Tagged: abu dhabi

October 19, 2025 @ 9:59 pm By Michael Wong  |  

Abu Dhabi’s International Holding Company (IHC) said it has acquired a majority stake in state-owned First Women Bank Ltd (FWBL) after Pakistan completed a government-to-government privatisation under its Inter-Governmental Commercial Transactions Act of 2022. The announcement, at a ceremony attended by Sheikh Zayed bin Hamdan… Read More

October 4, 2025 @ 6:26 pm By Michael Wong  |  

Indonesia-based private equity firm Sriwijaya Capital has signed a memorandum of understanding with Abu Dhabi’s BlueFive Capital to form a strategic alliance aimed at channeling more Gulf capital into Southeast Asia and expanding access for ASEAN investors to Middle Eastern opportunities, the firms stated. The… Read More

September 8, 2025 @ 11:53 pm By Omar Faridi  |  

Adams Street Partners, LLC, a Chicago-based firm specializing private markets investment management, has officially unveiled its first office in the Gulf Cooperation Council (GCC) region. With (a reported0 over $62 billion in assets under management (AUM), Adams Street’s entry into Abu Dhabi underscores the firm’s… Read More

August 26, 2025 @ 3:52 am By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the UAE capital’s premier international financial center, has recently introduced two significant initiatives aimed at enhancing governance, transparency, and investor confidence in its jurisdiction. These developments—a new real estate-focused permit service and finalized amendments to the Financial Services Regulatory Authority’s… Read More

July 19, 2025 @ 5:52 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the UAE capital’s international financial center, continues to solidify its position as a hub for financial services and collaboration through key developments announced recently. The Financial Services Regulatory Authority (FSRA) of ADGM signed a Memorandum of Understanding (MoU) with the… Read More

June 2, 2025 @ 9:51 pm By Omar Faridi  |  

The Office of Data Protection at ADGM, the international financial centre of Abu Dhabi, and the Office of Data Protection of Astana International Financial Centre (AIFC), have officially signed a Memorandum of Understanding (MoU) to enhance collaboration “in data protection and the enforcement of privacy… Read More

May 28, 2025 @ 8:39 am By Omar Faridi  |  

Carta, the software platform purpose-built for private capital, announced its Financial Services Permission (FSP) from ADGM’s Financial Services Authority (FSRA), unlocking a new phase of growth in the MENA region. This milestone advances Carta’s global mission “to make private markets more accessible, transparent, and equitable.”… Read More

May 11, 2025 @ 9:54 pm By Tony Zerucha  |  

AltNovel, an Abu Dhabi-based private markets platform regulated by the Financial Services Regulatory Authority (FSRA), has partnered with 3iQ, a global digital asset investment manager, to launch the AltNovel Digital Access Portfolio, what it claims is the first ever digital asset multi-strategy fund in the… Read More

April 25, 2025 @ 4:32 am By Omar Faridi  |  

ADGM, the international financial center of the UAE capital, Abu Dhabi, announces the launch of the Virtual Sell and Purchase, the real estate service, which allows multiple steps within property transactions to be “completed virtually by buyers, sellers, and associated banks.” ADGM’s new service streamlines… Read More

February 2, 2025 @ 5:48 pm By Omar Faridi  |  

ADGM, the UAE capital’s international financial centre, has officially launched its all-in-one mobile App, which is set to redefine how businesses, employees, and residents engage within the financial district. Designed to streamline connectivity, the app reportedly provides seamless access to various tools and services, “enhancing… Read More

December 17, 2024 @ 9:17 pm By Omar Faridi  |  

ADGM, the international financial centre, signed a Memorandum of Understanding (MoU) with Beijing Financial Street Service Bureau. As explained in the update, this latest agreement reinforces the commitment to fostering connections, particularly in the areas of international “development and industry promotion, further advancing the growth… Read More

December 16, 2024 @ 12:40 pm By JD Alois  |  

OurCrowd revealed a new VC investment center in Abu Dhabi to manage deals for its platform while expanding its market back in late 2022.  At the same time, the investment platform announced an AI hub named Integrated Data Intelligence Ltd (IDI), which seeks to develop… Read More

December 10, 2024 @ 10:14 pm By Omar Faridi  |  

Crypto.com has announced a further acceleration of its plan to offer traditional financial services products with the acquisition of Orion Principals Limited, which is reportedly regulated by the Abu Dhabi Global Market (ADGM). Orion is an Abu Dhabi-based brokerage firm and is reportedly licensed by… Read More

December 2, 2024 @ 10:28 pm By Omar Faridi  |  

ADGM, the international financial centre (IFC) of Abu Dhabi, announced another quarter of steady growth, with a number of key achievements for the third quarter (Q3) of 2024 across various metrics. The results are said to underscore ADGM’s role in Abu Dhabi’s strategic goal to… Read More

October 26, 2024 @ 1:09 pm By Omar Faridi  |  

CyBirb, a Web3 security company, announced its official launch within Abu Dhabi Global Market (ADGM), which is the international financial centre of the UAE’s capital. As mentioned in the update shared by ADMG, this key move now aims to strengthen capabilities in blockchain cybersecurity and… Read More

October 12, 2024 @ 6:21 pm By Omar Faridi  |  

Gemcorp Capital, a global asset management firm focused on emerging markets, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in order to operate in the Abu Dhabi Global Market (ADGM) and has opened a business office in Abu Dhabi…. Read More

October 12, 2024 @ 6:15 pm By Michael Wong  |  

Digital wealth management platform Arta Finance has announced its global launch alongside a significant partnership with Abu Dhabi-based fintech firm Wio Invest. This collaboration represents a major step in Arta’s business-to-business expansion, as Wio Invest plans to integrate Arta’s wealth-as-a-service platform into its digital offerings… Read More

September 23, 2024 @ 5:33 pm By Omar Faridi  |  

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, today announced the opening of an office in Abu Dhabi, United Arab Emirates (UAE), having received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM)… Read More

September 16, 2024 @ 8:53 pm By Omar Faridi  |  

PGIM, the $1.33 trillion global investment management business of Prudential Financial, Inc., has received Financial Services Permission (FSP) to operate in Abu Dhabi Global Market (ADGM) and has opened a new office in Abu Dhabi, “located in the heart of the city’s financial district.” Establishing… Read More

September 14, 2024 @ 12:45 pm By Michael Wong  |  

Abu Dhabi’s sovereign wealth fund, Mubadala, has taken its first stake in London-based Fintech company Revolut, participating in a share sale that valued the firm at $45 billion. Revolut is one of the largest crowdfunding success stories. During its early days, the company raised money… Read More