The data of the Sovereign Wealth Fund (SWF Institute) showed an increase in the rating of Saudi Public Investment Fund It ranked eighth globally, compared to ninth in the previous update.
The data indicated that the assets of the Saudi sovereign fund rose by about 20 billion dollars, to reach 450 billion dollars, compared to the previous update of 430 billion dollars.
Globally, Norway’s sovereign wealth fund (the global government pension fund) still holds the number one position in the world. Its assets increased by 49.82 billion dollars to reach 1.339 trillion dollars, followed by the Chinese sovereign wealth fund (China Investment Corporation) with its assets rising by 176.59 billion dollars, to 1.222 trillion dollars.
In the Arab world, the data showed that the Kuwaiti sovereign fund (Kuwait Investment Authority) ranked first in the Arab world, and third globally, maintaining its position in the previous ranking. Its assets increased by $159.25 billion, to $692.9 billion.
The largest sovereign wealth funds of the Abu Dhabi government (the Abu Dhabi Investment Authority) ranked second in the Arab world and fourth globally. It maintained its assets at $649.18 billion.
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