Overview
- Now in its fourth edition, Abu Dhabi Finance Week began on 8 December at the new Grand Steps venue on Al Maryah Island, featuring 60+ events, 300+ sessions and around 800 speakers representing institutions managing about $62 trillion in assets.
- Crown Prince Khaled bin Mohamed bin Zayed approved the FIDA complex for fintech, insurance, and digital and alternative assets, led by Abu Dhabi’s Department of Economic Development and the Abu Dhabi Investment Office.
- Regulatory oversight for FIDA will be coordinated by the Ministry of Finance, the UAE Central Bank, Abu Dhabi Global Market and the Securities and Commodities Authority to provide an integrated governance framework.
- Officials project FIDA to add roughly AED 56 billion to Abu Dhabi’s GDP, attract AED 17 billion in investments and create 8,000 jobs by 2045, supporting private-market infrastructure, alternative lending and long-term savings solutions.
- The week’s program, organized by ADGM with ADQ, emphasizes advanced technologies such as artificial intelligence and quantum computing, and it runs through 11 December as Abu Dhabi advances its bid to be a global capital hub.