Abu Dhabi Can Compete with London as a Global Hub
Abu Dhabi is on track to become a global financial center rivaling London and New York, according to billionaire Alan Howard.
Bloomberg reported that billionaire Alan Howard, who manages the largest hedge fund operating in Abu Dhabi, confirmed that the Gulf city is steadily progressing towards becoming a global financial center that can compete with Western hubs like London and New York. A few years ago, Howard believed that Abu Dhabi would become the 'third corner' alongside New York and London, but he now asserts that it is 'well on its way to achieving that'. His hedge fund currently employs 150 staff in the emirate, as he mentioned during Abu Dhabi Finance Week on Monday.
Sources & References
Editorial Note
Edited & Reviewed by the Ecopulse Editorial Board 1/24/2026, 21:26:28 UTC
Disclaimer
The content provided by EcoPulse24 is for informational and educational purposes only and does not constitute financial, investment, legal, tax, or any other type of professional advice. All opinions expressed are those of the EcoPulse24 editorial team and do not represent the views of any third-party data providers or institutions. Investments involve risk, including the possible loss of principal. Past performance is no guarantee of future results. Readers should conduct their own due diligence and consult qualified professional advisors before making any investment decisions. EcoPulse24 and its affiliates, editors, and contributors shall not be held liable for any errors, omissions, or any losses, injuries, or damages arising from the use of this information.
Please review the Terms & Conditions.
© 2025 EcoPulse24. All rights reserved.
Please review the Terms & Conditions.
© 2025 EcoPulse24. All rights reserved.