Abu Dhabi Global Market

Africa & Middle East Embedded Finance Business Report 2024-2029: The Rise of BNPL, Open Banking Adoption, Emerging Technologies, Competitive Landscape - ResearchAndMarkets.com

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金曜日, 5月 31, 2024
Banking, Fintech, Professional Services, Telecommunications, National bank, BNPL, FSRA, FMCG, MENA, Artificial intelligence, Abu Dhabi Global Market, National Bank of Egypt, Intelligence, MEA, Traction, World Bank Group, SME, Emirates NBD, World Bank, Ivory Coast, Online shopping

The "Africa & Middle East Embedded Finance Business and Investment Opportunities Databook - 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Africa & Middle East Embedded Finance Business and Investment Opportunities Databook - 75+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.
  • Embedded Finance industry in Africa & Middle East is expected to grow by 36.4% on annual basis to reach US$ 13.43 billion in 2023.
  • The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 27.5% during 2024-2029.
  • The Middle East and Africa (MEA) region is experiencing a surge in embedded finance adoption.

Blue Owl Capital Hires Haitham Abdulkarim to Oversee Institutional Business in Middle East

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火曜日, 5月 14, 2024
Mergers & Acquisitions, Pan-Asia, Waha Capital, Mergers and acquisitions, Kingdom, Samena Capital, BNP Paribas, Abu Dhabi Global Market, Head, BlackRock, Blue Owl Capital, Dubai International Airport, BNP Paribas CIB

NEW YORK, May 14, 2024 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the hiring of Haitham Abdulkarim to oversee the company's institutional business in the Middle East.

Key Points: 
  • NEW YORK, May 14, 2024 /PRNewswire/ -- Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL), a leading alternative asset manager, announced today the hiring of Haitham Abdulkarim to oversee the company's institutional business in the Middle East.
  • He was also part of the founding team that established the BlackRock Middle East Infrastructure Fund, the firm's first product dedicated to the Middle East.
  • Blue Owl Co-CEOs Doug Ostrover and Marc Lipschultz said, "Hiring Haitham highlights Blue Owl's commitment to deepening our relationships and more seamlessly collaborating with our Middle Eastern investment partners.
  • Our approach to the Middle East has always been to provide market-specific products and solutions tailored to the region's sophisticated investors.

Blockdaemon expands presence in Abu Dhabi with established entity under Registration Authority of Abu Dhabi Global Market (ADGM)

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月曜日, 5月 13, 2024
Partnership, Market development, Organization, Blockchain, Collaboration, Builder, MPC, Ecosystem, Growth, Abu Dhabi Global Market, Registration authority, Register, Cryptocurrency

ABU DHABI, UAE, May 13, 2024 /PRNewswire/ -- Blockdaemon, the leading institutional-grade blockchain infrastructure company, announced today it is further expanding its presence in the UAE, including setting up an office and establishing an entity in Abu Dhabi under Registration Authority of Abu Dhabi Global Market (ADGM).

Key Points: 
  • ABU DHABI, UAE, May 13, 2024 /PRNewswire/ -- Blockdaemon , the leading institutional-grade blockchain infrastructure company, announced today it is further expanding its presence in the UAE, including setting up an office and establishing an entity in Abu Dhabi under Registration Authority of Abu Dhabi Global Market (ADGM).
  • "This marks a significant stride for Blockdaemon in bolstering its presence in the UAE and deepening our partnership with local regulators and clients," said Amor Sexton, COO of Blockdaemon.
  • Arvind Ramamurthy, Chief of Market Development at ADGM said, "We congratulate Blockdaemon on receiving their licensing from ADGM to establish their presence in Abu Dhabi.
  • Blockdaemon expanded into the Asia-Pacific region in February 2022 and shortly thereafter in March 2022, expanded to the EMEA region.

QCP receives In-Principle Approval in the Abu Dhabi Global Market (ADGM)

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火曜日, 5月 7, 2024
Goldman Sachs, FSRA, Ecosystem, Investment, IPA, Hope, Market development, Abu Dhabi Global Market, Partnership, FSP, Ernst & Young, Cryptocurrency

SINGAPORE, May 7, 2024 /PRNewswire/ -- QCP, a global institutional digital assets company, today announced that they have received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to conduct regulated activities. The decision to make a move into this strategic market for the company's footprint was in anticipation that the Middle East is going to become a dominant global hub for capital flowing into traditional and digital assets.

Key Points: 
  • SINGAPORE, May 7, 2024 /PRNewswire/ -- QCP, a global institutional digital assets company, today announced that they have received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to conduct regulated activities.
  • The progressiveness in the last few years has also created a strong foundation for institutions like QCP to enter.
  • With most of the crypto derivative market currently existing outside the US, Abu Dhabi and the UAE have a lot of potential to capture this market segment.
  • QCP will continue to have its main company headquarters in Singapore while leveraging on Abu Dhabi as a base to break new ground and drive innovation.

QCP receives In-Principle Approval in the Abu Dhabi Global Market (ADGM)

Retrieved on: 
火曜日, 5月 7, 2024
Goldman Sachs, FSRA, Ecosystem, Investment, IPA, Hope, Market development, Abu Dhabi Global Market, Partnership, FSP, Ernst & Young, Cryptocurrency

SINGAPORE, May 7, 2024 /PRNewswire/ -- QCP, a global institutional digital assets company, today announced that they have received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to conduct regulated activities. The decision to make a move into this strategic market for the company's footprint was in anticipation that the Middle East is going to become a dominant global hub for capital flowing into traditional and digital assets.

