"Arabs" GRIP "one-third" value "sovereign funds" around the world

[yota691]

"Arabs" GRIP "one-third" value "sovereign funds" around the world

February 3, 2015 14:50   Last Updated: February 3, 2015 14:50

 

 

 

•  

Emirates - direct: showed issued by SWF Foundation data (SWF), specialized in the study of governments and sovereign investment funds, that the Arab countries have 17 sovereign funds around the world, is the value of the assets of these funds nearly 2.8 trillion dollars, by the end of January 2015, and most of its assets in the oil installations.

The report which was obtained directly on a copy of it, and added that the Gulf has nearly 94% of the value of the assets of Arab funds, where the value of the assets amounted to Balg funds Alkhlijh nearly 2.6 trillion dollars, while the UAE alone has about 38%, a value of 1.1 trillion dollars.

The report noted that the assets of the Abu Dhabi Investment Fund, which won an Arab first and second globally, reached assets 773 billion dollars, while came to foreign institution Arab criticism "toxic" assets fund in second place globally Arab and third the value of assets of 757.2 billion dollars, the resolution of the investment fund Kuwait in the third position among the Arab and sixth globally, the value of the assets amounted to $ 548 billion.

The value of the assets of sovereign funds in the world's $ 7.1 trillion, including $ 4.29 trillion in assets to sovereign funds in Alinvt.oihtl Government Pension Fund of Norway first place globally valued assets of $ 893 billion.

And acquires the assets of Arab sovereign funds to 36.6% of the total asset value of the sovereign in the world, as Tsthol Arab countries to nearly 66.6% of the value of the assets of the sovereign funds of petroleum.

Chart in Arabic won't load

 

And founded the Abu Dhabi Investment Fund of him in 1976 on the orders of the head of state, and the device is aimed towards the investment of surplus funds from the government in various types of risks with few assets.

It follows Foreign Assets Fund for Arab Monetary Foundation for the Saudi Monetary Agency, "the Saudi central bank", and since the eighties of the last century, the Saudi central proved drainage system where linking its currency to the dollar. And Saudi Arabia is one of the largest exporters of oil in the world.

And sovereign wealth funds, the funds owned by the states, and consists of a variety of assets such as land, or stocks, or bonds, or other investment devices, and manages financial surpluses for investment, the most famous of Gulf sovereign wealth funds, which represent the other side of the oil wealth.