Sovereign wealth
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UAE sovereign wealth fund overtakes Saudi Arabia's PIF with $29bn in deals
The UAE’s Mubadala was the world’s most active sovereign wealth fund in 2024, deploying $29.2bn in a massive spending spree that touched sectors from artificial intelligence (AI) and private credit to healthcare. Mubadala’s spending blowout accounted for roughly 20 percent of the almost $136.1bn spent by sovereign wealth funds worldwide…
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Click here to read the full story: Middle East Eye