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KUWAIT CITY, May 20: The Gulf region stands as the epicenter of the world’s largest pool of sovereign wealth fund capital, boasting assets held by the 19 sovereign wealth funds of the Gulf Cooperation Council (GCC) that soared to a historic peak of $4.1 trillion by the conclusion of 2023, reports Al-Qabas daily. Projections suggest this figure could escalate to a staggering $7.6 trillion by 2030, according to certain expectations.
A recent report from Al-Monitor underscores the concerted…