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ADGM Reinforces Abu Dhabi’s Standing as a Global Financial Hub with 54% Growth in AUM and Almost 14,000 Active Licences

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ABU DHABI, UAE, Sept. 8, 2026 /PRNewswire/ — ADGM, the international financial centre of Abu Dhabi, delivered strong growth in the first half of 2026, with Assets Under Management rising 54% year on year and its workforce reaching 49,027 professionals. Meanwhile, the number of active licences also climbed to almost 14,000.

The results reflect the continued expansion of capital, business activity and talent across ADGM, as global institutions increasingly structure, deploy and manage investment through Abu Dhabi. These results reinforce Abu Dhabi’s growing position as the leading global financial hub of the MEASA region and the “Capital of Capital.”

Commenting on another record performance by ADGM, His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM, said, “ADGM is championing Abu Dhabi’s long-term economic vision and cementing its growing influence as the centre of global capital flows. The scale of growth we are witnessing across capital, institutions, businesses and talent demonstrates sustained international confidence in Abu Dhabi as a stable, trusted and globally connected financial hub. Whether it is capital, opportunity or ambition, Abu Dhabi is increasingly becoming the place where all these factors converge seamlessly and meaningfully. Through ADGM, we are building on this momentum, reinforcing Abu Dhabi’s position as the Capital of Capital and advancing our ambition to become among the world’s top five leading international financial centres.”

ADGM’s asset management ecosystem has sustained its strong momentum in 2026. AUM within ADGM increased 54% in H1 2026 compared to H1 2025, extending an unbroken run of growth since the start of 2022.

The number of fund and asset managers based in ADGM reached 190, up 23% from 154 in H1 2025, with 11 managers added in the second quarter alone, ADGM’s strongest quarterly increase. The number of funds managed from ADGM rose to 276, representing a 32% increase from 209 funds in H1 2025.

Collectively, the asset managers that established operations in ADGM during H1 2026 oversee more than USD 2.1 trillion in global assets under management, underscoring Abu Dhabi’s growing appeal as a destination for international investment firms.

ADGM continued to experience strong business activity during H1, with the total number of active licences reaching 13,974, making it the largest IFC in the MEASA region by this key indicator. Of these, 1,814 licences were issued during the period.

Operational entities reached 3,986, representing a 34% rise from 2,972 at the end of H1 2025, highlighting the continued evolution of ADGM from a destination for business establishment into an increasingly deep and active financial ecosystem.

ADGM’s financial services ecosystem continued to deepen in H1 2026. The number of financial services entities operating within the jurisdiction surged to 392 in H1 2026, up 27% from 308 at the end of H1 2025.

Meanwhile, the Financial Services Regulatory Authority (FSRA) issued a total of 50 In-Principle Approvals for financial services firms, while 45 new Financial Services Permissions were granted.

Major financial firms establishing, launching or expanding their presence during the first half of the year included Capital Group, Man Group, Barings, Bain Capital, Hillhouse Investment, Muzinich & Co., Madison Realty Capital, Grow Investment Group, Rokos Capital Management, Polygreen Holdings, Hashed, Cantor, Bitexen MENA, Bitexen Custody, Copper ME, Blue Owl and Dhabi, among others.

The continued growth of ADGM’s ecosystem is being matched by significant growth in its talent base.

At the end of H1 2026, the combined workforce across Al Maryah Island and Al Reem Island reached 49,027 professionals, an increase of 4,688 in the first half of 2026 alone. This represents an increase of 34%, compared to the same period last year.

ADGM Academy continued to advance Abu Dhabi’s national talent and knowledge agenda during H1 2026, training 1,607 Emirati nationals and expanding pathways to employment through its partnership with the Mawaheb Talent Hub, backed by the Department of Government Enablement. Its national development efforts included graduating a third cohort of 28 young Emiratis, selecting 15 UAE Nationals for the World Bank Group Explorers Program.

The Academy also launched the Wealth Management Institute WMI School of AI, training over 544 UAE Nationals in agentic AI, alongside three new flagship programmes focused on family offices and wealth management.

ADGM has become the jurisdiction of choice for institutions deploying capital into artificial intelligence, with more than USD 100 billion in AI-focused investment now held by entities established in the financial centre.

That concentration is anchored by MGX, the global investment platform focused on large-scale deployment of capital into artificial intelligence infrastructure and advanced technologies, which is licensed by ADGM’s FSRA.

During the first half of 2026, the financial centre completed the first phase of its artificial intelligence implementation, deploying 25 business functions with AI across licensing, supervision and customer service. The rollout has reduced manual workload by more than 5,000 staff hours annually, accelerated approval timelines and enabled approximately 25% of customer enquiries to be resolved instantly through digital channels. 

