23.02.2009 - Higher public spending can peg back crisis
From Gulfnews.com: Latest available statistics suggest that the GCC states together have amassed some $1.5 trillion in the form of sovereign wealth funds (SWF). The UAE stands out by virtue of accumulating an extraordinary $875 billion. Saudi Arabia, Kuwait and Qatar follow in that order with $300 billion, $250 billion and $40 billion, respectively..... Full Article: Source