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Sovereign Wealth Funds Briefing - Categorized | Market

Gulf economies tap SWFs during downturn

Posted on 07 October 2009

From Thejakartaglobe.com: Sovereign wealth funds are cushioning oil-dependent Gulf economies against the financial crisis, but observers warn that some governments have raided them for current spending and many investments have shrunk in value.
The four main funds are Abu Dhabi Investment Authority (ADIA), Kuwait Investment Authority (KIA), Qatar Investment Authority (QIA) and the Saudi foreign assets managed by the Saudi Arabian Monetary Agency (SAMA)……………….Full Article: Source


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