Abu Dhabi’s sets sights on rivalling New York, London, and Singapore

Abu Dhabi. Photographer: Vidhyaa Chandramohan/Bloomberg via Getty Images

Over the last decade, Abu Dhabi has attracted more than 300 financial firms, with a combined $28.6 trillion in assets globally, as the city positions itself as a global “capital of capital.”

ADGM, Abu Dhabi’s international financial centre, revealed it has experienced rapid growth from financial firms over the last three years, increasing from 131 at the end of 2021 to 308 as of H1 2025.

The financial firms that the region has attracted include BlackRock, State Street Global Advisors, PGIM, Nuveen, Carlyle, Apollo, and UBS. The 135 per cent growth over 42 months has made ADGM one of the world’s fastest-growing financial hubs in recent years.

ADGM, which celebrated its 10th anniversary, noted that it had a record H