Saudi Arabia's sovereign wealth fund and five regional counterparts are projected to control $18 trillion in assets by 2030, a 50% increase from 2024, according to Deloitte Middle East. The Gulf region currently holds about 40% of global sovereign wealth fund assets, solidifying its position as a dominant force in the market. The report also highlighted that Gulf SWFs maintained an 'aggressive investment pace,' deploying $82 billion in 2023 and an additional $55 billion in the first nine months of 2024. Gulf wealth funds are increasingly focusing on fast-growing countries in Asia and eyeing opportunities in Africa, particularly in the mining industry.