ADGM wins "Best International Financial Centre EMEA 2019"
29 Jul 2019
Abu Dhabi Global Market, ADGM, has been named ‘Best International Financial Centre (EMEA) 2019’ by London-based Capital Finance International, CFI.co, in recognition of its role in the advancement of capital markets and financial ecosystem across Europe, the Middle East and Africa region.
The judging panel commended ADGM for its comprehensive vision and its efforts in transforming the capital markets with market-driven initiatives and financial innovations. Some of ADGM’s unique traits include its "best-in-class and innovative regulatory framework and safe business environment", "the progressive legislative system of the ADGM Courts", and the "simple and efficient online business registration processes", its strategic location as the gateway of Europe, the Middle East, Africa and Central Asia, to name a few.
Commenting on the win, Ahmed Ali Al Sayegh, Minister of State and Chairman of ADGM, said, "We would like to thank our leadership, partners, and industry participants for making it possible for ADGM to establish a progressive jurisdiction that supports the economic transformation of Abu Dhabi and the MENA region. We also wish to extend our sincere appreciation to the judging panel of CFI.co and its participants for their vote of confidence.
"ADGM remains focused on a clear blueprint of unlocking liquidity, accelerating business and innovation, and upholding the highest global standards and best practice. With our robust regulatory regime, conducive ecosystem and innovative spirit, we look forward to providing more opportunities for financial activities anchored in Abu Dhabi to contribute further to the region’s economy and to reinforce the UAE’s position as a thriving financial and investment hub," he added.