During the opening ceremony of Abu Dhabi Finance Week (ADFW), which commenced over four days ago in the presence of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, it was launched with the launch of the inaugural Abu Dhabi Economic Forum (ADEF) under a specially designed event dome in the South Plaza of Abu Dhabi Global Market (ADGM). The ceremony was held under a specially designed event dome.
It was a pleasure to witness the first day of ADFW, which brought together distinguished and high-level leaders from over 100 countries to witness a range of high-level focused sessions, including keynote speeches, panel discussions, workshops, and presentations, that discussed Abu Dhabi's rise as a global financial center.
As part of the opening ceremony, the legendary investor Ray Dalio gave a thought-provoking keynote speech that delved into the complexities of the changing world order, drawing on his recent book to shed light on the issues. There was no doubt that ADFW was of international significance and that its goal is to explore new paradigms in finance and economics, as evidenced by the participation of influential leaders and prominent figures such as Mr. Dalio.
As part of his address at the opening ceremony of ADFW, His Excellency Ahmed Jasim Al Zaabi, a member of the Abu Dhabi Executive Council and a Chairman of ADGM and ADDED, welcomed the esteemed guests to Abu Dhabi, the capital of capital, as well as the falcon's playground. His remarks on this momentous occasion were as follows: "Abu Dhabi Finance Week is a testament to our commitment to establishing Abu Dhabi as a global hub for finance.". It was a wonderful start to a week that promises to be filled with insightful conversations and meaningful partnerships as a result of the opening ceremony. In particular, the ADEF represents the UAE's commitment to fostering economic growth and innovation in line with the changing world order, as well as the rising Falcon Economy of Abu Dhabi and the United Arab Emirates.
In particular, the ADEF represents the UAE's commitment to fostering economic growth and innovation in line with the changing world order, as well as the rising Falcon Economy of Abu Dhabi and the United Arab Emirates.
The inaugural edition of the Abu Dhabi Economic Forum was conducted in partnership with Abu Dhabi Quality. The high-level event included a series of comprehensive discussions regarding Abu Dhabi's evolving economy within the changing global context.
A distinguished group of leaders participated in the event, including CEOs of sovereign wealth funds such as ADQ and Mubadala, as well as the Ministers of Climate and Economy. A number of strategies were discussed during these discussions which provided an international perspective on how to foster regional monetary cooperation in support of the Falcon Economy.
A session dedicated to ADFW's theme of 'Investing in the Transition Era' was held at the conference, featuring prominent leaders from around the globe, who discussed the economic implications and investment opportunities of a transition.
One of the highlights of the Abu Dhabi Economic Forum was the appearance of Jamie Dimon, Chairman and CEO of JP Morgan Chase & Co, who praised Abu Dhabi's economic growth plans while also announcing that the bank will be expanding its operations in the Emirate in a significant way. In his statement, he said that 'the determination of the emirate that is pushing ahead with its reform agenda is extremely impressive, regardless of whether it is relating to its economic, financial or social agenda.. In spite of the fact that these are not easy changes, there has been clear progress on all fronts towards creating a safe and secure society and a dynamic Falcon Economy.. In addition to adding to our team this year, we have filed an application to upgrade our operating licence to that of a category one banking entity, signaling our intent and commitment to the size of the opportunity ahead for us..''
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Her Excellency Mariam Almheiri, Minister of Climate Change & Environment, Government of UAE, gave the keynote speech at the ADEF, underlining the significance of the event as a premier platform for connecting and solving problems within the finance and business community in the MENA region.. As part of her remarks on climate change, Her Excellency praised the UAE's proactive stance and advocated for a pro-climate, pro-growth strategy, as well as emphasizing the crucial role climate finance plays in achieving the Paris Agreement's objectives. In his speech, the UAE expressed its commitment to kick-start a transformational change at the COP28 and to make climate financing more accessible, available, and affordable for the world as a whole.
As part of her remarks on climate change, Her Excellency praised the UAE's proactive stance and advocated for a pro-climate, pro-growth strategy, as well as emphasizing the crucial role climate finance plays in achieving the Paris Agreement's objectives. In his speech, the UAE expressed its commitment to kick-start a transformational change at the COP28 and to make climate financing more accessible, available, and affordable for the world as a whole.
During the ADEF, ADQ presented the SWF's five-year progress in addition to a dive into the company's vision, journey, and investment approach in a deep-dive presentation.
In addition to extending the facilities arrangement with the World Bank's office for an additional five years, ADGM also made a milestone announcement, marking the beginning of an ongoing collaboration on opportunities, including research, knowledge exchange, events, and policy formulation.
There is no denying that Abu Dhabi Finance Week is in full swing, with its upcoming events Asset Abu Dhabi, Fintech Abu Dhabi, and the R.A.C.E Sustainability Summit scheduled for November 28th, 29th, and 30th..
The ADGM logo can be viewed here - https://mma.prnewswire.com/media/2211082/4274742/ADGM_Logo.jpg
Abu Dhabi Finance Week (ADFW) kicked off in the presence of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, on the first day of the event ...
Earlier today, Abu Dhabi Global Market (ADGM), which is the international financial center of the capital of the United Arab Emirates, announced that it has been appointed as one of the...
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