ADGM receives French delegation led by HE Bruno Le Maire to accelerate UAE-France bilateral relations
- The French delegation was led by the French Minister of Economy, Finance, and Industrial and Digital Sovereignty, His Excellency Bruno Le Maire, aimed to bring together the French and Emirati leaders to exchange dialogues and further strengthen the collaboration of the two nations through investments.
Abu Dhabi, UAE, 30th January 2023: Abu Dhabi Global Market (ADGM), the leading international financial centre of the UAE's capital city received the official delegation from France today, led by His Excellency Bruno Le Maire, the French Minister of Economy, Finance, and Industrial and Digital Sovereignty, to accelerate the bilateral relations through exchange of dialogues on investment opportunities and areas of collaboration within UAE-French financial landscape.
The event brought together the vital parties of UAE and French finance ecosystems such as sovereign wealth funds (SWFs), banks, investment managers, advisors, and financial centres with an aim to deploy strategic and innovative partnerships between the UAE and France, that support in facilitating French global businesses to be based in Abu Dhabi and the wider region of the UAE. Dialogues were exchanged through an open platform discussion along with closed-door sessions and roundtables.
Along with the French minister, the French delegation to Abu Dhabi included representatives from Bpifrance, BNPP, Société Générale, Ardian, and 14 other private equity fund managers.
A world-leading French-origin private investment firm, Ardian opened its new office on ADGM's international financial centre and was inaugurated by His Excellency Bruno Le Maire. ADGM is home to an increasing number of French companies including renowned anchor tenants such as BNP Paribas Group.
Commenting on the successful delegation, Dhaher bin Dhaher Al Muhairi, CEO of ADGM Authority said, "ADGM is pleased to host the French delegation in Abu Dhabi. As a regulator and policymaker, ADGM believes that investment is one of the main pillars of the strategic partnership between UAE and France and the essence of diversifying and expanding the scope of our mutual ties. Both countries are highly committed to exploring new collaborations at corporate and institutional levels while also strengthening existing partnerships. Strategic dialogue between the leadership and prominent businesses in both countries helps in leveraging each other's diverse range of resources and capabilities to bolster development programmes in both countries."
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About Abu Dhabi Global Market (ADGM)
Abu Dhabi Global Market (ADGM) is the international financial centre (IFC) of the capital city of the United Arab Emirates, which opened for business on 21st October 2015. ADGM augments Abu Dhabi's position as a leading financial centre and a business hub serving as a strategic link between the growing economies of the Middle East, Africa and South Asia and the rest of the world.
Operating within an international regulatory framework based on direct application of The English Common Law, ADGM governs the entire Al Maryah Island which is designated as the financial free zone of Abu Dhabi.
ADGM is ranked as one of the most preferred top IFCs in the Middle East and Africa region and named MENA's largest Fintech hub. Its progressive and inclusive business ecosystem gravitates toward global financial and non-financial institutions while leveraging synergies between ADGM and multiple jurisdictions positioned as one of the world's most advanced, diverse and progressively governed financial hubs.
For more details on ADGM, please visit www.adgm.com or follow us on Twitter and Instagram: @adglobalmarket and LinkedIn: @Abu Dhabi Global Market (ADGM)
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