logo
ADGM launches an all-in-one mobile app to enhance connectivity and elevate experience across the financial district

ADGM launches an all-in-one mobile app to enhance connectivity and elevate experience across the financial district

Zawya27-01-2025

Streamlined services to support businesses, professionals, residents, and visitors by driving efficiency and collaboration.
Abu Dhabi, UAE: ADGM, the UAE capital's international financial centre, has officially launched today 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 provides seamless access to exclusive tools and services, enhancing the overall experience within ADGM's dynamic community.
An all-in-one digital solution for businesses and professionals, the ADGM App offers real-time updates on regulatory developments, compliance calendars, commercial licence renewals, and an exclusive professional networking feature to foster collaboration and unlock business opportunities within the community. For residents and visitors, it provides access to lifestyle features, cultural activities, exclusive offers, and a range of services designed to elevate their experience within the financial district.
S alem Mohammed Al Darei, CEO of ADGM Authority, said, 'As a leading international financial centre, ADGM remains committed to driving innovation and operational excellence. The launch of the ADGM App is a significant step forward in enhancing connectivity within our ecosystem, reinforcing our dedication to creating a digitally advanced, collaborative environment that fosters growth and progress across all sectors of our community.'
This initiative underscores ADGM's commitment to fostering collaboration, supporting sustainable development, and enhancing engagement across Abu Dhabi's ecosystem. Strategic partnerships with key stakeholders such as Hub71, ADIO, Aldar Properties, The Galleria, and Numou have enabled the integration of key services into the ADGM App, ensuring a seamless, efficient, and enriching user experience.
The ADGM App reinforces Abu Dhabi as a premier destination to live, work, and explore. The ADGM App is now available for download on the App Store and Google Play.
About ADGM
ADGM is the international financial centre (IFC) of the capital city of the United Arab Emirates, which opened for business on 21 October 2015. ADGM augments Abu Dhabi's position as a leading financial centre and a business hub serving as a strategic link between the growing economies of the Middle East, Africa, South Asia, and the rest of the world.
Operating within an international regulatory framework based on the direct application of English Common Law, ADGM governs the entirety of Al Maryah Island and Al Reem Island collectively designated as the financial free zone of Abu Dhabi.
ADGM is ranked as one of the most preferred and top-ranking IFCs in the Middle East and Africa region. Its progressive and inclusive business ecosystem fosters growth, resilience, and optimism, for global financial and non-financial institutions. Growing synergies between ADGM and multiple jurisdictions have positioned the centre as one of the world's most advanced, diverse, and progressively governed financial hubs.
For more details on ADGM, please visit www.adgm.com or follow us on LinkedIn and Instagram: @ADGM X: @adglobalmarket
For media queries please contact:
E: media@adgm.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi: ADGM assets under management show 33% YoY rise in Q1
Abu Dhabi: ADGM assets under management show 33% YoY rise in Q1

Gulf Business

time2 days ago

  • Gulf Business

Abu Dhabi: ADGM assets under management show 33% YoY rise in Q1

Image: ADGM Abu Dhabi Global Market (ADGM) has recorded a strong start to 2025, posting significant year-on-year growth across its ecosystem in Q1, as investor confidence and international interest in the UAE capital's financial centre remain high. Backed by major regulatory developments, global engagement and jurisdictional expansion, 'ADGM's Q1 2025 performance marks the beginning of another landmark year,' said Ahmed Jasim Al Zaabi, chairman of ADGM. 'This is not just a reflection of ADGM's capabilities to deliver sustained growth, but also the trust it has gained among global and regional institutions. 'ADGM continues to expand and diversify with purpose, welcoming leading firms, deepening international partnerships, and driving digital and sustainable transformation across sectors.' At a glance: ADGM's key growth areas in Q1 Assets under management (AUM): AUM grew 33 per cent from Q1 2024. A total of 119 fund and asset managers now manage 184 funds. Licences: The number of new licences issued increased by 67 per cent year-on-year. Entities: Operational entities surged 43 per cent to 2,781. Financial services entities rose 26 per cent to 367. Workforce: More than 29,000 people are now employed on Al Maryah Island, up 17 per cent from the previous year. Work permits: 3,509 new work permits were issued for businesses establishing on Al Reem Island. Expanded international presence and strategic engagements In January, an ADGM delegation attended iConnections Global Alts in Miami, held bilateral meetings in New York and Washington, and joined a panel titled 'Abu Dhabi: The Capital of Capital'. In February, ADGM participated in a high-level UAE-China delegation led by ADDED, supporting efforts to deepen bilateral economic ties. In April, ADGM conducted nearly 30 strategic meetings in Japan with institutions focused on private banking, wealth management and family businesses. Al Reem Island integration and new incentives More than 600 new businesses established on Al Reem Island and 500 existing firms migrated to ADGM licensing during Q1. ADGM revised its fee structure in January, slashing commercial licence fees by 50 per cent or more for non-financial and retail businesses. A flat licence fee of Dhs1,000 was introduced to boost SME access. Digital and blockchain developments In March, ADGM signed an MoU with Chainlink to enable compliant tokenisation frameworks. Stacks Asia and Bitgrit joined ADGM under its DLT Foundations framework. ADGM launched an all-in-one mobile app offering compliance tools, licence renewals and regulatory updates. A new digital real estate platform was introduced, enabling fully virtual sale and purchase transactions. Read: Focus on sustainable finance The Abu Dhabi Sustainable Finance Declaration reached 170 signatories, including Aquila Capital, Century Financial, Oryx Global Partners, PwC and Olive Gaea. The initiative continues to promote ESG integration in the region's financial sector. Human capital and UAE National empowerment ADGM Academy created 800 job placements for UAE Nationals across nine career tracks. Signed strategic MoUs with Arab Youth and the Federal Tax Authority to support upskilling in technology and finance. Published six research papers on the impact of AI in the UAE financial sector via the ADGMA Research Centre. As the financial centre continues its expansion and regulatory innovation, it expects further growth in 2025, particularly from financial markets in Europe and Asia.

