ADGM-based company completes five years of operations; UAE capital becoming the fundholding jurisdiction of choice for regional matters
Abu Dhabi Global Market
Latest in Abu Dhabi Global Market
Abu Dhabi
ADGM Academy partners with PGIM to launch RealAssetX Abu Dhabi Innovation Centre
The centre will open in September this year at the ADGM Academy offices
Abu Dhabi
Addleshaw Goddard expands Middle East presence with new Abu Dhabi office
International law firm Addleshaw Goddard strengthens UAE presence with new ADGM office
Abu Dhabi Global Market
‘Magnet for hedge funds’, the UAE could change the $4.5tr global industry
New IG Prime report says Dubai and Abu Dhabi are expected to see the most hedge fund growth, and increase pressure on global regulators with their rules
Abu Dhabi Global Market
Former Lebanese PM Saad Hariri registers SPV company at ADGM
Hariri is listed as the sole shareholder; Bloomberg says Genesis SPV aims to invest across the global technology sector, prioritising AI
Abu Dhabi Global Market
Deutsche Bank expands in UAE with Abu Dhabi Global Market licence
Deutsche Bank to start Abu Dhabi Global Market operations
Abu Dhabi Global Market
IHC, BlackRock and Lunate to establish $10bn reinsurance company in Abu Dhabi
Partners will back the platform initially with over $1bn in initial equity commitments; Company to be headquartered at ADGM
Abu Dhabi Global Market
Brown Advisory opens Abu Dhabi office, expands $162bn global portfolio to Middle East
Global investment firm Brown Advisory establishes ADGM presence, responding to regional demand for US equity and fixed income investment strategies.
Abu Dhabi
Circle secures in-principle approval from ADGM’s Financial Services Regulatory Authority
Following ADGM’s approval, Circle joins forces with Hub71 to grow Abu Dhabi’s Web3 and digital assets startup ecosystem
Abu Dhabi Global Market
TAQA Distribution signs exclusive digital billing solution deal with ADGM
16,000 Al Maryah and Al Reem Island residents will be able to pay all tenancy-related fees along with their power and water bills
Abu Dhabi
ADGM RA fines Christopher Flinos, AC Holding for cryptocurrency conversion violations
According to the RA, AC Holding exceeded the scope of its commercial license by acting as an investment company and offering financial services to clients
Abu Dhabi Global Market
ADGM financial regulator imposes $8.85mn in penalties on Hayvn Group for regulatory breaches
The investigation resulted in the cancellation of Hayvn ADGM’s Financial Services Permission, and an indefinite prohibition on former CEO Christopher Flinos
Abu Dhabi
PGIM Real Estate raises $2bn for global data centre fund
PGIM’s Global Data Centre Fund creates value through asset-level development joint ventures with leading data centre operators
Abu Dhabi Global Market
Asset manager Polen Capital to open Abu Dhabi office in Mideast expansion push
The US major, with around $63 billion in assets under management as of September 30, will join global asset managers and hedge funds in establishing a presence in ADGM