ADGM and Etihad Airways Ink Strategic Collaboration to Boost Abu Dhabi as a Global Business Hub

Press release
Published February 28th, 2024 - 09:18 GMT

ADGM and Etihad Airways Ink Strategic Collaboration to Boost Abu Dhabi as a Global Business Hub
During the event

Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) of the UAE’s capital, is pleased to announce the signing of a Memorandum of Understanding (MoU) with Etihad Aviation Group PJSC, aiming to spearhead initiatives that build on ADGM’s value proposition and further strengthen Abu Dhabi’s position as a preferred destination for regional and global companies to expand and grow their business operations.

The strategic MoU was signed on 26 February 2024 between Abdulla Al Qubaisi, Chief Support Services Officer at ADGM Authority and Dr. Nadia Bastaki, Chief People & Corporate Affairs Officer, Etihad Airways.  

Key areas of collaboration under the MoU will bring together ADGM and Etihad Airways by offering discounts and exclusive offers by Etihad Airways to ADGM-registered entities. In addition to this, the MoU will aim to find grounds for collaboration and promote initiatives of both Etihad Airways and ADGM as the main drivers of economic value in Abu Dhabi.

Commenting on this strategic cooperation, Abdulla Al Qubaisi, Chief Support Services Officer at ADGM said, “We are pleased to announce the signing of a strategic MoU with Etihad Airways, aimed at facilitating collaborative efforts to enhance essential services that support the diverse business landscape of ADGM. The defined areas of collaboration under this MoU give us the opportunity not only to advance conventional services but also to innovate and tailor them to meet the dynamic needs of our business community, comprising both regional and international players.”

Dr. Nadia Bastaki, Chief People & Corporate Affairs Officer, Etihad Airways, said: "Nurturing strategic partnerships across key Abu Dhabi entities is fundamental to our commitment to driving economic prosperity for Abu Dhabi while boosting connectivity and expanding its global presence. Through this partnership and collaboration with ADGM, we aim to further elevate the Emirate’s status as a global business hub, fostering innovation and economic diversification while offering enhanced value to our customers."

The MoU stands as another initiative by ADGM that brings together Abu Dhabi entities to join hands and introduce collaborative efforts that support the economic vision of Abu Dhabi. Etihad Airways, the national airline of the UAE has been actively expanding its network around the world by connecting new destinations to the capital city.

As a holistic ecosystem regulating businesses within various major sectors, ADGM remains dedicated to fostering initiatives that support the overall growth of its vibrant community and Abu Dhabi.

Background Information

Abu Dhabi Global Market

Abu Dhabi Global Market is a broad-based international financial centre for local, regional and international institutions, established in accordance with the Federal Law No (8) of 2004, Federal Decree No (15) of 2013, Cabinet Resolution No (4) of 2013, and Abu Dhabi Law No (4) of 2013.

ADGM’s three independent authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts – ensure that our business-friendly environment operates in line with international best practice that are recognised by major financial centres across the world.

In collaboration with other International Financial Centres, global institutions and regulators, Abu Dhabi Global Market develops and supports member institutions with the regulatory framework, legal jurisdiction and attractive business environment they need for sustainable business growth.

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