Alongside these deployments, ADGM is strengthening the data, governance, cybersecurity and workforce foundations required to scale AI responsibly.

Under a technology roadmap extending to 2029, ADGM will invest more than AED 400 million to expand these capabilities, positioning the centre to regulate and serve an increasingly AI-driven financial industry. 

ADGM has continued to deepen its international engagement this year. During the first half, ADGM expanded its outreach across key Asian markets including China, India and Singapore, while a strategic partnership with Shenzhen’s Futian District. A strategic engagement with Italy, led by ADGM’s Chairman, supported increased collaboration across investment, financial services and institutional partnerships.

ADGM also maintained a prominent presence in the US through its participation in the Milken Institute Global Conference 2026, where engagements with leading global financial institutions, including Bain Capital, Vista Equity Partners and Man Group, explored opportunities for deeper collaboration and expansion within Abu Dhabi’s financial ecosystem.

ADGM also advanced a series of regulatory enhancements during H1 2026. The Registration Authority of ADGM introduced an integrated suite of real estate services, alongside the launch of a new Broker Classification Framework. The RA also published a discussion paper seeking stakeholder feedback on proposed guidance for crypto mining activities as well as amendments to ADGM’s commercial legislation to enhance regulatory clarity, strengthen beneficial ownership requirements.

The Financial Services Regulatory Authority (FSRA) of ADGM advanced enhancements to its regulatory framework for insurance, aligning with International Association of Insurance Supervisors standards, and introducing requirements for the management of climate-related financial risks by relevant firms. It also finalised its regulatory framework for the staking of virtual assets, and finalised enhancements to ADGM’s anti-money laundering framework to reflect developments in federal legislation and the recommendations of the Financial Action Task Force (FATF).

The first half also witnessed updates to the published Anti-Money Laundering and Sanctions Rulebook in May 2026.

International regulatory cooperation also remained a priority, with the FSRA signing an MoU with Greece’s Hellenic Capital Market Commission (HCMC), Virtual Asset Regulatory Authority (VARA), Shenzhen’s Futian District, and the Central Bank of Brazil.

ADGM Courts’ record-breaking caseload in 2026 reflects growing confidence in its independent, internationally recognised judicial framework. By July 1, ADGM Courts had already exceeded its total caseload for the whole of 2025 and is tracking to more than double last year’s caseload.

Moreover, the International Arbitration Centre Alliance launched its Global Passport, enabling recognised members of participating international dispute resolution centres to access shared facilities and services across jurisdictions.

As it builds on the momentum achieved during the first half of 2026, ADGM remains focused on strengthening Abu Dhabi’s position as the ‘Capital of Capital’ and enabling sustainable economic diversification.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/adgm-reinforces-abu-dhabis-standing-as-a-global-financial-hub-with-54-growth-in-aum-and-almost-14-000-active-licences-302872421.html

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SiriusXM Names Sean Gibbons Chief Product and Technology Officer

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Longtime SiriusXM leader will advance the Company’s product experiences and technology strategy 

NEW YORK, Sept. 8, 2026 /PRNewswire/ — SiriusXM (NASDAQ: SIRI) today announced that Sean Gibbons has been promoted to Senior Vice President, Chief Product and Technology Officer, reporting to Chief Executive Officer Jennifer Witz and joining the Company’s Executive Leadership Team. In this role, Gibbons will lead product and technology across SiriusXM and Pandora, with responsibility for product strategy and development, technology platforms and engineering, automotive and streaming distribution partnerships, and advertising technology.

“Sean has helped shape SiriusXM through some of our most important product and technology transformations, including the development and successful rollout of SiriusXM with 360L,” said Jennifer Witz, Chief Executive Officer, SiriusXM. “He brings more than two decades of experience, deep knowledge of our business and a strong track record of bringing together teams, technology and partnerships to deliver for consumers. Sean is a highly respected leader and the right person to help us accelerate innovation, improve the customer experience and advance the products, platforms and partnerships that will support our growth.”

Gibbons’ key priorities will include advancing SiriusXM with 360L and the Company’s next generation of in-car experiences; shaping the long-term technology roadmap supporting SiriusXM’s satellite, broadcast and streaming platforms; applying AI to improve personalization, discovery and customer service; and creating more dynamic, connected and participatory experiences across SiriusXM’s in-vehicle and streaming platforms.

