From Ctv.ca: Despite the oft-publicized debt problems in Dubai, the countries in the region are home to ultra-rich sovereign wealth funds, state-owned investment funds. One of Abu Dhabi’s investment arms already has a high-profile real estate development in their portfolio: a stake in New York’s Chrysler Building.
SWFs across the Gulf manage assets exceeding $ 1.4-trillion (U.S.), according to the Sovereign Wealth Fund institute……………………………………….Full Article: Source