Where will Gulf sovereign wealth funds focus their security investments?

Sovereign wealth funds have long been used to support economic diversification but they are now increasingly playing a wider strategic role. As Gulf governments invest in sectors linked to national security, where that money goes can also reveal how they are positioning themselves for future challenges. In the first half of 2026, regional sovereign wealth funds invested a record $53.9 billion across 108 deals. Nearly half of that capital went to the US, while China and the UK were the second and third-largest destinations.