Abu Dhabi Global Market
Abu Dhabi
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
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's Global Data Centre Fund creates value through asset-level development joint ventures with leading data centre operators Abu Dhabi Global Market
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 Abu Dhabi
Two connected towers on Al Maryah Island to offer 98,000 square metres of new Grade-A office space as demand soars in Abu Dhabi Abu Dhabi Global Market
MERED expands into Abu Dhabi with Al Reem Island properties make most of ADGM ecosystem Abu Dhabi
The financial hub now has 2,088 operating entities, including 231 financial services entities, a 31% increase compared to H1 2023 Abu Dhabi Global Market
The UAE's 'responsive' regulatory environment for crypto serves as a model for other countries, experts say
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Khaleej Times
4 days ago
- Khaleej Times
Economy Middle East Summit 2025, gathers public, private sectors to drive sustainable growth
Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence has officially opened the Economy Middle East Summit 2025, which convened high-level public and private sector leaders to discuss collaborative solutions for sustainable economic transformation. The event was held at Abu Dhabi Global Market (ADGM) under the theme 'Bridging Sectors, Building Economic Growth', and brought together more than 1,500 participants, including policymakers, business leaders, global investors, and technology pioneers. In his opening address, Sheikh Nahayan welcomed delegates and emphasised the summit's timely focus on collaboration and future-readiness. He said: "It is a deep personal pleasure to join you at the second edition of the Economy Middle East Summit. We come together as governments, businesses, and stakeholders to share knowledge, forge partnerships, and imagine new possibilities for the future of our economies and our region." 'Today, we gather at a critical moment that demands clarity of vision, boldness of action, and depth of partnership. The global economic landscape is undergoing profound transformation — driven by shifts in trade, geopolitical realignments, technological revolutions, and societal expectations. These changes offer rare windows of opportunity,' he added. He affirmed the UAE's proactive approach under the leadership of President Sheikh Mohammed bin Zayed Al Nahyan, saying: 'We are fully committed to economic diversification, innovation, and global competitiveness. From smart infrastructure and AI to sustainable finance and forward-looking education, we are building the pillars of future growth.' Sheikh Nahayan went on to stress regional integration: 'Now is the time to transform our regional ties into corridors of collaboration and opportunity. We must harmonise digital trade regulations, invest in green infrastructure, nurture entrepreneurs, and align our innovation and education systems. By working together, we can ensure that the Middle East is not only resilient — but energised with new possibilities.' 'Bridging Sectors, Building Economic Growth' is not just a slogan — it is a mission. Let us invest boldly, collaborate openly, and build a sustainable, inclusive economic future for our region,' he concluded. Abdulla bin Touq Al Marri, UAE Minister of Economy, delivered the opening remarks and shared the UAE perspective on navigating the global economy. 'The global economic landscape in 2025 is marked by heightened uncertainty. The IMF's latest World Economic Outlook projects global growth at 2.8 per cent and this year at 3 per cent next year,' the minister said. Al Marri explained that the slower than usual growth is primarily due to escalating trade tensions and persistent policy uncertainty. He also mentioned the resurgence of protectionist policies, most notably the recent US tariff hikes, which have disrupted trade flows, eroded business confidence, and delayed investments. He added: 'Our approach is rooted in the belief that economic prosperity is achieved through cooperation, not isolation. By building bridges, we aim to create a more inclusive and sustainable global economy. Our Comprehensive Economic Partnership Agreements (CEPAs) with countries across Asia, Europe, and Africa reflect this commitment, expanding our market access, strengthening supply chains, and accelerating investment flows. These agreements have not only diversified our economic partnerships but have also bolstered our resilience against external shocks. As a result, we expect the impact of recent US tariffs on the UAE economy to remain limited.' Salem Al Darei, CEO of ADGM Authority said: 'As an official partner of the Economy Middle East Summit, we are pleased to have been part of this platform that brought together influential voices from across the region. The event not only provided an invaluable opportunity for industry experts and leaders to engage in meaningful discussions, but also an opportunity for the ecosystem to listen to and connect on matters that are important