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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

UAE ready to fuel space tourism

Posted on 23 February 2011

From Gulfnews.com: UAE investors increasingly look towards space for investments as the $7.5 billion (Dh27.5 billion) space tourism industry is set to take off. The combined sovereign wealth funds of the GCC countries are over $1.36 trillion, the largest being Abu Dhabi at an estimated $664 billion, with Saudi Arabia at $420 billion and Kuwait $203 billion, Qatar $65 billion, Dubai $19.6 billion and Oman $8.2 billion, according to a 2010 report by the Sovereign Wealth Fund Institute.
“…We are witnessing the dawn of a new industry that will change the way we live life here on Earth………………………………………..Full Article: Source

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