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14 Memorandums of Understanding signed at Abu Dhabi Finance Week

11 Dec 2024 - 10:38

During the Abu Dhabi Financial Week (ADFW) 2024, 14 memorandums of understanding (MoU) and strategic agreements were signed between various institutions. This indicates an increase in investment and economic development activities in the United Arab Emirates.


According to Amac News: One of the important agreements signed in this event was the cooperation between the Abu Dhabi Global Market (ADGM) and Istanbul Financial Center. Also, agreements were signed with Beijing Street Financial Services Department and Polygon. In addition, a cooperation agreement between Circle and Lulu Financial Holdings was also signed at the ceremony.
Abu Dhabi Investment Office (ADIO) also signed memorandums of understanding with leading global institutions including PGIM, EXIM Bank and Mastercard, which emphasizes the importance of these collaborations in attracting foreign investments.
These MoUs are part of broader efforts to strengthen Abu Dhabi's position as a global financial and investment hub.
Ahmad Jassim Al-Zaabi, head of ADGM and Abu Dhabi Economic Development Authority (ADDED), emphasized that these agreements provide an opportunity to share knowledge and experiences in various investment and financial fields.
Abu Dhabi Financial Week continues its activities with the aim of strengthening international relations and facilitating new investments, especially in key sectors such as technology and sustainable economy. With these agreements, Abu Dhabi is taking steps towards becoming an important financial center in the Middle East and beyond.


Story Code: 2260

News Link :
https://www.amacnews.com/en/news/2260/14-memorandums-of-understanding-signed-at-abu-dhabi-finance-week

AMAC
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