for fostering innovation and driving sustainable economic growth.' "ADGM remains committed to contributing towards a prosperous and sustainable economy by fostering innovation, enabling business growth, and strengthening collaboration between public and private sectors. Through strategic initiatives like these, ADGM continues to play a vital role in shaping the region's economic future," he added. A high-profile panel featuring Dr Mahmoud Mohieldin, the UN special envoy on Financing the 2030 Agenda; Rashed Al Blooshi, undersecretary of the Abu Dhabi Department of Economic Development; and Safaa El Tayeb El-Kogali, country director for the GCC, World Bank, discussed the world's economic landscape, highlighting key issues that affect global trade, noting that the global economy's order which has been in place for decades, is now changing. The summit featured an in-depth analysis of the UAE's investment ecosystem, with experts from Visa, the Abu Dhabi Investment Office (ADIO) and the Multiply Group discussing trade and investment opportunities across key sectors. The panel shed light on the growing adoption of e-commerce and mobile commerce in a rapidly evolving digital landscape. A related panel on the financial services sector featured speakers from Wio Bank, Finstreet and the Financial Services Regulatory Authority of ADGM who explored the forces reshaping the industry, from digital innovation and regulatory developments to shifting customer expectations and regional growth. Technology continues to be a major conduit for enabling smart cities to thrive and enhancing living standards across the region, but also in transforming the mobility of people and goods as well as in transitioning to a greener and sustainable economy. Major stakeholders and thought leaders in this field – from e& and Mercedes-Benz to Siemens and Mubadala – shared optimism on the region's path to technological adoption and innovation. The experts also examined innovative approaches to decarbonising power systems, enhancing water and energy efficiency, and building infrastructure that supports long-term environmental and economic goals. Joe Chidiac, publisher of JC Media Group and organisers of the summit, said: 'As we venture into today's journey of dialogue and discovery, I challenge each one of you to embrace the spirit of innovation that has been the hallmark of the UAE and its capital, Abu Dhabi. The partnerships formed here, the ideas exchanged, and the commitments made will ripple beyond these walls to shape economies, empower communities, and create prosperity for generations to come. Together, let us bridge sectors and build not just growth, but a legacy of sustainable economic excellence.'
Zawya
5 days ago
- Zawya
New Energy Investor Summit Middle East 2025 unites global leaders to accelerate green investments
This landmark event aims to bridge the gap between capital and renewable energy projects, spotlighting the UAE's pivotal role in the global energy transition and positioning Abu Dhabi as the Capital of Green Capital. Abu Dhabi, The New Energy Investor Summit Middle East 2025 convened at ADGM bringing together global policymakers, project developers, investors, and sustainability pioneers to catalyse investment in green energy and decarbonisation initiatives across the Middle East and beyond. This landmark event aims to bridge the gap between capital and concrete climate action, spotlighting the UAE's pivotal role in the global energy transition. The summit provided a platform for stakeholders to engage in high-level discussions, fostering partnerships and exploring investment opportunities in renewable energy, hydrogen, and sustainable infrastructure. The event attracted regional and global leaders in climate finance and energy transition at ADGM, positioning Abu Dhabi as the Capital of Green Capital. The summit, themed 'Bridging the Gap Between Capital and Projects', opened with a keynoteaddress by Her Highness Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President & CEO of the UAE Independent Climate Change Accelerators (UICCA). During the inaugural keynote, Her Highness stated: 'A substantial gap exists between the amount of finance needed to achieve our ambitious net zero goals, and where we stand today. Platforms like the New Energy Investor Summit are vital to unlocking capital, driving innovation, and strengthening collaboration. Similarly, initiatives like the UICCA's UAE Carbon Alliance, Policy Hack series, and its Launchpad programme, are all part of a broader effort to build a robust, inclusive climate ecosystem. By aligning public and private efforts, we can accelerate investment in clean technologies and advance carbon markets to support climate action – while growing the green economy.' Session 1: High-Level Dialogue on Global Policy, Regulation and Investment The first session explored national and regional frameworks that support decarbonisation and investment. The topics included the alignment of energy policies with international climate agreements and regulatory incentives to accelerate renewable energy adoption. Participants examined the role of financial regulators, as well as how national infrastructure planning can align with long-term decarbonization goals and efforts towards energy transition. Keynotes were delivered by H.E. Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, and Horst H. Mahmoudi, Executive Chairman of Smartenergy, with expert insights from Dipak Sakaria (UAE Ministry of Energy & Infrastructure), Petra Schwager (UNIDO), Cornelius Matthes (Dii Desert Energy), Wael Almazeedi (Avance), and Hector Perea (XRG). H.E. Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, said: 'The New Energy Investor Summit reinforces ADGM's position as a global leader in climate innovation and further solidifies Abu Dhabi's role as the home of Green Capital. As the world faces an urgent demand for climate action, we find ourselves at a pivotal moment where the need to connect investment with innovation, has never been more critical. Today, we are building the bridges that will link capital with climate solutions, align ambition with tangible action, and unite policymakers, investors, and innovators'. Horst H. Mahmoudi, Executive Chairman of Smartenergy, said: 'Our venture into the UAE is a strategic decision to place Smartenergy at the nexus of the world's emerging new energy hubs. Under its visionary leadership, the UAE is spearheading the worldwide push towards clean and renewable energy. We are committed to supporting these initiatives by catalysing green molecule markets. The New Energy Investor Summit is helping us to create a bridge between continents to capitalise on the emerging opportunities offered by the current renewable energy market.' Session 2: Transcontinental Synergies MEA-Europe This session explored strategic cooperation between the Middle East & Africa (MEA) and Europe in building integrated green value chains and achieving shared climate targets. Topics include transcontinental hydrogen corridors, harmonizing certification standards for green molecules, and the role of intergovernmental agreements in unlocking cross-border trade and investment. Speakers addressed joint R&D initiatives, infrastructure co-development, and the importance of political and international alignment to create predictable, long-term frameworks for decarbonization. Keynotes were presented by H.E. Lucie Berger, EU Ambassador to the UAE; H.E. Arthur Mattli, Swiss Ambassador to the UAE and Bahrain; and Jorgo Chatzimarkakis, CEO of Hydrogen Europe. Panelists included Capt. Saif Al Mheiri (AD Ports Group), David Smith (Marubeni), and Dimitrios Dimitriou (EMSTEEL Group), Siddharth Malik, CEO (Jindal Renewables) and Anas Aljuaidi, (Mannesmann Energy) who discussed cross-border collaboration and investment in clean hydrogen, infrastructure, and climate technology. Session 3: Supply and Demand – Scaling up Green Molecule Production The third session addressed the industrial-scale production of green molecules such as hydrogen, ammonia, methanol and sustainable aviation fuel (eSAF). As green hydrogen emerges as a pivotal solution in the global race to decarbonize, and given the increased demand for energy, this session explored the financial, technological, and geopolitical dimensions of scaling up hydrogen ecosystems. Keynotes were presented by Andreas Michael Feil, First Secretary, German Embassy UAE, Dr. Alejandro Rios Galvan (SAF Consultant), Andrès Isaza (Smartenergy). The panel featured Dr. Sami Kamel (Dutco Cleantech), Raghu Viswanathan (Smartenergy), Alexandros Kosmas, (Airbus), Pedro Amaral Jorge, (APREN) and Alexis Rostand (Eiffel Investment Group). Session 4: Bridging the Gap – Financing Mega-scale Green Molecule Projects This session delved into the critical financial frameworks and instruments needed to bring mega-scale hydrogen and green molecule projects from vision to reality. Speakers addressed the bankability of large-scale infrastructure investments, evolving risk-sharing mechanisms, and innovative financing models including blended finance, sovereign guarantees, and green bonds. The discussion highlighted how multilateral institutions, export credit agencies, and private capital can align to unlock billions in green infrastructure. With global demand for low-carbon fuels accelerating, the session explored how transparent regulatory environments and long-term offtake agreements can de-risk investments and catalyze global capital flows into the MENA region. A keynote was presented by Nabil Ayoun, Industrial Transition Accelerator (ITA). The panel featured Mohamed Hesham, (2PointZero), Gido Van Graas, (FAB), Maheur Mourali (the Arab Energy Fund), Karim Mourad, (ADIA) and Sami Neffati (Investcorp). A Platform for Action The summit underscored the UAE's leadership in advancing sustainable finance and innovation. It provided a vital forum for aligning policy, capital, and technology to accelerate the region's energy transition. With participation from global investors, government officials, and climate experts, the event fostered actionable dialogue on green project