Photo Credit : WAM
Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding with Futian District in Shenzhen, marking a new phase of economic and financial cooperation between Abu Dhabi and one of China’s leading innovation hubs.
The agreement sets a framework to strengthen collaboration across key sectors including financial services, innovation, and talent development, while also supporting broader economic, cultural, and educational exchanges between the two sides.
Under the partnership, both parties will promote cross-border engagement between their business and financial communities, with a focus on advancing financial innovation, the use of Artificial Intelligence in finance, and international investment structures such as Qualified Foreign Limited Partner (QFLP) frameworks.
The MoU also outlines plans to organise joint initiatives including roundtables, conferences, and business forums aimed at deepening cooperation between regulators, investors, and industry stakeholders. These platforms are expected to facilitate knowledge sharing and unlock new investment opportunities.
The agreement was signed by Deng Jun and Rashed Al Blooshi, highlighting a shared commitment to strengthening institutional ties.
Al Blooshi said the partnership reflects ADGM’s ongoing efforts to expand global connectivity and position Abu Dhabi as a leading international financial centre by enabling the flow of capital, ideas, and talent across markets.
Deng Jun noted that both sides have agreed to establish regular communication mechanisms to accelerate the implementation of joint projects and deliver tangible outcomes in the short and medium term.
As part of the collaboration, public and private sector stakeholders from both regions will be encouraged to participate in official delegations and events, further enhancing links between the UAE and the Guangdong-Hong Kong-Macao Greater Bay Area.
The partnership underscores a shared ambition to support innovation-led growth while strengthening ADGM’s role as a gateway for global capital into high-growth markets across the Middle East, Africa, and Asia.
