The United Arab Emirates has achieved a radical economic turning point, with the returns of its sovereign funds exceeding the state's oil revenues for the first time in its history. This landmark event reflects the successful diversification of the economy and a reduced dependence on hydrocarbons. The growth of sovereign funds strengthens the country's financial stability and creates a solid foundation for future investments and economic development.
UAE Sovereign Funds Revenue Surpasses Oil for First Time
The United Arab Emirates achieves a major economic milestone as sovereign fund returns surpass oil revenues for the first time.