You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Badri Ariffin
The Abu Dhabi Global Market (ADGM), recognized as the international financial center of Abu Dhabi, has bolstered its global presence by participating in the Milken Institute Global Conference 2026 in Los Angeles, thereby reinforcing Abu Dhabi's status as a preeminent global financial hub.
This development follows a prolific month for ADGM, during which eight significant international financial organizations, collectively overseeing assets worth US$4.4 trillion, declared intentions to set up operations in Abu Dhabi.
The delegation from ADGM was led by Ahmed Jasim Al Zaabi, its Chairman. Throughout the conference, senior officials from ADGM engaged with global policymakers, institutional investors, and prominent asset managers to delve into Abu Dhabi’s escalating significance in global finance, investment prospects, and international collaborations.
During the event, Al Zaabi emphasized that the UAE attracts international investors due to its stable and forward-thinking financial landscape. He articulated that ADGM is dedicated to nurturing enduring partnerships with global financial entities and fostering a dependable ecosystem upheld by transparent regulations and robust international connectivity.
He indicated that ADGM aims to rank among the top five financial centers worldwide and continues to see a surge of interest from global asset managers seeking to venture into the region.
Al Zaabi also participated in an insightful discussion with Alan Schwartz, Executive Chairman of Guggenheim Partners, focusing on global financial innovation and the transformative economic landscape of Abu Dhabi.
He remarked that the economic resilience of the UAE stems from foresighted planning and diversification strategies, rather than short-term measures. Al Zaabi revealed that ADGM issued 284 new licenses in March 2026, a notable increase from 270 licenses in the same month last year, representing a 5.2 percent growth.
Furthermore, he stated that ADGM is constructing a future-ready financial center characterized by global connectivity, institutional robustness, and long-term capital opportunities, thereby reinforcing Abu Dhabi’s vision as the “Capital of Capital.”
Several prominent investment firms have recently unveiled their expansion strategies within ADGM’s jurisdiction, including Muzinich & Co., Hillhouse Investment Management, Barings, and Bain Capital.
Additionally, Hashed Global Management Limited and Rokos Capital Management received approval from ADGM to offer financial services. Meanwhile, Capital Group and Man Group have announced their plans to open offices in Abu Dhabi.
At the Milken conference, ADGM facilitated over 50 high-level meetings with significant global institutions, such as Blackstone, Carlyle Global Investment Management, Coinbase, and Guggenheim.
The discussions revolved around investment collaborations, market entry opportunities in Abu Dhabi, and the advantages of ADGM’s forward-thinking regulatory framework and international business connectivity.
Through promoting innovation, attracting global investments, and adhering to international financial benchmarks under the application of English Common Law, ADGM continues to play a pivotal role in supporting Abu Dhabi’s economic vision.
#world news #Global News #UAE News #Abu Dhabi News #Abu Dhabi
Malaysia Jobless Rate Stable at 2.9pc
Malaysia’s labour market stayed steady in March 2026 as employment and workforce participation conti
Singapore Woman Jailed After AI Theft Detection
Facial recognition technology at a Singapore supermarket helped identify and arrest a woman accused
Indonesia Faces Measles Surge Amid Vaccine Fear
Misinformation about vaccine side effects spreads across social media as Indonesia records rising me
Indonesia Uses Prison Kitchens for Free Meals
Indonesia plans to involve prisons and inmates in preparing free meals for schoolchildren under a na
Pakistan Army Chief Issues Fresh Threat to India
Pakistan Army Chief Asim Munir warns of severe consequences in any future conflict while recalling O
173 Indians Held in Sri Lanka Cyber Crackdown
Sri Lankan police arrested 198 foreigners, including 173 Indians, during a major cybercrime operatio