“SiriusXM has a unique set of assets and a tremendous opportunity to make them work together even more powerfully for listeners,” said Gibbons. “We can pair the reach and reliability of satellite with the flexibility of streaming and the intelligence of AI to make it easier for people to discover what they love, stay connected wherever they listen and participate more deeply in the content and moments that matter to them. I’m excited to take on this role and help shape the next generation of the SiriusXM experience.”

Gibbons joined Sirius in 2000, before the company’s first satellite launch, and has held leadership roles spanning product management, engineering, automotive, streaming, content technology and strategic partnerships. During his tenure, he established SiriusXM’s first formal Product Management organization and later founded and led its first Streaming organization, expanding the SiriusXM experience across mobile, web and connected-home platforms.

Most recently, Gibbons led SiriusXM’s Automotive organization, bringing together product, user experience, engineering and automotive partnerships to advance the company’s in-vehicle experiences and relationships with leading automakers. Across more than two decades at SiriusXM, he has played a central role in many of the Company’s most significant product and technology transformations, including its evolution toward connected, software-defined vehicle experiences and hybrid satellite-and-IP services.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America, with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a complete ecosystem of advertising solutions through SiriusXM Media and AdsWizz. SiriusXM offers live, on-demand, and human-curated programming across music, talk, news, sports, and podcasts, and the company reaches approximately 255 million monthly listeners across its platforms. With deep automotive manufacturer relationships and unique spectrum assets, SiriusXM is built to reach listeners wherever they are. The company connects fans to the voices, creators, and moments they love – creating communities where listeners engage, participate, and belong. For more about SiriusXM, please go to: https://www.siriusxm.com/

Source: SiriusXM

Investor Contact:
Investor.Relations@siriusxm.com

Media Contact: 
Zak Paget
zak.paget@siriusxm.com

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SOURCE Sirius XM Holdings Inc.

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Bluepeak Names Ken Johnson as Chief Executive Officer

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Rich Fish to Retire After Leading Bluepeak’s Growth into a Multi-State Fiber Provider

DENVER, Sept. 8, 2026 /PRNewswire/ — Bluepeak, a leading provider of fiber internet, today announced that Ken Johnson has been named the company’s new Chief Executive Officer, effective October 19, 2026. Johnson joins Bluepeak from Cable One, Inc., where he most recently served as Chief Operating Officer. He succeeds Rich Fish, who will be retiring after leading Bluepeak for six years, during which time he guided the company’s growth into a fast-expanding, multi-state fiber internet provider, and will be transitioning to an advisory role with the company.

Johnson brings more than 30 years of telecommunications and broadband industry experience to the role, with a career-long focus on operational excellence, technology-driven growth, and expanding connectivity. At Cable One, he oversaw Residential and Business Services, Technology Services, Field and Call Center Operations, and Digital Evolution and Integration for a company serving more than one million customers across 24 states. He joined Cable One in 2018 following its acquisition of NewWave Communications, where he served as Chief Operating Officer and Chief Technology Officer. Earlier in his career, Johnson held Chief Technology Officer roles at SureWest Communications and Everest Broadband. He was inducted into the Cable TV Pioneers Class of 2025.

“Bluepeak has built a strong foundation and a clear reputation for delivering fast, reliable fiber internet with a local, customer-first approach,” said Johnson. “I am honored to lead this team into its next chapter. I look forward to building on the momentum Rich and the entire Bluepeak organization have created, to completing the fiber transformation of Bluepeak communities, and to continuing to expand access to best-in-class connectivity across the communities we serve.”

“Ken’s deep operational expertise and his track record of scaling broadband businesses make him the right leader for Bluepeak’s next phase of growth,” said Mark Prybutok, Managing Director and Head of Data Infrastructure at GI Partners. “His experience revitalizing and expanding networks, combined with his focus on the customer experience, align closely with what Bluepeak has built under Rich’s leadership. We are confident he will carry that work forward.”

Rich Fish has served as Bluepeak’s Chief Executive Officer since the company’s acquisition by GI Partners in early 2021, leading the company through its rapid buildout across North Dakota, South Dakota, Minnesota, Wyoming, Oklahoma, and Texas, and overseeing its evolution into a whole-home connectivity provider offering speeds up to 5 Gig for residential customers and 10 Gig and beyond for businesses. 

“Leading Bluepeak has been one of the great privileges of my career,” said Fish. “Together, this team built a company defined by speed, reliability, and genuine local service, and we did it while expanding Bluepeak’s operating footprint into twenty-eight new markets across six states and now reach over 515,000 homes passed. I’m proud of what we’ve built and confident that Ken is the right person to lead Bluepeak forward. I want to thank our employees, our customers, and our communities for the trust they’ve placed in us.”

