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Kuwait Sovereign Fund ranks fifth in world, 2nd regionally

The latest update of the values of assets compiled by the International Institute of Global Sovereign Funds indicates the Kuwaiti Sovereign Fund (Al- Ajyal Fund) has increased to about $803 billion from $750 billion last April, reports Al- Qabas daily.

Thus the “Ajyal Fund” stands fifth in the world and second in the Arab world after the Abu Dhabi Investment Authority, which takes the top spot among Arab countries and fourth in the world, with an asset value of $853 billion bringing the difference between the Ajyal Fund and ADIA to $50 billion

Link: https://www.zawya.com/en/wealth/funds/kuwait-sovereign-fund-ranks-fifth-in-world-2nd-regionally-gwh85cpk

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