Jamal bin Saif Al Jarwan, Secretary-General of the Emirates Council for Investors Abroad, revealed that the total value of Emirati investments abroad reached $2.5 trillion by the beginning of 2024.
Al Jarwan stated that the UAE ranked first in the Arab region and at the level of West Asia, 15th globally in the size of investment assets, and second globally in investing in new opportunities.
He explained that the United States topped these investments globally, with a value of $115 billion, while Egypt and Morocco topped the list of the largest investment destinations among Arab countries, with a value of $65 and $30 billion, respectively, according to Al Jarwan’s statements to the Emirates News Agency (WAM).
The United Kingdom and the Republic of India ranked third (after the United States and Egypt) with Emirati investments worth $40 billion each in terms of direct investment.
He continued: We currently work in 90 countries, and I expect that India, Indonesia, ASEAN countries, Egypt, Morocco, Central Asian countries, Britain, France, Germany, America, Canada, and some Eastern European countries, especially Serbia, Greece, and Turkey, will be our focus.
He stated that the UAE has 7 sovereign funds, with investment assets exceeding two trillion dollars, representing 72% of total investment assets, followed by government and semi-government companies at 18%, UAE banks at 2.5%, in addition to 7.5% for family and private companies.
The most prominent UAE sovereign funds are: Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company, Investment Corporation of Dubai, Emirates Investment Authority, and Abu Dhabi Holding (ADQ).
