Why ADGM is attracting global asset managers Abu Dhabi is positioning itself as a major hub for international asset managers and hedge funds, challenging Dubai’s long-standing dominance in the region. The emirate currently ranks second in the Middle East and Africa and 35th globally on the Global Financial Centres Index (GFCI 36). Dubai International Financial Centre (DIFC) remains the Gulf region’s powerhouse; in 2024 alone, over 260 banking and capital market firms, 410 wealth and asset