2024: Abu Dhabi Global Market records 20.5% growth in new licences, 226% surge in AUM, boosting non-oil economy.

The Abu Dhabi Global Market (ADGM) recorded strong growth in the first half of 2024, with a 20.5% increase in new licences (1,271) and a 226% surge in assets under management (AUM) compared to the same period in 2023. The growth has bolstered Abu Dhabi's non-oil economy, with the financial sector contributing 9.7% in Q1 2024. The financial center has attracted major investment firms, talent, and partnerships, solidifying its position as a regional financial hub.

August 14, 2024
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