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Global financial market leaders representing the industry, including FinTech, Venture capital and investing, as well as asset management and capital markets will participate in the inauguration Abu Dhabi Financial week next month.
Fintech Abu Dhabi Festival, Until last year in the capital’s Independence, it will now be part of ADFW, which will take place from November 14th to November 18th.
Executives who have attended the previous FinTech Abu Dhabi Festival include: John Collison, co-founder of Stripe, a $95 billion digital payments startupand NYSE Chairman Jeff Sprecher, Abu Dhabi Global Markets said on Monday.
“ADFW acts as a platform for innovation, bringing together the leadership of the global financial markets to engage, connect and collaborate to address the changes we are witnessing on all fronts, while strengthening Abu Dhabi’s position as a leading international financial centre,” said Ahmed Alza, Chairman of ADGM than say.
“Abu Dhabi’s cross-border attention in the global financial community and the global presence established by the UAE’s investment climate are gradually making it a ‘capital capital’.”
New additions this year include Crypto Abu Dhabi, Start-up Campus, Race (Regulation, Awareness, Collaboration, Ecosystem) Sustainability Summit and Asset Abu Dhabi, which will host around 300 senior investors from 30 countries, with its Assets over $4 trillion ADGM said.
ADFW comes as the UAE capital takes various steps to keep its economy away from oil and support new investments in industry, fintech and other sectors.
Abu Dhabi plans to invest AED10 billion ($2.72 billion) in six industrial projects, more than doubling in size Manufacturing in the Emirate Officials said earlier this year that it would reach Dh172 billion by 2031.
Too Plans to launch a blockchain and virtual asset strategyto support its digital economy.
ADGM and the Abu Dhabi Residents Office also signed a preliminary agreement in August aimed at encouraging more investment and retaining talent in the capital.
“From monetary and fiscal policy, stock markets and valuations, digital currencies, public and private equity, green financing, financial inclusion and global changes in financial regulation…this platform will work to thoroughly address and critique current financial and economic headwinds ,” said Mohamed Al Shaurafah, chairman of the Abu Dhabi Department of Economic Development.
Updated: October 4, 2022, 6:37am
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