Abu Dhabi Global Market celebrates seventh anniversary

Abu Dhabi Global Market celebrates seventh anniversary

Abu Dhabi: Abu Dhabi Global Market (ADGM), the leading international financial centre (IFC) of the UAE's capital, marked its milestone seventh anniversary on Friday, celebrating the occasion with its vibrant business community. ADGM's Chairman, Ahmed Jasim Al Zaabi, toured around the IFC to meet the international and local entities anchored at the jurisdiction, discussing the growth and developments achieved by the ADGM business community and identifying future plans that support their growth in the region while creating lasting sustainable opportunities for the national economy. The tour started with meeting the Emirati students of ADGM Academy's National Development Programme to discuss the Emiratisation efforts within the private sector followed by a meeting with Hub71, the global tech ecosystem based in ADGM to presentHub71's second cohort of its incentive programme for 16 start-ups that have collectively raised more than $67 million in funding. The tour continued with further meetings with ICE Futures Abu Dhabi (IFAD), the first international derivatives exchange in the emirate, to discuss ADGM as the trade hub for commodities and with a group of local asset managers to explore asset management opportunities. He also toured the newly set up co-working facility within the IFC, Cloud Spaces that services offices