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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Abu Dhabi Global Market (ADGM) experienced remarkable growth in 2024, with assets under management soaring by 245% and the entity count rising by 32% following its expansion to Al Reem Island. The centre welcomed 79 new financial institutions, including major firms like BlackRock and Morgan Stanley, and integrated 1,100 new businesses, reflecting heightened investor interest. ADGM also advanced its regulatory frameworks and sustainable finance initiatives, further solidifying its position as a leading international financial hub.
An economic delegation from Abu Dhabi, led by the Department of Economic Development, concluded a successful visit to China, signing key agreements to enhance cooperation across various sectors, including trade and technology. Notable agreements were established with the Shanghai Municipal People’s Government and leading Chinese firms, reflecting a significant increase in bilateral trade, which has surged to nearly $100 billion in 2023. The delegation's efforts aim to strengthen economic ties and explore new opportunities in high-growth sectors.
Ahmed Al Zaabi
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Abu Dhabi Global Market reports record growth in assets and entities in 2024
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06:04 28.02.2025
Abu Dhabi and China enhance economic ties with key agreements and investments
04:46 24.02.2025
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