Daily Magazine’s Post

Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #DailyMagazine #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment

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Raheel Haroon

Strategic Financial Leader | MBA in Banking & Finance | Driving Growth, Innovation, and Compliance | Expert in Taxation, Accounting, Audit, Treasury, and SECP | Transforming Numbers into Opportunities

2mo

But this pic is related to DUBAI Atlantis..

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