NYU Abu Dhabi Establishes Institute For Global Financial Competitiveness To Research International Financial Centres

The Stern School of Business at New York University Abu Dhabi (Stern at NYUAD) has unveiled the Institute for Global Financial Competitiveness. This new research initiative will utilise data science to study and rank International Financial Centres (IFCs) worldwide. The institute is strategically located at Stern at NYUAD, close to regions that are key drivers of future economic growth.

Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development, expressed support for this initiative. He stated, "We welcome the Stern School of Business at NYU Abu Dhabi’s landmark decision to establish the Institute for Global Financial Competitiveness in Abu Dhabi. The institute marks a pivotal moment in the application of data science to learn the true status of financial centres."

The institute aims to advance research into the changing global economic landscape, focusing on IFCs' roles. By using advanced data science techniques, it will assess and rank these centres globally. This approach offers a unique perspective on their competitiveness and influence in international markets.

Ray Dalio, a well-known investor and founder of Bridgewater Associates, supports this initiative. His extensive experience in studying global economic dynamics adds significant value to the institute's mission. Dalio's involvement highlights the ambition to provide leading insights into international finance.

Rob Salomon, Dean of Stern at NYUAD, highlighted that this aligns with Stern’s mission. He noted that it focuses on researching, teaching, and engaging with topics vital for global economic growth and development.

Upcoming Index Release

The institute plans to launch its first Financial Centres Competitiveness Index during the Global Markets Summit. This event will take place at Abu Dhabi Finance Week (ADFW), starting on 8th December 2025 in the UAE.

This initiative brings together top researchers and advisors to explore how IFCs contribute to global markets. It aims to provide valuable insights into their impact and competitiveness worldwide.

With inputs from WAM