ADGM assets jump 54%, workforce nears 50,000

The NationalParty-alignedCenter10 days ago

Abu Dhabi Global Market (ADGM), the financial center of the UAE, reported significant growth in its workforce and assets under management during the first half of 2026. The workforce reached nearly 50,000 professionals, marking a 34% increase compared to the previous year. Assets under management grew by 54%, with over $2.1 trillion managed by firms based in ADGM. The number of active licenses increased to around 14,000, including new issuances from major global institutions like BlackRock, State Street, and PGIM. ADGM also highlighted advancements in AI implementation, with over $100 billion invested in AI-focused projects and plans to spend over $109 million on expanding AI capabilities by 2029.

Bias read (Center): The article presents factual developments in ADGM's growth without overtly favoring any political ideology. It reports on economic expansion, institutional investments, and technological progress without taking a clear stance on policy debates or ideological positions. While the subject involves a U

Gulf NewsParty-aligned🔒Center10 days ago

The article reports on the growth of the Abu Dhabi Global Market (ADGM), highlighting a 54% increase in assets managed from the financial center in the first half of 2026. The workforce has grown to nearly 50,000, with over 4,688 additional professionals since the previous period. ADGM also saw an increase in active licenses, fund managers, and operational entities, with over $2.1 trillion in assets under management. Major financial institutions such as Capital Group, Man Group, and others have expanded their presence in ADGM. The financial center is investing heavily in AI, with over $100 billion in AI-focused capital deployed by institutions within its jurisdiction. ADGM aims to solidify its position as a leading international financial center.

Bias read (Center): The article presents factual data about the economic development and expansion of ADGM, focusing on quantitative growth metrics and institutional activity. There is no overt ideological framing or emphasis on specific political agendas. The tone remains neutral, presenting information without clear左