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FACTBOX-Arab states' over $319 bln in equity stakes in focus

Published 03/04/2011, 07:42 AM
Updated 03/04/2011, 07:44 AM

LONDON, March 4 (Reuters) - Middle Eastern and North African states hold at least $319 billion worth of stakes in publicly listed companies either directly or through investment funds and their rulers, data from Thomson Reuters Ownership shows.

Countries in the region could cash in on some of these assets as they step up efforts to redistribute wealth to appease their restive citizenry.

The data excludes Tunisia where many companies were privately controlled by the extended family of former President Zine al-Abidine Ben Ali. Figures for Egypt also exclude companies owned by the army.

For an interactive graphic showing a country-specific breakdown by sector of these holdings, please click on: http://graphics.thomsonreuters.com/11/03/ME_GVTHLDG0311_VF.html

The following are the equity holdings held by each country:

in US$ millions (valued as at March 2) Bahrain

Ruler 5,216.9

Egypt

Government 15,653.5 Jordan

Ruler 6,214.2 Kuwait

Kuwait Investment Authority 15,131.6

Royal family 833.6

Ruler 12,727.1 Libya

Government 1,832.2

Libyan Investment Authority 1,545.0

Ruler 1,338.7 Morocco

Government 4,549.2 Oman

Ruler 2,953.9

State General Reserve Fund 89.6 Qatar

Qatar Investment Authority 21,666.6

Ruler 39,630.2 Saudi Arabia

Ruler 143,582.7

Saudi Arabian Monetary Agency 6,764.6

Government 25.3 United Arab Emirates

Ruler of Fujairah 548.8

Ruler of Sharjah 536.5

Abu Dhabi Investment Authority 1,108.1

International Petroleum Investment 9,505.3

Mubadala Development 407.1

Ruler of Abu Dhabi 15,458.5

Ruler of Ajman 83.6

Ruler of Dubai 9,848.1

Ruler of Ras Al-Khaimah 1,177.4

Ruler of Umm Al-Qaiwain 408.3 (Thomson Reuters Ownership data compiled by Andrew Jones, writing by Sebastian Tong; editing by Ron Askew)

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