#Abu Dhabi Global Market
The licence would have allowed the crypto exchange firm to manage a collective investment fund
The bank had set up a legal entity in ADGM in 2021, but has had a physical presence in the UAE for more than a decade
ACX established its regional base in ADGM in August 2021 with the support of Hub71, Abu Dhabi’s global tech ecosystem
The subscription will be open from November 2 to November 9
It has been structured to provide comprehensive multi-asset class investment solutions for a diverse clientele
The regional office will be led by Firas Mallah, managing director and head of the Middle East
Its global headquarters in Abu Dhabi Global Market will be called H-Lab
The framework complements ADGM’s existing regulation of carbon offsets, facilitating the establishment of the world’s first regulated carbon offsets exchange and clearing house
Last year, several ADGM-based companies listed on ADX including Borouge, Burjeel Holdings, Bayanat AI and Americana Restaurants while Anghami completed its listing on NASDAQ
The proposition is an all-in-one solution designed to ensure complete business mobility by equipping each employee to work remotely or in a hybrid work environment
The changes, first proposed in March, received a significant and supportive response from the industry and wider stakeholders
A key alignment of the framework with international best practices is the mandatory prerequisite for registered insolvency practitioners to obtain a security bond before any appointment
The principles aim to support FSRA’s collaboration with other regulators and inform the wider public of how it responds to underlying risks in the sector
The recent visit resulted in the signing of three agreements covering fintech, data protection and privacy, and cybersecurity
Abu Dhabi Global Market will provide a suite of exclusive services and offers to Golden Visa holders through ADRO’s exclusive loyalty programme
Kraken was the first global exchange to have received a full license to operate a regulated virtual asset exchange platform in the Abu Dhabi Global Market
The campaign would encourage more than 300 global technology firms to relocate to the UAE
Abu Dhabi Global Market has also amended the existing real property related fees by enacting the Real Property Regulations (Fees) Rules 2022
Kraken has received a Financial Services Permission license to operate a regulated virtual asset exchange platform in ADGM
Upon completion of the application, Binance will be able to offer services regarding virtual asset offerings to customers across the MENA region
Corporates will be able to trade and finance carbon credits like conventional financial assets
ADGM’s FSRA has published a paper proposing wide-ranging amendments covering virtual assets, securities, derivatives, commodities and benchmarks
In a first for a full-service digital asset bank in the UAE, it received a nod from the Abu Dhabi Global Market Financial Services Regulatory Authority
Decentralised exchanges, one of the largest contributors to DeFi growth, reported more than $1tn in trade volume over the last year
ADGM purchased and retired all its 2021 carbon credits via the Rimba Raya project in Indonesia
The agreement seeks to improve the integration of next-generation technologies and develop advanced digital-based educational methods
The agreement enables Bank Hapoalim to access banking and innovation opportunities in the Middle East, Africa and South Asia through the DIFC platform
AI is a crucial supporting tool, and can boost sales, identify fraud, enhance customer experience, automate processes, and assist with predictive analysis
Alvarez & Marsal managing directors Richard Fleming and Ben Cairns have been appointed joint administrators
Aurora50 is initiating the discussion around board-level gender diversity with a virtual event