| From Guardian: With wealth comes power and, through their sovereign wealth funds, the various Gulf states have also become major players on global capital markets. Whereas much of the oil revenue generated during the boom times of the 1970s was exhausted on a combination of necessary infrastructure projects and somewhat dubious investment schemes, the wealth generated over the last decade has been better managed.
Kuwait directs 10% of its oil revenue to a "future generations fund" to provide for a post-petroleum economy. Ascertaining the exact size of these funds has always involved a large amount of guesswork but, in recent years, Abu Dhabi's overseas investments have been valued at $300bn-$600bn..............................................Full Article: Source
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