The state-owned investment entities in the United Arab Emirates manage assets totaling 10.75 trillion dirhams, positioning them as the fourth largest sovereign investor globally by 2025, according to the annual report from Global SWF.
Sovereign funds in the United States lead the global asset management rankings with $13.2 trillion, followed by China with $8.22 trillion, Japan with $3.84 trillion, and the UAE with $2.93 trillion, with Norway rounding out the list at $2.27 trillion.
Abu Dhabi Investment Authority (ADIA) ranks seventh globally among these funds, boasting assets of 4.33 trillion dirhams (approximately $1.18 trillion).
As per the report, Mubadala Investment Company has retained its position as the most active fund for the second consecutive year, engaging in a record 40 transactions that totaled 120 billion dirhams ($32.7 billion). Additionally, it allocated 47.3 billion dirhams ($12.9 billion) towards artificial intelligence and digital transformation initiatives.
The report identified the largest state-owned institutions by asset volume, which include ADIA at 4.33 trillion dirhams (1.18 trillion dollars), Dubai Investment Corporation at 1.57 trillion dirhams (429 billion dollars), Mubadala at 1.31 trillion dirhams (358 billion dollars), ADQ at roughly 921 billion dirhams (251 billion dollars), Emirates Investment Authority at 609 billion dirhams (116 billion dollars), Dubai Investment Fund at 293 billion dirhams (80 billion dollars), and Dubai Holding at 264 billion dirhams (72 billion dollars).
In 2025, the UAE ranked as the fifth largest recipient of sovereign fund investments, securing $9.9 billion, an increase from $7.9 billion in 2024. The United States topped the list with $131.8 billion, followed by the United Kingdom with $25.8 billion, Germany with $18.8 billion, and Canada with $17.7 billion.
The report indicated that the three funds together invested over $7.1 billion in artificial intelligence, with Mubadala contributing around $4.9 billion, ADIA 1.2 billion dollars, and ADQ approximately 1 billion dollars.
The combined total for digital investments from these funds reached about $23.6 billion, distributed as follows: Mubadala at $12.9 billion, ADIA at $9.1 billion, and ADQ at $1.6 billion.