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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

UAE SWF assets put at $451bln

Posted on 16 January 2013

Country’s oil revenue also climbed to all time high of over $124bn. Strong oil prices along with high output boosted the assets of the UAE’s sovereign wealth funds (SWFs) to all time high of around $451 billion at the end of 2012, according to a key Western financial group.
The country’s oil export earnings also soared to their highest level of more than $124 billion, pushing its current account balance to a new peak………………………………………..Full Article: Source


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