Abu Dhabi Financial Week kicks off in ‘Capital’

Abu Dhabi welcomes participants under the slogan “Welcome to the capital”, where Abu Dhabi Financial Week 2024 will highlight the key role of the capital, which is the richest city in the world, in addition to its attractiveness as a prominent destination for prominent people. talents and competences, technological capabilities and pioneering innovations.

Abu Dhabi Financial Week 2024 will be held at Abu Dhabi Global (ADGM), the capital’s international financial centre, and its activities will continue from 9 to 12 December. This high-profile event contributes to strengthening Abu Dhabi’s position as a leading financial centre, as well as strengthening the capital’s capabilities and its ability to shape the future of the financial sector.

More than 20,000 people, more than 3,500 companies and financial institutions and almost 600 speakers are expected to participate in the event. The list of prominent speakers who have confirmed their participation in the high-level discussions and sessions organized by Abu Dhabi Financial Week include Ray Dalio, founder and investment consultant of Bridgewater Associates, Larry Fink, chairman and CEO of BlackRock, and Sergio Ermotti , CEO of UBS Group, His Excellency Carme Artigas Brugal, Co-Chair of the United Nations Advisory Body on Artificial Intelligence, and Peter Abram, President of Strategy and Growth at the International Holding Company, Dhaen Al Hameli, CEO of the Abu Dhabi Investment Authority (ADIA), Aaron Landi, CEO of Brevan Howard , William Ford, President and CEO of General Atlantic, and Clare Woodman, CEO and Head of Europe, Middle East and Africa at Morgan Stanley, His Excellency Majed Al Suwaidi, CEO of Alter, David Hunt, CEO of BGIM, and Jane Fraser, CEO Citi Group. Bank, Bill Hoffman, CEO of Nuveen, Hani Kablawi, Chairman of BNI Mellon International, Hana Al Rostamani, Group CEO of First Abu Dhabi Bank, and Rajeev Jain, Chairman and Chief Investment Officer of GKG Partners.

The list of speakers confirmed to attend the event includes Sergio Ermotti, CEO of UBS Group, Bill Hoffman, CEO of Nuveen Investments, David Hunt, CEO of PGIM, and Rai and Shark Holdings (ADK), an investment holding company The Emirate of Abu Dhabi, as the main partner of the event.

The process of economic diversification

Abu Dhabi Finance Week plays a key role in enhancing Abu Dhabi’s aspirations to attract global capital, advanced technology and expertise in a manner that supports the UAE’s overarching economic goals.

Abu Dhabi is one of the fastest growing economies in the Middle East and North Africa, so much so that the emirate’s economy has become known as the “falcon economy”. The GDP exceeded 1.14 trillion dirhams in 2023, and Abu Dhabi continues its efforts to improve economic diversification and achieve strong results in various sectors. During the second quarter of this year, Abu Dhabi’s non-oil sector contributed more than half of the emirate’s economy, the highest percentage since 2014.

Abu Dhabi Finance Week activities revolve around five major conferences, each addressing an important aspect of global finance, business and innovation. The region’s most prominent financial event kicks off with the Abu Dhabi Economic Forum on December 9, which explores Abu Dhabi’s rapid rise as a leading global business hub. Through its discussions on growth strategies in the emirate, the event focuses on ways to draw experiences and lessons from major global economies to accelerate capital growth and its impact on the global arena. Attendees engage in engaging conversations about Abu Dhabi’s ambitions and its unique position in international markets.

Asset Abu Dhabi Conference

On the second day, on 10 December, the Asset Abu Dhabi Conference will bring together asset allocators, asset managers, venture capital projects and private equity firms to share insights and ideas on investment opportunities in the rapidly changing financial and business environment. Featuring industry figures such as Ray Dalio, founder of hedge fund firm Bridgewater Associates, the event agenda will cover important topics such as investing in the technologies of the next decade and cities of the future, providing a vital platform for institutional investors to learn about sustainable growth strategies . The Resolve 2024 conference will also be held on the same day, bringing together the most important legal and regulatory experts to address the most prominent new trends in dispute resolution. This year’s event focuses on regulatory frameworks for artificial intelligence, class action lawsuits against major tech companies, and the differences between for-profit innovation and consumer protection.

FinTech Abu Dhabi Conference

The Abu Dhabi FinTech Conference is one of the most anticipated events of the Abu Dhabi Financial Week. The conference will take place on December 11 and is the largest fintech event in the Middle East and North Africa region, attracting many technology innovators, developers and investors from around the world to showcase the latest pioneering innovations in vital areas such as digital payments, cyber security and digital assets. On the sidelines of the main event, the Global Financial Regulatory Summit and Abu Dhabi Blockchain Forum will explore the potential of new financial technologies and the challenges they face. At the same time, the “Abu Dhabi AI Forum” will explore the key role and immense opportunities of AI in finance, and also highlight its impact on many areas such as wealth management and risk assessment, such as the financial sector. increased reliance on artificial intelligence technologies to improve decision-making and increase… Operational efficiency.

Forum Abu Dhabi Sustainable Finance

During the eventful week, attention will turn to sustainability issues with the launch of the Sustainable Finance Forum in Abu Dhabi, which will address the topic of sustainable finance as a key driver in the UAE’s endeavors and efforts towards achieving its climate neutrality commitments. Speakers will discuss purposeful and impact investing, the development of carbon markets and the role of artificial intelligence in promoting sustainable finance. By hosting this important and engaging dialogue, Abu Dhabi reaffirms its commitment to exploring pioneering solutions that support global efforts to build a more sustainable future.

Addressing global challenges during the Abu Dhabi Sustainable Finance Forum, Abu Dhabi Finance Week seeks to support the UAE’s march towards achieving its climate neutrality goals and pave the way for implementable solutions that support international sustainability goals. The Abu Dhabi Sustainable Finance Forum includes engaging discussions on renewable energy, purposeful and impactful AI-based investing and the global carbon economy, which will consolidate the role of… Abu Dhabi A leader in sustainable financial practices.

A selection of specialized events

This year, Abu Dhabi Financial Week will present a selection of prominent side events to enhance participation and drive innovation, including the UBS Investment Forum, which will bring together more than 30 investment managers and founders from leading global hedge funds for focused discussions and many promising networking opportunities and exchange of experiences. The Abu Dhabi Capital Markets Conference, a special invitation-only event, will bring together top companies with investors under special arrangements designed to facilitate discussion of new investment opportunities. The network’s further summit brings together leaders from advanced financial markets, including asset managers, regulators and sovereign wealth funds, to share insights and expertise on where the future of finance is headed.

“and formed”Islamic Finance Summit“One of the new events on the agenda.” Abu Dhabi Financial WeekIt will highlight the continued growth in the sector and its intersection with sustainable finance. The summit also addresses regulatory frameworks, the most prominent market trends and the role of Sharia-compliant financing in supporting sustainable investment.

One of the highlights of Abu Dhabi Financial Week is the annual startup event, where startup companies will showcase their innovations and have the opportunity to network with potential investors. The International Conference of Family Offices will also provide a strategic platform for family businesses to discuss leadership succession planning mechanisms in those companies and the impact of overarching global economic trends. The activities of the Future Talent Summit and the Forum of Women in the Financial Sector will enrich the dialogue on diversity, talent development and the creation of a comprehensive and integrated financial system.