UAE - Mubasher: Abu Dhabi Investment Authority was placed in the third position among the world's top 88 largest sovereign wealth funds in July and the first in the Arab region, with total assets worth $579.6 billion.
Norway Government Pension Fund Global topped the Sovereign Wealth Fund (SWF) Institute's list with total assets valued at $1.186 trillion, followed by the China Investment Corporation with $940.6 billion assets.
Meanwhile, the Kuwait Investment Authority was ranked fourth in the list with $533.65 billion assets, while Saudi Arabia's Public Investment Fund (PIF) was placed in the eighth position with $360 billion assets.
Investment Corporation of Dubai was the tenth in the list with $305.2 billion assets.