34.8 C
Dubai
Friday, May 17, 2024
spot_img

Abu Dhabi Global Market celebrates its seventh anniversary

[ad_1]

The tour begins with a meeting with Emirati students from ADGM Academy’s National Development Programme to discuss Emiratisation efforts within the private sector, followed by a meeting with ADGM-based global tech ecosystem Hub71 to showcase Hub71’s second tranche of incentive programmes for 16 start-ups In total, more than $67 million in funding has been raised.

The tour continued with further meetings with ICE Futures Abu Dhabi (IFAD), the UAE’s first international derivatives exchange, to discuss ADGM as a commodities trading hub and to explore asset management opportunities with a group of local asset managers. He also toured the new co-working facilities within the IFC, cloud spaces that serve businesses of all sizes, ergonomically designed meeting rooms, private meeting spaces and co-working lounges.

In addition to this, a special banker’s luncheon was organized with well-known representatives from ADGM’s leading financial institutions. Closing with the Chairman’s presence at the inauguration of BCP Bank (Mauritius), the sixth largest banking group in Africa, Morocco’s leading banking institution and the latest addition to the ADGM community.

Commenting on ADGM’s seventh anniversary and his IFC trip, ADGM Chairman Ahmed Jasim Al Zaabi said: “As we enter our seventh year, we look back on In the past, we have seen ADGM make substantial progress in enhancing its international status as an investment and business hub and are eager to continue this development in the realization of ADGM’s industry strategy.

A major part of this progress has been achieved through our business community’s unwavering trust in ADGM and the value that Abu Dhabi and its leaders are bringing to capitalize on the transformational economic growth of Abu Dhabi, the UAE and the wider region. “

He further added: “ADGM’s accelerated growth strategy reflects its commitment to fostering local innovation in traditional and new-age finance across various clusters including virtual assets, cleantech, healthtech and cybertech. This strategic impetus not only for “

In just seven years, ADGM has grown exponentially and gained the attention of the global and regional financial community, becoming the destination of choice for several local and cross-border businesses.

[ad_2]

Source link

Related Articles

UAE Revolutionizes Transportation: Abu Dhabi to Dubai in Just 30 Minutes by Flying Taxis

UAE: Soon, travel from Abu Dhabi to Dubai in just 30 minutes by flying taxis In a groundbreaking development for transportation infrastructure, the United Arab...

Etihad Launches Airbus A380 on Abu Dhabi-New York Route

Etihad Airbus A380 Debut: Transforming the Abu Dhabi-New York Route Etihad Airways, one of the leading airlines in the Middle East, has marked a significant...

Abu Dhabi Islamic Bank Maintains Strong Financial Performance in Q1 2024

Abu Dhabi Islamic Bank Continues Strong Performance in Q1 2024 In the fast-paced realm of global finance, few institutions stand out as consistently as Abu...

Abu Dhabi Welcomes World’s First ‘Healthy Living’ Island

Abu Dhabi Welcomes World's First 'Vitality Island' for Healthy Living Abu Dhabi, a global hub of innovation and progress, has once again captured international attention...

NASA’s Revealing Images of UAE’s Flooded Regions Post-Heavy Rains

NASA Unveils Aerial Views of UAE's Flooded Regions A "slow-moving storm" system unleashed unprecedented torrential rains across various parts of the Emirates, inundating the UAE...

Latest Articles