17 Hrs
اقتصاد سكاي نيوز عربية
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اقتصاد سكاي نيوز عربية

2026-10-19T11:04:42.000Z

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Gold Gains on Oil Drop and Fed Hike Hopes

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اقتصاد سكاي نيوز عربية

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ADGM Draws 14 Firms with $5T Assets

ADGM Draws 14 Firms with $5T Assets

Statements from the Chairman of Abu Dhabi Global Market (ADGM) revealed that 14 international financial institutions, holding assets exceeding $5 trillion, announced plans during the first half of 2026 to establish their operations in Abu Dhabi. This reflects Abu Dhabi's attractiveness as an international financial hub, supported by a regulatory environment based on English law and high transparency. The emirate experienced an economic growth rate of 7% in 2025, with 8% growth in the non-oil sector, which accounted for more than half of the gross domestic product. Abu Dhabi aims to develop future industries such as artificial intelligence, energy, and advanced manufacturing, providing a long-term investment environment and competitive advantages to foster economic growth and expand opportunities for businesses.

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