Friday November 15th, 2024
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Abu Dhabi Leads Global Wealth With USD 1.7 Trillion in Sovereign Funds

Projections suggest that Abu Dhabi’s public capital, now at USD 2.3 trillion, is expected to grow to USD 3.4 trillion by 2030.

Scene Now UAE

A new global ranking released by Global SWF highlights Abu Dhabi as the wealthiest city in the world, managing USD 1.7 trillion in sovereign assets.

This vast wealth is overseen by various entities, including the Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company, Abu Dhabi Investment Council (ADIC), ADQ, Lunate, Abu Dhabi Fund for Development (ADFD), Tawazun Economic Council, and Emirates Investment Authority (EIA).

Abu Dhabi’s sovereign wealth is part of a broader institutional investment landscape that includes Central Banks, Public Pension Funds, and Royal Private Offices, helping solidify its global financial standing. Current projections suggest that Abu Dhabi’s public capital, now at USD 2.3 trillion, is expected to grow to USD 3.4 trillion by 2030.

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