Key Points: 
  • SINGAPORE, May 7, 2024 /PRNewswire/ -- QCP, a global institutional digital assets company, today announced that they have received In-Principle Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to conduct regulated activities.
  • The progressiveness in the last few years has also created a strong foundation for institutions like QCP to enter.
  • With most of the crypto derivative market currently existing outside the US, Abu Dhabi and the UAE have a lot of potential to capture this market segment.
  • QCP will continue to have its main company headquarters in Singapore while leveraging on Abu Dhabi as a base to break new ground and drive innovation.

Klickl International Secures ADGM Financial Services Permission, Revolutionizing Finance with Seamless Integration of Traditional Finance, Crypto, and Web 3.

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水曜日, 4月 17, 2024
Abu Dhabi Global Market, FSRA, FSP, Cryptocurrency

Being founded in Abu Dhabi, Klickl strategically harnesses the emirate's progressive regulatory environment and dynamic economic backdrop.

Key Points: 
  • Being founded in Abu Dhabi, Klickl strategically harnesses the emirate's progressive regulatory environment and dynamic economic backdrop.
  • This strategic positioning enables Klickl to streamline processes, bridging the gap between traditional financial markets and the digital economy.
  • This innovative framework not only advances inclusivity in financial services but also makes a notable impact on the global virtual assets community, facilitating seamless exchanges across diverse financial domains.
  • It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Cyril Amarchand Mangaldas announces the establishment of presence in Abu Dhabi Global Market (ADGM), UAE

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水曜日, 3月 20, 2024
Legal, Professional Services, Ecosystem, CAM, Private law, Abu Dhabi Global Market, Al Sila Tower, Market development, Amusement park

India’s leading law firm, Cyril Amarchand Mangaldas (CAM) announced today the establishment of its presence in Abu Dhabi, United Arab Emirates (UAE).

Key Points: 
  • India’s leading law firm, Cyril Amarchand Mangaldas (CAM) announced today the establishment of its presence in Abu Dhabi, United Arab Emirates (UAE).
  • Mr. Cyril Shroff, Managing Partner, CAM said, “Our establishment of presence in the UAE is a part of the Firm’s larger strategic view of global practice and the UAE as a thriving hub for global business.
  • The UAE and Abu Dhabi specifically is a key focus for us with immense potential and growth opportunities.
  • CAM Middle East will have its office premises in the ADGM at Al Sila Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, UAE.

SS&C Expands Fund Administration Business in UAE with Abu Dhabi Office Launch

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水曜日, 3月 27, 2024
SS&C, Growth, Abu Dhabi Global Market, Market development, Heart, FSRA, Cryptocurrency

WINDSOR, Conn., March 27, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced an expansion of its global footprint by opening a new office in Abu Dhabi, United Arab Emirates. The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).

Key Points: 
  • The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).
  • The fund administration offering in ADGM completes SS&C's full range of services to alternative fund managers in the Middle East.
  • Katarzyna Lupa-Nowicka (Head of Private Markets Operations, Middle East) and David Forrester (Head of Hedge Operations, Middle East) will lead the new office in Abu Dhabi.
  • "With more than $2 trillion in assets under administration, SS&C GlobeOp is the leading alternatives fund administrator in the world.

SS&C Expands Fund Administration Business in UAE with Abu Dhabi Office Launch

Retrieved on: 
水曜日, 3月 27, 2024
SS&C, Growth, Abu Dhabi Global Market, Market development, Heart, FSRA, Cryptocurrency

WINDSOR, Conn., March 27th, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced an expansion of its global footprint by opening a new office in Abu Dhabi, United Arab Emirates. The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).

Key Points: 
  • The Financial Services Regulatory Authority (FSRA) has granted SS&C full approval to deliver fund administration services within the prestigious Abu Dhabi Global Market (ADGM).
  • The fund administration offering in ADGM completes SS&C's full range of services to alternative fund managers in the Middle East.
  • Katarzyna Lupa-Nowicka (Head of Private Markets Operations, Middle East) and David Forrester (Head of Hedge Operations, Middle East) will lead the new office in Abu Dhabi.
  • "With more than $2 trillion in assets under administration, SS&C GlobeOp is the leading alternatives fund administrator in the world.

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC

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水曜日, 3月 6, 2024
BNP Paribas, Name, Sustainability, ADQ, IPA, Register, ADFW, Growth, AUM, COP28, World Bank, Bridgewater Associates, DLT, Risk assessment, Sustainable finance, G42, AIIB, GCFC, LPA, Fintech, Goldman Sachs, JPMorgan Chase, Abu Dhabi Global Market, Asian Infrastructure Investment Bank, Investcorp, Distributed ledger, Cryptocurrency

Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.

Key Points: 
  • Assets Under Management (AUM) as of 31st December 2023, showcased a year-on-year increase of 35% when compared to 2022 numbers.
  • Emerging as a preferred destination for businesses across borders, ADGM has witnessed major global and regional giants within the sector establishing themselves in ADGM.
  • added, "Enhancing Abu Dhabi's international standing as the 'capital of capital', ADGM has truly capitalised the capital city's potential for the financial landscape and strategically unlocked opportunities within underlying sectors.
  • ADGM launched its inaugural Money Laundering and Terrorist Financing (ML/TF) Risk Assessment of ADGM Legal Persons and Arrangements Report (LPA Report) in May 2023.