Former Lebanese PM Saad Hariri registers SPV company at ADGM
Former Lebanese PM Saad Hariri registers SPV company at ADGM

Arabian Business

time5 days ago

  • Arabian Business

Former Lebanese PM Saad Hariri registers SPV company at ADGM

Saad Hariri, the former Lebanese Prime Minister and businessman, is launching an investment firm in Abu Dhabi, Bloomberg has reported. The 55-year-old, who served as Prime Minister of Lebanon for two terms, has registered his special purpose vehicle company, Genesis SPV Ltd., at Abu Dhabi Global Market (ADGM) on 23 May. Hariri is listed as the sole shareholder of the company, according to the financial free zone's filings. Bloomberg added that the plan, which is in the early stages, is for Genesis to invest across the global technology sector, prioritising bets on artificial intelligence. In the ADGM filing, the company said about its business activities: 'Special Purpose Vehicle – holding ownership of equity and non-equity assets (not permitted to register branches – permitted to incorporate wholly or partially owned subsidiaries outside of ADGM).

ADGM Sees Surge in Asset Management and New Entrants in Q1 2025
ADGM Sees Surge in Asset Management and New Entrants in Q1 2025

Arabian Post

time5 days ago

  • Arabian Post

ADGM Sees Surge in Asset Management and New Entrants in Q1 2025

Abu Dhabi Global Market reported a 33% year-on-year increase in assets under management for the first quarter of 2025, reaching a total managed by 119 fund and asset managers across 184 funds. This growth underscores ADGM's expanding role as a prominent international financial centre. The financial free zone experienced a 67% rise in new licences issued compared to the same period in 2024, bringing the total number of operational entities to 2,781—a 43% annual increase. Financial services entities specifically grew by 26%, totalling 367 by the end of March. Notable firms establishing a presence in ADGM during this period include Skadden, Investindustrial, NewVest, Arcapita, Polen Capital, Seviora, Olive Gaea, TON, and Aquila Group. Additionally, German asset manager Patrizia received regulatory approval to commence operations, marking its first office in the Middle East. ADVERTISEMENT The workforce on Al Maryah Island, ADGM's primary location, expanded by 17% year-on-year, surpassing 29,000 individuals. The extension of ADGM's jurisdiction to Al Reem Island contributed to this growth, with over 600 new businesses established in the expanded area. ADGM's Chairman, Ahmed Jasim Al Zaabi, attributed the strong performance to sustained global investor confidence and strategic initiatives aimed at enhancing Abu Dhabi's status as a financial and innovation hub. He emphasized ADGM's commitment to supporting capital formation and digital transformation across sectors. The financial centre's appeal is further bolstered by its adoption of English common law, providing a clear and stable legal framework for international businesses. This legal environment, combined with regulatory enhancements and a streamlined licensing process, continues to attract a diverse set of global firms seeking to leverage Abu Dhabi's financial infrastructure. ADGM's focus on digital assets and sustainable finance is evident through partnerships and initiatives launched during the quarter. The collaboration with Chainlink aims to develop robust systems for digital tokens and financial tools, while the Abu Dhabi Sustainable Finance Declaration now boasts 170 signatories, reflecting a growing commitment to responsible investment practices. The ADGM Academy played a significant role in workforce development, facilitating job opportunities for UAE nationals through specialized training programs. The academy also released research papers focusing on the future of finance in the UAE, highlighting the impact of emerging technologies on the sector.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store