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Sovereign wealth funds help GCC weather COVID, oil shocks

The sovereign wealth funds (SWFs) of Abu Dhabi, Kuwait and Qatar have underpinned the resilience of their sovereign ratings and economies despite lower oil prices and the coronavirus shock, said Fitch Ratings. The SWF assets of these countries are likely to even increase in 2020 due to supportive market returns,…

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Click here to read the full story: Gulf News

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