Sovereign capital more than oil will define the Gulf's next decade
Every day, the headlines give us fresh reason to worry about the Middle East. Conflict continues in Gaza, shipping routes through the Red Sea have been disrupted, and tensions involving Iran, Israel and the US have escalated into open conflict. Oil prices fluctuate with every diplomatic statement, and markets react instantly to every new development. Investors and business people are right to be…
The Gulf region's sovereign wealth funds are evolving from passive custodians of oil wealth to active, strategic investors shaping industries and national capabilities. These funds, collectively managing over US$16 trillion, are now deploying capital to influence technologies such as artificial intelligence, biotech, healthcare, logistics, and finance.
The scale of this shift is unprecedented, with Abu Dhabi alone overseeing over US$2 trillion in assets. This transformation is driven by the region's ability to channel its state-backed capital into the future, moving beyond traditional investments in energy to focus on capital-intensive sectors that will define the next generation of growth.
Brief written by urgent.news from The National UAE's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
