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Abu Dhabi in talks to attract 125 firms as banks and funds rush to region

Hedge funds such as TCI Fund Management and Brevan Howard launched in Abu Dhabi last year

Abu Dhabi Global Market attracted a slew of financial services firms in 2023
Abu Dhabi Global Market attracted a slew of financial services firms in 2023 Photo: Handout

Abu Dhabi’s financial centre is in discussions with 125 global firms, including hedge funds and asset managers, that are looking to launch in the Gulf emirate.

The number of firms registered with Abu Dhabi Global Market surged to 1,825 in 2023, from 1,378 in 2022, a jump of 32% year-on-year, the financial centre said in a 6 March statement.

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