UAE ranks third globally in sovereign wealth assets, right behind US, China

Dubai: The UAE now ranks third globally in terms of total sovereign wealth and public pension assets, according to the Global SWF mid-year report for 2025.

The UAE holds a combined $2.49 trillion (Dh9.17 trillion) in sovereign-owned investor (SOI) assets, making it the largest holder in the Middle East and third worldwide — behind only the United States with $12.12 trillion, and China, with $3.36 trillion.

Sovereign-owned investors include both sovereign wealth funds (SWFs) and public pension funds. The UAE’s position reflects the performance of a wide network of government-owned investment institutions.

Leading the way are the Abu Dhabi Investment Authority (ADIA), Mubadala Investment Company, ADQ, and the Investment Corporation of Dubai. Other contributors include the Emirates Investment Authority, Sharjah Asset Management, RAK Investment Authority, and Dubai World, among others.

These entities manage highly diversified global portfolios spanning sectors such as energy, infrastructure, technology, logistics, and increasingly, clean energy, AI, biotechnology, and sustainable industries.

The UAE’s rise in the rankings reflects its long-term economic planning and proactive fiscal strategy. Sovereign wealth funds have been central to the country’s transition toward a more diversified, post-oil economy. This strategy includes increasing participation in global capital markets and forging strategic investment partnerships around the world.

The Global SWF report also lists Japan ($2.22 trillion), Norway ($1.9 trillion), Canada ($1.86 trillion), Singapore ($1.59 trillion), Australia ($1.53 trillion), Saudi Arabia ($1.53 trillion), and South Korea ($1.17 trillion) among the top global holders of SOI assets.

As the UAE continues to expand its international investment footprint, its sovereign wealth entities are expected to remain key players in shaping future global investment flows.