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Abu Dhabi The Destination of Choice for Global Players With ADGM's Record-Breaking Numbers for First Half of 2023

PRNewswire Abu Dhabi [UAE], September 15: Abu Dhabi, the capital of the United Arab Emirates, has continued to attract major global and regional players to its International Financial Centre (IFC), Abu Dhabi Global Market (ADGM). A strong performance during the first half of 2023 (H1 2023) by ADGM has demonstrated significant growth across various aspects, setting a positive tone for the rest of the year and continuing its contribution to positioning Abu Dhabi as a leading financial powerhouse and a 'falcon economy'. Strengthening Abu Dhabi's Position as the GCC's Financial Powerhouse Recent numbers showcase several investment firms and hedge funds setting up within ADGM; reaching a total of 102 asset managers operating in ADGM and managing 128 funds, contributing to Abu Dhabi's leading position in the asset management sector.ADGM's assets under management (AUM) highlighted a year-on-year record growth of 35% as of June 2023. Another plug-in to this sector was t ....

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