Abu Dhabi has been declared the wealthiest city globally in terms of capital managed by its Sovereign Wealth Funds (SWFs), according to a report released on October 8 by Global SWF. The UAE capital leads the list with a staggering US$ 1.7 trillion under management, encompassing assets held by ADIA, Mubadala, ADIC, ADQ, Lunate, ADFD, Tawazun, and EIA.
This wealth ranks Abu Dhabi ahead of other major cities like Oslo, Beijing, Singapore, Riyadh, and Hong Kong, which collectively hold two-thirds of the global SWF capital, amounting to US$ 12.5 trillion. The city’s public capital is projected to grow further, potentially reaching US$ 3.4 trillion by 2030.
In addition to its SWFs, Abu Dhabi’s financial strength is bolstered by central banks, public pension funds, and royal family-linked private offices. The Global SWF report provides an in-depth analysis of the emirate’s financial ecosystem and its significant impact on both local and international markets.
