State Street is expanding its Abu Dhabi footprint with a new office in Al Ain set to open in 2027. Focusing on AI, technology, client services and operations, the center will add 300 financial services jobs to Abu Dhabi over three years to serve investors across the UAE and broader region. The announcement builds on the firm's January agreement with the Abu Dhabi Investment Office (ADIO) to expand UAE operations.

Why This Matters

State Street joins a growing list of American firms expanding in the UAE, adding sustained momentum to one of the world's most consequential bilateral economic partnerships. With operations already in Abu Dhabi and Dubai, the Al Ain office signals a long-term commitment — a vote of confidence in the UAE's regulatory stability, deep talent pool and standing as a world-class financial hub.

“We view the region as a growth region for us...This is a long-term strategic decision to expand through Abu Dhabi, through Al Ain and throughout the region.” — Jack Keshishian, Head of Middle East and North Africa, State Street