- ADGM has expanded its jurisdiction from Al Maryah Island to include Al Reem Island.
- The expansion follows heightened demand from a wide range of international companies.
- With the addition of Al Reem, ADGM’s geographic footprint has become ten times bigger.
The Abu Dhabi Global Market (ADGM) has expanded its jurisdiction from Al Maryah Island to include Al Reem Island, according to reports. ADGM announced the commencement of its operations in Al Reem Island following heightened demand from a wide range of international companies choosing Abu Dhabi as their preferred destination for global business expansion.
Through this expansion, ADGM aims to grow Abu Dhabi’s financial sector and reinforce its position as a global financial hub. This move reportedly underscores ADGM’s growth strategy for 2023–2027 and seamlessly aligns with Abu Dhabi’s economic vision. It also emphasizes the pivotal role of the region’s thriving financial sector in its diversification strategy.
With the addition of Al Reem, ADGM’s geographic footprint has become ten times bigger than its original size. By covering nearly 14.3 million square meters, ADGM is set to provide more …
The post ADGM Expands Business Jurisdiction To Include Al Reem Island appeared first on Coin Edition.