AWAY FROM OIL SOVEREIGN WEALTH FUNDS INVESTMENTS IN THE WORLD

Away from oil sovereign wealth funds investments in the world

To shore up their balance sheets, Arab Gulf states are seizing the ability presented by high oil rates to boost their creditworthiness.The 2022-23 account surplus of the Gulf's petrostates marked a milestone estimated at two-thirds of a trillion dollars. In the past, most of this surplus would have gone directly into central banks' foreign exchange

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