From Mediamonitors.net: Most banks and economists put the oil income of the Gulf Sovereign Wealth Funds at $1.5 Trillion.
This estimate excludes Saudi Arabia that just launched its own Sovereign Wealth Fund (S.W.F.) last year with a meager $5.3 Billion: (Economist, May 1, 2008). A Sovereign Wealth Fund is a government owned investment fund……..Full Article: Source



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