GCC’s $5 trillion sovereign wealth assets boost investment appeal
The six-member GCC is described as an interconnected economic and investment body. Its economy ranks among the ten largest globally with a gross domestic product of 2.4 trillion dollars. Foreign trade for the bloc exceeds 1.8 trillion dollars. Sovereign wealth funds across the region hold assets worth 5 trillion dollars.
Six-member bloc is an “interconnected economic and investment body,” backed by a range of indicators that show the GCC’s economy as among the 10 largest in the world, with a gross domestic product (GDP) of $2.4 trillion and foreign trade surpassing $1.8 trillion, while the assets of sovereign wealth funds across the bloc are worth … The post GCC’s $5 trillion sovereign wealth assets boost investment appeal appeared first on Times Kuwait .