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Point72, State Street, Blue Owl join race to Dubai

Emirate is now home to 370 investment firms after a first-quarter influx

The Middle East is trying to lure talent from traditional finance to rival other global hubs
The Middle East is trying to lure talent from traditional finance to rival other global hubs Photo: Getty Images

Point72, State Street and Blue Owl Capital have joined a host of leading finance names setting up shop in the Middle East, as an influx of talent to the region continued in the first quarter.

There are now 370 wealth and asset management firms registered in the Dubai International Financial Centre, including 50 hedge funds, according to a 14 May announcement from the economic zone.

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