Jassem Al-Badawi: Gulf SWF Assets at $5.2T
The assets of Gulf sovereign wealth funds amounted to approximately $5.2 trillion, while the market value of the financial markets in the GCC countries reached around $4 trillion by the end of June 2026. The Secretary-General of the Gulf Cooperation Council, Jassem Mohammed Al-Badawi, highlighted the strength of the financial capabilities of the Gulf states, which enable them to fund long-term investments, support business growth, and strengthen sustainable economic partnerships with Asian countries. He affirmed that the Gulf-Asian cooperation includes key areas such as developing infrastructure and logistics services, expanding investment in digital infrastructure, and financial and banking collaboration, with the aim of boosting trade exchanges and achieving sustainable development.
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