Is Abu Dhabi's $100bn AI Capital Held or Deployed?
ADGM said the total includes MGX's $49 billion fund and a 54% rise in assets under management.
6 Articles
6 Articles
Is Abu Dhabi's $100bn AI capital held or deployed?
Abu Dhabi Global Market reported more than $100bn in AI-focused capital in its first-half results, alongside 54% growth in assets under management. The same release describes that sum as deployed from the centre in one place and held by entities in another, which are not equivalent claims. Roughly half the total is MGX, the state-backed […] This story continues at The Next Web
Abu Dhabi Global Market reported more than $100 billion in capital focused on artificial intelligence, but its own announcement mixes money deployed with funds held by central entities. MGX explains almost half of the figure, while other agreements expand a category whose breakdown is not yet public.
ADGM faces its first real stress test
Capital Letter is Frank Kane’s weekly series on Abu Dhabi’s money, power and ambition ADGM, the UAE capital’s financial hub, has become accustomed to reporting eye-catching growth numbers, but the latest may be the most significant yet. Assets under management increased 54 percent year-on-year in the first half of 2026. Its workforce grew 34 percent […]
ADGM AUM Rises 54% as Tech Investments Top AED 400 Million
Abu Dhabi Global Market (ADGM) recorded a 54% year-on-year rise in assets under management in the first half of 2026. Active licences across the centre climbed to almost 14,000. The number of fund and asset managers based in ADGM rose 23% to 190, while funds managed from the centre grew 32% to 276. Asset managers [...]
Global Abu Dhabi ADM grew strongly during the first half of 2026, with assets under management rising by 54 per cent compared to last year, reaching 49,027 employees.
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