KTFA

Samson: Learn about the world’s largest Sovereign Wealth Funds

12th February, 2019

The Norwegian government pension fund, the sovereign wealth funds around the world after the value of assets to $ 1074.6 billion

The updated data showed Foundation SWF Institute specialized in the study of sovereign governments and investment funds, in its latest report for themonth of February, the Saudi Public Investment Fund maintained its position within the tenth largest sovereign funds in the world with assets stood at $ 360 billion

Crown Prince Mohammed bin Salman has said the fund aims to raise its assets by 2020 to nearly $ 600 billion

The Saudi Arabian Monetary Fund (SAMA) has maintained its sixth position in the world’s largest sovereign wealth fund with assets of $ 515.6 billion

According to data, the Norwegian government pension fund ranked first as the world’s largest sovereign fund, with assets rising by $ 16.6 billion to $ 1,074.6 billion

China Investment Company came second with assets of $ 941.4 billion and Abu Dhabi Investment Authority (ADIA) maintained its third position after its assets rose by $ 14 billion to $ 697 billion

Dubai Investment Corporation (DIC) came in 13th place with assets worth $ 233.8 billion
Saudi Arabia accounted for 10.8 percent of the world’s total sovereign wealth, equivalent to 875.6 billion dollars, while the UAE accounted for 14.6 percent of the world’s sovereign wealth, equivalent to 1190.8 billion dollars, according to the report   LINK

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Samson:  Iraq and Iran agree to activate a memorandum on tourism and relics

2019/2/12 0:56

Minister of Culture, Tourism and Antiquities Abdul-Amir Al-Hamdani and Iranian Vice President agreed to activate the memorandum of understanding in the tourism and archeological sectors between the two countries.”

The two sides agreed to activate the memorandum of understanding in the tourism and archeology sectors and to activate the memorandum of understanding in the tourism and archeology sectors,” the statement said . Other aspects of the important agreements, especially those related to religious tourism.

The al – Hamdani, arrived yesterday to the Iranian capital Tehran to participate in the traditional tourism industries and the World Conference in addition to the annual meeting of the Organization of the Global tourism.   LINK