The Middle East's 10 Biggest Sovereign Wealth Funds Surpass $3.8 Trillion In Assets

Sovereign Wealth Funds (SWFs) are state-owned investment vehicles designed to manage and invest a country's surplus wealth. These funds accumulate through revenues generated from commodities, foreign reserves, or fiscal surpluses. The primary objectives of SWFs include wealth preservation, economic diversification, stabilization of government revenues, and facilitating long-term development projects.

Unlike central banks, SWFs are not dedicated to monetary policies but are entrusted with maximizing returns on investments to benefit current and future generations. Their investments span a broad range of asset classes, including stocks, bonds, real estate, infrastructure, and alternative investments, with a long-term horizon in mind.

1. Abu Dhabi Investment Authority (ADIA): $708.75 billion
2. Kuwait Investment Authority: $708 billion
3. Saudi Arabia's Public Investment Fund (PIF): $607 billion
4. Saudi Arabia's SAMA Foreign Holdings: $490 billion
5. Qatar Investment Authority: $461 billion
6. Investment Corporation of Dubai: $299 billion
7. Abu Dhabi Mubadala Investment Company: $284 billion
8. Abu Dhabi Development Holding Company: $159 billion
9. Emirates Investment Authority: $87 billion
10. Omain Investment Authority: $17 billion