It is one of the world's smaller sovereign wealth funds.

Otherwise countries will deal with these sovereign wealth funds at a national level.

He said that there are sovereign wealth funds around the world who would be prepared to pay for the project.

A Chinese sovereign wealth fund is about to receive a further $50bn.

He will also say that more money from the region's sovereign wealth funds would be welcomed.

The sovereign wealth fund owns a 1.7pc stake in the oil major.

The capital that sovereign wealth funds bring to the global market is needed to keep investment flowing.

There is still not complete clarity about the political involvement in these sovereign wealth funds.

However, just like private venture capital, sovereign wealth funds can cover up exactly who the entrepreneur is.

At the time, it was unprecedented for a non-commodity-based economy to have such a sovereign wealth fund.