Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said that vibrant capital markets play a critical role in supporting the UAE’s position as a leading country to do business in.
On a visit on Monday to the Abu Dhabi Global Market (ADGM) on Al Maryah Island, Sheikh Mohammed was briefed by Ahmed Al Sayegh, ADGM’s chairman, on the development of the financial free zone since it was set up in 2015.
Key areas of growth include efforts to promote innovation in fintech, aviation financing and building up the regulatory environment through cooperation with agencies around the world such as the Singapore Monetary Authority.
Sheikh Mohammed called on the employees at ADGM to exert more efforts and invest in all available opportunities in the UAE to promote economic and commercial growth, and to put additional plans in place to promote the economic activity taking place in the country.
He said that ADGM, along with the UAE’s other financial markets, plays a vital role in consoli dating the country’s position as one of the leading international business and financing hubs.
* With Wam
