Sovereign wealth funds in the Middle East continue to outspend their global peers for the fourth consecutive year, accounting for around 40 percent of total investment flows, despite falling oil prices.
Estimates by Global SWF, a firm specializing in tracking sovereign wealth funds, showed that governments in the Middle East and North Africa spent about $56.3 billion during the first nine months of this year—close to the level recorded during the same period in 2024.
Mubadala Investment Company emerged as the largest spender with $17.4 billion invested from the beginning of the year until the end of September, followed by Abu Dhabi Investment Authority with $9.6 billion, and Qatar Investment Authority with $7.6 billion.