According to data provided to Corriere della Sera by Global SWF, the seven Middle Eastern sovereign wealth funds (ADIA, ADQ, ICD, Mubadala for the Emirates, KIA for Kuwait, PIF for Saudi Arabia, and QIA for Qatar) invested nearly $120 billion in global acquisitions last year, 43% more than in 2024. And, if the pace of the first quarter continues in the coming quarters, 2026 promises to be another record year: between January and March, despite the conflict in Iran, the seven Gulf countries spent $25.9 billion, more than doubling what they spent during the same period in 2025. Obviously, the majority of this money goes to the United States, but Gulf investors are increasingly looking at Europe, including Italy. KPMG reports that between 2024 and March 2026, they executed 35 acquisitions in the country, spending around €3.2 billion. The number of Italian enterprises having Middle Eastern owners in the country has therefore climbed to almost 3,900, with around 780 of them being Israeli-owned. This list comprises a diverse range of firms, including hotel networks, infrastructure groups, real estate complexes, fashion houses, and fruit importers.