ADFW

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

Retrieved on: 
Wednesday, March 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.

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

Retrieved on: 
Wednesday, March 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.

ADFO Summit Hosts 167 Family Offices as the UAE is Increasing Becoming a Hub for Family Offices

Retrieved on: 
Monday, December 11, 2023
Family office, Family, Dawood Group, ADFW

The summit successfully hosted 293 individuals, 167 Family Office representatives, 38 speakers and 9 event partners.

Key Points: 
  • The summit successfully hosted 293 individuals, 167 Family Office representatives, 38 speakers and 9 event partners.
  • The event was invite-only and invitees were exclusively a handpicked community determined by an events committee.
  • For the first time, Abu Dhabi hosted an event specifically just for Family Offices and Family Groups, where 70% of the stage presence were controlled by family principals or family office investment teams.
  • The UAE is increasingly becoming a hub for family offices, with some of the world's big names setting up offices in the country to tap the market, which is set to reach Dh3.67 trillion in the next few years.

FAB, Halo Investing sign MoU to advance Structured Notes business

Retrieved on: 
Tuesday, November 28, 2023
Private, Partnership, FAB, HALO, Memorandum of understanding, Growth, First Abu Dhabi Bank, Protection, ADFW, Senior, Cryptocurrency

Structured notes, a popular financial product among investors seeking customized risk-reward profiles, have experienced a surge in demand in recent years.

Key Points: 
  • Structured notes, a popular financial product among investors seeking customized risk-reward profiles, have experienced a surge in demand in recent years.
  • Halo's cutting-edge technology streamlines the investment process for structured notes, providing investors with access to a wide range of structured products while enabling financial institutions to optimize their offerings.
  • By leveraging our cutting-edge technology, FAB is poised to reshape the landscape of structured notes in the global financial markets."
  • We eagerly anticipate the potential outcomes of this partnership and look forward to working in tandem with HALO to instigate positive transformations in our structured notes offering.

Wemade CEO Henry Chang to attend Fortune Global Forum and Abu Dhabi Finance Week 2023

Retrieved on: 
Friday, November 24, 2023
IBM, Mastercard, AI, FedEx, Fintech, Economic development, Fortune Global Forum, Culture, ADFW, Abu Dhabi Executive Council

Abu Dhabi, UAE, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Wemade CEO Henry Chang is attending the prestigious Fortune Global Forum Abu Dhabi 2023, an invite-only high-level CEO conference which is being hosted in the Middle East for the first time.

Key Points: 
  • Abu Dhabi, UAE, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Wemade CEO Henry Chang is attending the prestigious Fortune Global Forum Abu Dhabi 2023, an invite-only high-level CEO conference which is being hosted in the Middle East for the first time.
  • Fintech Abu Dhabi is one of the key events happening during Abu Dhabi Finance Week (ADFW) 2023 – the most influential finance, investment, and economic event in the MENA region.
  • ADFW is held under the patronage of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, and presented by Abu Dhabi Global Market (ADGM) with the Abu Dhabi Department of Economic Development as headline partners.
  • Fortune Global Forum 2023 official website: https://fortune.com/conferences/fortune-global-forum-2023
    Abu Dhabi Finance Week 2023 official website: https://www.adgm.com/events/abudhabifinanceweek2023

Xiao-I Showcases Hua Zang Universal Large Language Model and Its Cutting-Edge Applications at Abu Dhabi Finance Week

Retrieved on: 
Monday, December 4, 2023
Attention, Infant, Safety, AIXI, Tourism, Ethics, Culture, Algorithm, ADFW, Sustainability Accounting Standards Board, Human, Communication, Parent, AI, Government, Vital signs, LLM, Management, MENA

The event, held in Abu Dhabi from November 27th to 30th, brought together industry leaders to provide an in-depth exploration of the cutting-edge advancements in large language models.

Key Points: 
  • The event, held in Abu Dhabi from November 27th to 30th, brought together industry leaders to provide an in-depth exploration of the cutting-edge advancements in large language models.
  • The event provided a unique platform to explore these dynamic changes and their potential impact on the financial world.
  • Hua Zang LLM, serving as a practical big data solution, offers a controllable, customizable, and deliverable large language model.
  • In targeted application scenarios, Xiao-I facilitates Hua Zang LLM's entry into vertical fields such as finance, government, healthcare, construction, culture, and tourism.

Climate Finance Top of the Agenda at The Second Edition of R.A.C.E. Sustainability Summit Held on the Opening Day of COP28 in the UAE

Retrieved on: 
Thursday, November 30, 2023
Climate change, HSBC, FSRA, COP28, History, ADFW, USD, IPA, State Street Corporation, Climate finance, Partnership, Regulation, Ninety One Limited, ESG, Renewable energy, Risk management, Cryptocurrency, Ecosystem

served as a platform that discussed many critical topics financing the transition to a net-zero economy, climate finance, carbon markets, and sustainable capital markets.