development, financing mechanisms, regulatory frameworks, and public-private partnerships. Panel discussions explored investment opportunities in green hydrogen, cross-border collaboration between the Middle East and Europe, and the role of private investment, technological progress and public-private partnerships in accelerating the energy transition. About the New Energy Investor Summit Middle East Organized by leading industry bodies and supported by regional authorities, the summit serves as a catalyst for sustainable investment in the Middle East. By bringing together key players in the energy sector, the event aims to facilitate the deployment of clean technologies and promote economic diversification and energy transition, aligned with environmental goals. Hosted by ADGM and Smartenergy, the New Energy Investor Summit Middle East serves as a premier platform for connecting capital with climate-positive projects. It aims to mobilise investment in renewable energy, clean technology, and decarbonisation strategies, supporting the UAE's vision for a sustainable, net-zero economy. The New Energy Investor Summit Middle East will be held annually. Next year's edition is scheduled for 15 April 2026. Smartenergy Founded in 2011 and located in Wollerau, Switzerland, Smartenergy focuses on investments in renewable energy and related ventures. We identify, develop and deliver green energy assets. We are a driving force in the ongoing transition of industry towards green energy, focused on the deployment of solar, wind, green hydrogen and Power-to-Liquid projects. We are committed to the potential of hydrogen and its derivatives such as eSAF for decarbonization where electrification is not possible. Beyond our headquarters team in Wollerau, we rely on our own local subsidiaries in all our focus markets. Local knowledge and proximity to industry stakeholders allow us to identify and secure opportunities at an early stage.
Khaleej Times
6 days ago
- Khaleej Times
Swift Audit & Advisory powers growth for crypto businesses in the UAE's digital economy
As the UAE emerges as a global hub for digital assets, Swift Audit & Advisory is playing a pivotal role in supporting crypto and blockchain-based businesses with the financial clarity, regulatory readiness, and operational strength they need to thrive. From early-stage ventures to established exchanges, Swift delivers tailored advisory services grounded in deep sector knowledge and local expertise. Whether it's an early-stage startup or a fully operational exchange, Swift Audit & Advisory provides strategic support across areas such as licensing, compliance, financial governance, and cybersecurity. Its services cover advisory for VARA and ADGM licensing, AML/KYC policy reviews, internal audit, tax structuring, and cybersecurity risk assessments. 'Swift fully aligns with the UAE's ambition to become a leading global hub for digital assets under its 2030 economic vision. By supporting crypto businesses with audit, compliance, and advisory services, we contribute to building trust and transparency in the sector - two essential elements for market stability and investor confidence. Our work helps position the UAE as a jurisdiction where digital assets can thrive under clear regulatory and financial governance,' said Arwa Naccho, Managing Partner at Swift Audit & Advisory. Swift Audit & Advisory currently serve eight businesses operating across the digital asset ecosystem. These include blockchain education platforms, crypto content and trading services, and businesses in industries that integrate blockchain or crypto wallets for payment processing. This wide-ranging exposure allows the company to deliver nuanced, fit-for-purpose advisory services across both crypto-native and crypto-adjacent operations. 'Through our specialized compliance advisory and financial structuring support, we've helped crypto-related businesses reduce regulatory exposure and streamline operations. By enhancing their financial reporting practices and aligning their compliance frameworks with UAE regulations, our clients have minimized the risk of penalties and achieved greater clarity over cost drivers. This in turn allows them to allocate resources more efficiently, fueling growth and innovation,' added Arwa Naccho, Managing Partner at Swift Audit & Advisory. As the UAE's digital asset regulatory environment continues to mature, Swift plans to expand its services with targeted Crypto Risk Assessments and Regulatory Readiness Programs designed to help clients anticipate and meet compliance expectations proactively. The company is also building partnerships with legal and cybersecurity specialists to provide a comprehensive suite of governance, risk, and compliance (GRC) services for crypto businesses. Swift Audit & Advisory strength lies in combining deep expertise with localized UAE market knowledge. While many firms rely on template-based approaches, Swift delivers practical, context-specific advisory tailored to the unique compliance and operational challenges in the digital asset space.
