A recent report from the “Global SWF” platform, as reported by “SEMAFOR,” shows that Kuwait leads the region in wealth relative to its gross domestic product.
According to the report, Kuwait has accumulated assets valued at $1.2 trillion through the Kuwait Investment Authority, the Public Institution for Social Security, and the Central Bank of Kuwait — an amount equal to 7.6 times its GDP.
This ratio surpasses that of Abu Dhabi, the region’s wealthiest economy in absolute terms, which manages $2.2 trillion in investments, equivalent to 6.7 times its GDP.
The report also highlighted that the Qatar Investment Authority (QIA) was the world’s largest spender among sovereign wealth funds in November, investing $4.5 billion.
The QIA is expected to further increase its activity as it seeks to capitalize on projected revenue growth from Qatar’s expanding gas exports.