Key Points: 
  • served as a platform that discussed many critical topics financing the transition to a net-zero economy, climate finance, carbon markets, and sustainable capital markets.
  • R.A.C.E Sustainability Summit aimed to reaffirm the UAE's commitment to advancing the global sustainability agenda, capping a series of discussions, insights, and forward-thinking solutions that are set to shape the future of finance.
  • Sustainability Summit at ADFW has reinforced the importance of the global financial community's collective commitment to addressing climate change.
  • R.A.C.E served as a pre-prep event for COP28 where critical negotiations related to Climate Finance took place.

Climate Finance Top of the Agenda at The Second Edition of R.A.C.E. Sustainability Summit Held on the Opening Day of COP28 in the UAE

Retrieved on: 
Thursday, November 30, 2023
Climate change, HSBC, FSRA, COP28, History, Multimedia, ADFW, USD, IPA, State Street Corporation, Climate finance, Partnership, Regulation, Ninety One Limited, ESG, Renewable energy, Risk management, Cryptocurrency, Ecosystem

served as a platform that discussed many critical topics financing the transition to a net-zero economy, climate finance, carbon markets, and sustainable capital markets.

Key Points: 
  • served as a platform that discussed many critical topics financing the transition to a net-zero economy, climate finance, carbon markets, and sustainable capital markets.
  • Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, H.R.H Prince Khaled bin Alwaleed bin Talal Al Saud and Ronald P. O'hanley.
  • R.A.C.E Sustainability Summit aimed to reaffirm the UAE's commitment to advancing the global sustainability agenda, capping a series of discussions, insights, and forward-thinking solutions that are set to shape the future of finance.
  • Sustainability Summit at ADFW has reinforced the importance of the global financial community's collective commitment to addressing climate change.

14 Leading Financial Institutions, Representing Over $450billion, Confirm Setup in Abu Dhabi in One Week

Retrieved on: 
Thursday, November 30, 2023
World Bank, Bridgewater Associates, Social, Investment fund, Bank, Economic development, TCI, BNY Mellon, ADFW, JPMorgan Chase, Industrial Bank of Japan, USD, Independent, Executive Council, Growth, Rothschild & Co, AUM, GCC, Fed, Thought, Cryptocurrency, Drug, Amusement park, Abu Dhabi Investment Office, Emirates, Capital, Copper

Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.

Key Points: 
  • Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.
  • A total of 23 market announcements recorded during Abu Dhabi Finance Week, including major operational upgrades by The World Bank & JP Morgan, along with a strong lineup of emerging financial institutions ranging across fintech and sustainable finance.
  • ABU DHABI, UAE, Nov. 30, 2023 /PRNewswire/ -- Abu Dhabi Global Market (ADGM), the leading international financial centre of the UAE's Capital, today announced 14 major financial institutions representing a total AUM of USD 452bn have committed to establishing new operations in ADGM.
  • The flurry of positive announcements surrounding ADFW amplifies ADGM's effective role as a major contributor to the economic diversification plans of Abu Dhabi.

14 Leading Financial Institutions, Representing Over $450billion, Confirm Setup in Abu Dhabi in One Week

Retrieved on: 
Thursday, November 30, 2023
World Bank, Bridgewater Associates, Social, Investment fund, Bank, Economic development, TCI, BNY Mellon, ADFW, JPMorgan Chase, Industrial Bank of Japan, USD, Independent, Executive Council, Growth, Rothschild & Co, AUM, GCC, Fed, Thought, Cryptocurrency, Drug, Amusement park, Abu Dhabi Investment Office, Emirates, Capital, Copper

Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.

Key Points: 
  • Rise of Abu Dhabi as a Global Finance Centre praised by Global Leaders Jamie Dimon, Ray Dalio and Alan Howard.
  • A total of 23 market announcements recorded during Abu Dhabi Finance Week, including major operational upgrades by The World Bank & JP Morgan, along with a strong lineup of emerging financial institutions ranging across fintech and sustainable finance.
  • ABU DHABI, UAE, Nov. 30, 2023 /PRNewswire/ -- Abu Dhabi Global Market (ADGM), the leading international financial centre of the UAE's Capital, today announced 14 major financial institutions representing a total AUM of USD 452bn have committed to establishing new operations in ADGM.
  • The flurry of positive announcements surrounding ADFW amplifies ADGM's effective role as a major contributor to the economic diversification plans of Abu Dhabi.