize Connectivity and Boost Economic Growth

Oil Prices Drop After Short-Lived Jump

UAE Drastically Eases Work and Residency Processes in Zero Bureaucracy Push

Vistara Merges with Air India on November 12: 115,000 Passengers Affected

Trump Family Seeks Stake in Binance in Crypto Expansion Discussions

TAGGED:UAE third in sovereign wealth assets
Share This Article
Facebook Twitter Email Print
Previous Article alt="Shubman Gill smashes records and breaks a double century" Shubman Gill smashes records and breaks a double century
Next Article alt="Al Dhaid Farmers Get New Livestock Pasture Approved by Sharjah Ruler" Al Dhaid Farmers Get New Livestock Pasture Approved by Sharjah Ruler

Popular News

alt="Following Iran's attack on a US military base, Qatar calls on the public to report missile debris"
Following Iran’s attack on a US military base, Qatar calls on the public to report missile debris
World
alt="Abu Dhabi Will Be Rocked by UFC 321's Action-Packed Fight Card"
Abu Dhabi Will Be Rocked by UFC 321’s Action-Packed Fight Card
Exclusive
alt="Sharjah Airport Gears Up for Summer Surge, Ready to Serve Over 800,000 Passengers"
Sharjah Airport Gears Up for Summer Surge, Ready to Serve Over 800,000 Passengers
Exclusive
alt="Wimbledon Does Away with Line Judges After 148 Years"
Wimbledon Does Away with Line Judges After 148 Years
Sports

Recent News

  • “This Is Not Life”: A school shelter in Gaza is hit, and a terrible aftermath ensues
  • After a tragic tuition dispute, the actor’s teenage son jumps to his death
  • With a Q1 GDP of Dh291 billion, Abu Dhabi’s non-oil growth is booming
  • Why Rashid Khan Loves Dubai: His Cricket Haven Away From Home
  • 10 Dubai Pet-Friendly Cafés to Cool Off With Your Dog
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?