Major Gulf sovereign wealth funds are stepping into one of the world’s largest media deals, committing nearly $24 billion to support an $81 billion acquisition in the global entertainment industry.

Funds from Saudi Arabia, Qatar, and Abu Dhabi are participating in the deal, highlighting the region’s growing influence in global investment markets. The investments are structured as minority stakes, allowing participation without regulatory complications.

This move reflects a broader trend of Gulf countries diversifying their portfolios beyond oil into media, technology, and global infrastructure. Analysts say such investments strengthen the region’s financial position and global economic influence.

Source : Wall Street Journal.