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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

What role Arab funds can play in the global bail-out

Posted on 16 December 2008

From Monstersandcritics.com: The Economist magazine put at about 400 billion dollars the losses of the Arab sovereign funds due to the global financial turbulence Nabulsi believed that oil-rich Gulf states would be obliged to use part of their accumulated wealth to prop up their sinking stock markets and fulfill their development plans.

Brown’s Gulf trip appeared to have scored partial success when UAE and Qatari sovereign funds reportedly contributed 5.4 billion dollars to the bail-out of Barclays, one of Britain’s most famous banks. …. Full Article: Source


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