Ahmed Adel’s Post

🌍 Abu Dhabi Recognized as the Wealthiest City in the World with $1.7 Trillion in Capital According to Global SWF, on October 8, Abu Dhabi became the world leader in Sovereign Wealth Fund (SWF) managed capital. As of October 2024, the total assets reached $1.7 trillion. This figure includes assets from funds such as ADIA, Mubadala, ADIC, ADQ, Lunate, ADFD, Tawazun, and EIA. 🗺 Top Cities by SWF Capital: Abu Dhabi Oslo (NBIM) Beijing (CIC) Singapore (GIC, Temasek) Riyadh (PIF) Hong Kong (SAFE IC) These six cities control two-thirds of global SWF capital — $12.5 trillion. 📈 The Future of Abu Dhabi: The city's public capital stands at $2.3 trillion, expected to grow to $3.4 trillion by 2030. Over the past decades, Abu Dhabi has become home to the largest institutional investors, including Central Banks (CBs), Pension Funds (PPFs), and Royal Private Offices (RPOs).

Abu Dhabi has ascended to the pinnacle of global wealth, earning recognition as the world's wealthiest city in terms of capital managed by its sovereign wealth funds (SWFs). According to a recent report by Global SWF, the UAE capital's SWFs collectively oversee a staggering $1.7 trillion in assets as of October 2024. This remarkable total is powered by key institutions such as the Abu Dhabi Investment Authority (ADIA), Mubadala (which includes the Abu Dhabi Investment Council and Mubadala Capital), ADQ (a part of Lunate), the Abu Dhabi Fund for Development, Tawazun (along with EDGE), and the Emirates Investment Authority. Hot on Abu Dhabi's heels is Oslo, whose Government Pension Fund manages over $1.6 trillion, making it a formidable player in the global financial arena. Other prominent cities like Beijing, Singapore, Riyadh, and Hong Kong also command significant portions of the world’s SWF capital, collectively managing a colossal $12.5 trillion in assets. Abu Dhabi’s ascent as a financial powerhouse reinforces its position as a hub of global investment and wealth management, contributing to the shaping of the world’s economic landscape. #AbuDhabi #SovereignWealthFunds #GlobalWealth #InvestmentPowerhouses #GlobalEconomy

Abu Dhabi has recently been recognized as the wealthiest city in the world, according to a new report by Global SWF, which highlights the immense assets managed by its sovereign wealth funds (SWFs). The UAE capital's SWFs collectively control a staggering $1.7 trillion in assets as of October 2024, solidifying its place at the top of the global financial landscape. This impressive figure is largely attributed to the work of several key investment entities, including the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (which is connected to Lunate), the Abu Dhabi Fund for Development, Tawazun (which also incorporates EDGE), and the Emirates Investment Authority. Together, these institutions play a crucial role in maintaining the city’s dominant financial standing. Not far behind, Oslo ranks second, with its Government Pension Fund managing an impressive $1.6 trillion. Other major cities such as Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, contributing to a total of $12.5 trillion in sovereign wealth fund capital worldwide. #AbuDhabi #GlobalFinance #SovereignWealth #InvestmentManagement

Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment #WealthManagement

Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment #WealthManagement

Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment #WealthManagement

Abu Dhabi has officially become the richest city in the world in terms of capital managed, holding US$ 1.7 trillion as of October 2024. This remarkable figure is derived from the assets managed by several key sovereign wealth funds (SWFs) such as Abu Dhabi Investment Authority (ADIA), Mubadala, ADQ, the Abu Dhabi Development Fund (ADFD), Tawazun Council, and the Emirates Investment Authority. The city’s dominance is highlighted by its surpassing of other global financial hubs like Oslo, Beijing, Singapore, Riyadh, and Hong Kong. The capital managed by Abu Dhabi’s SWFs does not include the additional US$ 344 billion overseen by the Royal Private Offices, which operate separately. According to Global SWF, Abu Dhabi’s public capital is projected to double and reach US$ 3.4 trillion by 2030. The reported USD 103 billion for Malaysia’s sovereign fund is incorrect; it should be around USD 340 billion. www.elzarshariah.com

Abu Dhabi has been recognized as the world's wealthiest city based on the capital managed by its sovereign wealth funds (SWFs), according to a recent report by Global SWF. The various SWFs based in the UAE capital manage an impressive $1.7 trillion in assets as of October 2024. This total includes the Abu Dhabi Investment Authority (ADIA), Mubadala (along with the Abu Dhabi Investment Council and Mubadala Capital), ADQ (part of Lunate), the Abu Dhabi Fund for Development, Tawazun (which includes EDGE), and the Emirates Investment Authority. Following closely behind is Oslo, with its Government Pension Fund managing over $1.6 trillion. Notable cities like Beijing, Singapore, Riyadh, and Hong Kong also feature prominently in the report, collectively overseeing $12.5 trillion in global SWF capital. #DailyMagazine #AbuDhabi #SovereignWealthFunds #GlobalEconomy #Investment

I'm looking forward to my visit to Abu Dhabi later this month. Capital investment from Sovereign Wealth Funds (SWFs) is an increasingly important component of Foreign Direct Investment. Abu Dhabi is the world’s richest city by SWFs, with US$1.7 trillion in assets under management as of October 2024. Oslo, Beijing, Singapore, Riyadh and Hong Kong make up the top 6. These six cities represent two-thirds of the wealth held by SWFs globally today, i.e., US$ 12.5 trillion. Is your Investment Promotion Agency effectively targeting FDI from SWFs? Can we help you get noticed? #SWF #SovereignWealthFunds #fdi #capital #funds #assetsundermanagement #AUM #abudhabi #InvestmentPromotion #foreigndirectinvestment