• In a joint effort with ADGM Academy (ADGMA) and sponsored by ADNOC Global Trading, this year’s programme enrolled over 100 students.

Abu Dhabi, UAE, 29 August 2024: ADGM, the leading international financial centre of UAE’s capital, announces the successful conclusion of the third edition of its Summer Internship Programme. This year’s programme, conducted in collaboration with ADGM Academy (ADGMA), the knowledge arm of ADGM, and sponsored by ADNOC Global Trading, welcomed over 100 students. Building on the achievements of previous editions, the programme continues to be a valuable opportunity for young people to gain early exposure to the finance sector and develop foundational skills for their future careers.

• A surge of 226%in Assets Under Management was reported in H1 2024 compared to H1 2023.
• 112 asset and fund managers now operate in ADGM, managing 141 funds.
• The number of new licences grew by 20.5% compared to H1 2023.
• Workforce grew by over 2,500at the end of H1 2024 compared to the same period last year.
• ADGM Al Reem Island Expansion fuels a residential surge with the island’s occupancy rate reaching more than 92% at the end of June 2024.

Abu Dhabi, UAE, 14^thAugust2024: ADGM, the international financial centre (IFC) of the UAE’s capital, continues its impressive growth trajectory, reporting exceptional performance in the first half of 2024. As the fastest-growing financial centre and the only jurisdiction with the direct application of the English Common Lawin the region, ADGM’s consistent achievements and strategic initiatives are a catalyst to the growth of Abu Dhabi’s financial sector growth.

ADGM introduces another initiative in line with its efforts to support the seamless transition of Al Reem businesses to ADGM following its expansion to Al Reem Island last year.

• Fee revision applies to all categories of licenses and will be applicable from 1^st January 2025.

Abu Dhabi, UAE, 17^th July 2024 – ADGM, the international financial centre of the UAE’s capital, has announced significant revisions to its licensing fee schedule as part of its transitional arrangements for Al Reem Island businesses.  Starting from 1^st January 2025, ADGM will implement major reductions of 50% or more for obtaining non-financial and retail licences within its jurisdiction. This initiative aims to enhance ADGM’s business ecosystem, making it more attractive and accessible for various enterprises.

24 French Asset Management Firms With $1.6 Trillion AUM Convene for Second UAE – France Investor Meetup

• Organized by ADGM and the French Ministry of Economy, Finance and Industrial and Digital Sovereignty.
• Four major French asset management firms—Ardian, BNP Paribas, Tikehau Capital, and Eiffel Investment Group have offices in ADGM as part of their strategy to expand their global footprint.
• Aimed at reinforcing investment ties between the two nations, forging strategic alliances, identifying new opportunities, and driving mutual economic growth.

Abu Dhabi Global Market and Hacken Forge Partnership to Elevate Blockchain Security Standards

Abu Dhabi, UAE, 24 April 2024 – Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, and Hacken, a global leader in blockchain security auditing, have signed a Memorandum of Understanding (MoU) to collaboratively set new benchmarks for blockchain security and compliance. This strategic partnership reflects a unique synergy between a regulatory body and a security auditor aimed at establishing a world-leading security assessment standard in the blockchain industry.