SOFAZ Boosts Investments Across Persian Gulf States

The State Oil Fund of the Azerbaijan Republic (SOFAZ) has recently invested around $900 million in countries of the Persian Gulf.

Most of the investments were directed into sovereign bonds, corporate and government-guaranteed instruments, infrastructure projects, as well as the education sector and the real economy, The Caspian Post reports via local media.

In Kuwait, Qatar, and Saudi Arabia, investments were mainly made through sovereign debt instruments, with approximately $300 million invested in Saudi government bonds alone.

SOFAZ highlighted that a recent visit by a delegation led by Executive Director Israfil Mammadov to Saudi Arabia was important for exploring new markets and partnership opportunities, identifying mutual interests, and establishing institutional dialogue for future cooperation.

Such engagements help expand its international investment geography and facilitate the development of projects with long-term strategic value.

In line with its investment policy, all potential projects undergo multi-stage evaluation, including technical, financial, legal, risk, and compliance assessments. This approach reflects SOFAZ’s long-term mandate and aims to maintain a balanced risk-return profile under prudent investment principles.

SOFAZ said it continues regularly assessing new investment opportunities in the Gulf region in line with its strategic objectives.

As of October 1, SOFAZ’s assets totaled $70.16 billion, up 16.9 per cent compared to January 1, 2025. Over the year, the fund’s investment portfolio grew by 14.7 per cent, or $8.97 billion.