16.01.2013 - UAE SWF assets put at $451bln
Country's oil revenue also climbed to all time high of over $124bn. Strong oil prices along with high output boosted the assets of the UAE's sovereign wealth funds (SWFs) to all time high of around $451 billion at the end of 2012, according to a key Western financial group. The country's oil export earnings also soared to their highest level of more than $124 billion, pushing its current account balance to a new peak...............................................Full Article: Source
Print