FILE PHOTO: A general view of the Abu Dhabi skyline is seen, December 15, 2009. REUTERS/Ahmed Jadallah
DUBAI: Abu Dhabi's financial centre, the Abu Dhabi Global Market (ADGM), said on Wednesday that the number of companies that set up base there grew 32% in 2023 from a year earlier, reaching a total of 1,825.
Assets under management rose by 35% as several investment firms and hedge funds established business in the financial centre, ADGM said in a statement, adding that a total of 102 asset managers managing 141 funds operated there as of the end of last year.
