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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

UAE assets to peak at $600bln

Posted on 02 November 2011

The UAE’s foreign assets were estimated at around $550 billion at the end of 2010 and they could soar to a record high of nearly $600bn at the end of 2010, according to a key western financial firm. The assets, controlled mostly by the Abu Dhabi Investment Authority (Adia), have already climbed close to $600 billion and could reach that level at the end of next year, the Washington-based Institute for International Finance (IIF) said in its latest semi annual report on the Middle East and North Africa………………………………………..Full Article: Source


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