About Bluepeak

Bluepeak is a new kind of internet provider bringing fast, reliable, affordable internet to places that have needed better options for too long. The company has roots serving Great Plains and Midwest communities going back more than 30 years. As the need for internet in the region has evolved, so has Bluepeak, upgrading and expanding service to several markets in Oklahoma, South Dakota, southwest Minnesota, Wyoming, North Dakota and Texas with the newest cutting-edge technology. These expansion efforts include multi-million-dollar infrastructure projects, community involvement, and growth through local hires. Bluepeak is earning the trust of customers and businesses through simple, affordable offerings, responsive, reliable customer service, and transparent pricing. The company’s unique approach to delivering internet service has earned Bluepeak accolades for customer satisfaction, network performance, workplace culture, and meaningful community partnerships.

About GI Partners

Founded in 2001, GI Partners is a private investment firm with over 150 employees and offices in San Francisco, New York, Dallas, Chicago, Greenwich, Scottsdale, and London. The firm has raised more than $50 billion in capital and invests on behalf of leading institutional investors around the world through its private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the healthcare, services, and software sectors. The real estate strategy focuses primarily on technology and life sciences properties as well as other specialized types of real estate. The data infrastructure team invests primarily in hard asset infrastructure businesses underpinning the digital economy. For more information, please visit www.gipartners.com.

Media Contact:

Jaime Gardner
jgardner@novitascommunications.com
or 970-597-0696

View original content:https://www.prnewswire.com/news-releases/bluepeak-names-ken-johnson-as-chief-executive-officer-302871666.html

SOURCE Bluepeak

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ValleyStar Credit Union Celebrates Denise Ratliff’s Graduation from Southeastern Regional Credit Union School

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Denise Ratliff, Senior Vice President of Lending, has successfully graduated from the Southeastern Regional Credit Union School

MARTINSVILLE, Va., Sept. 8, 2026 /PRNewswire-PRWeb/ — ValleyStar Credit Union is proud to announce that Denise Ratliff, Senior Vice President of Lending, has successfully graduated from the Southeastern Regional Credit Union School (SRCUS) and earned her Certified Credit Union Executive (CCUE) designation.

The CCUE designation is awarded to graduates who complete the rigorous three-year SRCUS program, an immersive leadership development experience designed to strengthen operational knowledge, strategic thinking, and leadership skills for credit union professionals. Throughout the program, participants engage in weeklong classroom sessions, online coursework, team projects, and examinations while learning from University of Georgia faculty and experienced credit union executives.

“Denise’s achievement is a reflection of her unwavering commitment to professional growth and to serving our members with excellence,” said Woody Windley, Interim President/CFO of ValleyStar Credit Union. “Throughout her career, Denise has demonstrated strong leadership, dedication, and a passion for continuous learning. We are incredibly proud of this accomplishment and know the knowledge and experience she has gained through SRCUS will continue to strengthen our organization, our team, and the exceptional service we provide to our members.”

Reflecting on her experience, Ratliff shared how the program challenged and inspired her throughout the past three years.

“The last three years of SRCUS have been a challenging and wonderful experience. I have gained a wealth of knowledge from incredibly talented professors and instructors while developing relationships with my classmates that will last a lifetime. I am truly grateful for the experience and am excited to put everything I’ve learned into practice.”

ValleyStar Credit Union believes investing in employee development is an investment in its members and communities. By supporting continuing education opportunities like SRCUS, ValleyStar equips its team with the knowledge and leadership skills needed to deliver exceptional service and meet the evolving financial needs of its members.

About ValleyStar Credit Union

Serving businesses and families across Virginia since 1953, ValleyStar Credit Union is committed to making banking simple, convenient, and focused on what matters most to its members. Whether helping members purchase a home, finance a vehicle, grow a business, or achieve long-term financial goals, ValleyStar is dedicated to providing trusted financial solutions with exceptional service.

As a member-owned financial cooperative, ValleyStar returns earnings to its members through competitive loan rates, higher returns on deposits, and fewer fees. The credit union is equally committed to strengthening the communities it serves through financial education, community partnerships, and volunteerism, helping members and neighborhoods thrive together.

Media Contact

Kristen Roberson, ValleyStar Credit Union, 1 800.475.6328, kristenr@valleystar.org, https://www.valleystar.org/

View original content:https://www.prweb.com/releases/valleystar-credit-union-celebrates-denise-ratliffs-graduation-from-southeastern-regional-credit-union-school-302868684.html

SOURCE ValleyStar Credit Union

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