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Sovereign wealth funds from the GCC region reached their highest levels of global dealmaking in about 15 years, deploying $38.2bn across 58 different deals in the first half of 2024, according to the latest data from consultancy GlobalSWF.
State investors, notably Saudi Arabia’s Public Investment Fund, Abu Dhabi Investment Authority (ADIA), and Qatar Investment Authority (QIA), accounted for 54 per cent of the $96bn deployed by sovereign funds – the highest rate since 2009.
The wave of…