Abu Dhabi Global Market free zone witnesses strong growth

adgm business setup

Volatile market conditions seem to not affect the free zone of Abu Dhabi Global Market (ADGM), where already many diverse financial and non-financial companies registered themselves to conduct business in UAE.

Not surprising at all.

Its strategical position in the heart of the capital of UAE, the wide range of business activities and the different legal structures allowed, make ADGM the ideal place where to conduct the business.

Among the sectors where ADGM achieved great results, there is real estate industry, in which ADGM witnessed the first Private Real Estate Investment Trust (REIT) regime in the region.

Some of the special purpose vehicles domiciled in ADGM contribute to the aviation industry too, in the perspective of making Abu Dhabi the aviation financing and asset management hub for the region.

But ADGM is above all pointing at FinTech, that is financial technology, for which it has recently established a regulatory framework and live regulatory laboratory that is the first in the MENA region.

The aim is to bring together global and local financial institutions, FinTech start-ups, investors, regulatory agencies and the business community to network, collaborate and exchange expertise and knowledge in the sector.

In this context, ADGM will collaborate in partnership with PricewaterhouseCoopers (PwC) to launch the inaugural FinTech Abu Dhabi Summit in October 2017, to be organized alongside with key Abu Dhabi institutions and industry partners.

To inquiry how to register your interest to the Summit, you may contact us at contact@uaestablishment.com

To know more information or to setup business in Abu Dhabi Global Market, click here.

 

Mara Di Marco
General Manager, UAEstablishment