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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Funds see Dubai contagion as chance to buy Gulf debt and build positions

Posted on 11 December 2009

From Telegraph: Qatar has the world’s second largest gas reserves. Oil-rich Abu Dhabi has the biggest sovereign wealth fund, worth about $700bn (£431bn). Kuwait has 8pc of global oil reserves, with a population of just 3m.

By contrast, “post-oil” Dubai is trying to reinvent itself as a tourist and financial hub – a strategy now in trouble………………………………Full Article: Source

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