ADGM in deal to help boost fintech ecosystem

ADGM in deal to help boost fintech ecosystem

UAE Business Abu Dhabi Global Market (ADGM), the global financial centre in Abu Dhabi together with Abu Dhabi Commercial Bank (ADCB), a leading financial institution, have announced a new partnership aimed at promoting Fintech and building a vibrant ecosystem in Abu Dhabi and in the UAE. The agreement ensures mutual exchange, consultation and collaboration to build an innovative and competitive environment, said Richard Teng, the chief executive of the Financial Services Regulatory Authority (FSRA) of ADGM after signing the deal with Ala’a Eraiqat, ADCB Group chief executive. "ADCB and ADGM will also explore and participate in joint innovation projects […]