ADGM welcomes UK delegation led by the Minister of State for Media, Data and Digital Infrastructure

ADGM welcomes UK delegation led by the Minister of State for Media, Data and Digital Infrastructure

- The visit underscores the strengthening of relations between ADGM and the United Kingdom.

Abu Dhabi, UAE:– Abu Dhabi Global Market (ADGM), the leading international financial centre in Abu Dhabi, has welcomed a delegation from the United Kingdom (UK) Government’s Department for Digital, Culture, Media, and Sport (DCMS). The delegation was led by H.E. Julia Lopez MP, Minister of State for Media, Data and Digital Infrastructure and witnessed the presence and participation of H.E. Patrick Moody, His Majesty’s Ambassador to the UAE. The Chairman of ADGM, H.E. Ahmed Al Zaabi and ADGM’s senior management members welcomed and met the UK delegation

With the deeply rooted history of business and bilateral relationships, the new leaders from the UK and the UAE have been in recent conversations to review mutual ties and ways to strengthen them. The UAE stands as the UK’s 25th largest trading partner and has seen unprecedented growth within the last decade, from AED 60 billion in 2014 to AED 92 billion in 2020. The current year poses to break these numbers and is projected to be approximately AED 125 million in the next couple of years.

Commenting on the visit, Ahmed Al Zaabi, Chairman of ADGM said “As the international financial