{
  "id": 6269970,
  "title": "ADGM's workforce nears 50,000 as financial hub adds more asset managers",
  "url": "https://urgent.news/2026/09/08/adgms-workforce-nears-50-000-as-financial-hub-adds-more-asset-managers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T10:46:45.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/economy/2026/09/08/adgms-workforce-nears-50000-as-financial-hub-adds-more-asset-managers/"
  },
  "original_language": "en",
  "account": "Abu Dhabi's international financial hub, ADGM, has seen its workforce grow to nearly 50,000 professionals as more asset managers join the island city. Assets under management at ADGM surged by 54% annually in the first half of the year, with 49,027 experts now working at Al Maryah Island and Al Reem Island, up 34% from the same period last year. Active licenses have also risen to around 14,000, with 1,814 issued during the first half of the year, covering operating companies, financial institutions, and structures for deploying capital into and from Abu Dhabi. ADGM's chairman, Ahmed Al Zaabi, stated that the rapid growth signifies sustained international confidence in Abu Dhabi, aiming to cement its status as the \"capital of capital\" and become one of the world's top-five financial centers. Despite ongoing conflicts, ADGM has attracted major global companies such as private credit lender Blue Owl Capital, tech-focused US private equity firm Vista Equity Partners, and the world's largest listed hedge fund, Man Group. Asset managers establishing operations in ADGM in the first half of the year oversee over $2.1 trillion in global assets, while the number of funds at the hub increased by 32% year-on-year to 276. ADGM is also making strides in artificial intelligence, managing more than $100 billion in AI-focused investments and completing the first phase of AI implementation, reducing manual workload by over 5,000 staff hours annually. The financial hub plans to invest more than Dh400 million ($109 million) over the next several years to bolster data, governance, cybersecurity, and workforce capabilities to further scale AI responsibly.",
  "summary": "Abu Dhabi's financial centre ADGM said its workforce has risen to nearly 50,000 as the financial hub welcomed more asset managers in the first half of the year. Assets under management at ADGM grew 54 per cent annually in the first six months, with 49,027 professionals now based out of Al Maryah Island and Al Reem Island, an increase of 34 per cent on the same period last year. The number of…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The National Business",
        "title": "ADGM's workforce nears 50,000 as financial hub adds more asset managers",
        "url": "https://urgent.news/2026/09/08/adgms-workforce-nears-50-000-as-financial-hub-adds-more-asset-managers-6271887",
        "published": "2026-09-08T10:46:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}