{
  "id": 9349155,
  "title": "State Street to open new operating centre in 2027 as Al Ain attracts global investment",
  "url": "https://urgent.news/2026/09/23/state-street-to-open-new-operating-centre-in-2027-as-al-ain-attracts",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-23T14:02:30.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/news/uae/2026/09/23/state-street-to-open-new-operating-centre-in-2027-as-al-ain-attracts-global-investment/"
  },
  "original_language": "en",
  "account": "State Street, a major US financial services firm, announced plans to open a new operating center in Al Ain, Abu Dhabi by the end of 2027. The company will hire 300 employees over a span of three years to support its expansion in the region. Jack Keshishian, State Street’s head of Middle East and North Africa, emphasized the company's long-term vision for the area, focusing on technology, artificial intelligence, client services, and operations. The centre will play a crucial role in supporting investors in Abu Dhabi and beyond. Ahmed Jasim Al Zaabi, chairman of the Abu Dhabi Department of Economic Development, highlighted that Al Ain has attracted over Dh128.5 billion in non-oil investment in recent years, citing sectors like transport, energy, and manufacturing as key contributors. He stressed that the value of investment lies not just in its size but in the opportunities it creates for local people and national talent. The company's decision to establish its operations in Al Ain was influenced by factors such as a robust regulatory framework, legal certainty, data availability, and a strong pool of skilled workers. State Street is also upgrading its Abu Dhabi Global Market licence and collaborating with local universities to provide career opportunities for graduates and interns. Meanwhile, Abu Dhabi Commercial Bank (ADCB) is also set to expand its workforce in Al Ain, aiming to double the number of employees in the region. The bank sees potential in various sectors, including manufacturing, food security, healthcare, aerospace, and advanced technology, and is catering to businesses looking to expand their operations in the area.",
  "summary": "US financial services company State Street plans to open its Al Ain operating centre by the end of next year and hire 300 people over three years as it expands its presence in Abu Dhabi . The company first announced plans for the centre in January, when it said more than 300 financial services jobs would be created over four years following an agreement with the Abu Dhabi Investment Office .…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The National UAE",
        "title": "State Street to open new operating centre in 2027 as Al Ain attracts global investment",
        "url": "https://urgent.news/2026/09/23/state-street-to-open-new-operating-centre-in-2027-as-al-ain-attracts-9349548",
        "published": "2026-09-23T14:02:30.000Z"
      }
    ]
  },
  "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."
}