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Home Economy ADFW through the years: A journey of growth and global influence

ADFW through the years: A journey of growth and global influence

ADFW serves to reaffirm Abu Dhabi’s position as one of the Gulf Cooperation Council’s leading financial hubs
ADFW through the years: A journey of growth and global influence
ADFW has quickly become synonymous with financial innovation

Since its inception in 2022, ADFW has grown exponentially in terms of prestige, scale, and global influence. Leaders from the realms of business, economy and finance gather at ADGM, which organizes the event, to discuss the latest trends, challenges and opportunities in investing, sustainability, finance and new technology that will impact the future of the global economy and humanity. During this annual forum, Abu Dhabi takes center stage as a thriving hub for business and finance, which is gaining global recognition as the capital of capital and a Falcon Economy. This year’s ADFW in December will bring together leaders, influencers, experts and innovators from around the globe to lend their voices and insights, and foster collaboration to drive businesses and societies forward, with the knowledge and experience of the world’s brightest minds. The combination of thought-provoking discussions and strategic networking opportunities has further solidified ADFW’s reputation as a preferred meeting point for the financial sector. Here are some of the milestones and initiativs that have defined ADFW over the years.

ADFW 2022

Abu Dhabi has long been recognized as a financial hub in the Gulf Cooperation Council (GCC). The launch of ADFW served to reaffirm Abu Dhabi’s position as one of the Gulf Cooperation Council’s leading financial hubs. It also projects the idea of a Falcon Economy onto the world stage. The first edition of ADFW was held with the vision of bringing together key stakeholders from the financial sector to discuss emerging trends, exchange ideas, and find new solutions for the region’s financial challenges. The inaugural ADFW set a strong precedent. The event attracted 8,000 visitors from over 100 countries, with a particular focus on providing valuable insights and opportunities for collaboration. It was clear from the beginning that ADFW would elevate Abu Dhabi’s standing in the financial world.

Among the highlights of the 2022 event were discussions surrounding the concept of the “Falcon Economy”, a forward thinking economic model that emphasized innovation, digital transformation, and financial inclusivity. The event also placed a strong focus on technology, with topics ranging from blockchain advancements to artificial intelligence in banking. This focus on innovation was one of the factors that distinguished ADFW from other finance gatherings in the region. Furthermore, by creating an environment where experts could debate the future of finance, ADFW quickly garnered attention from key regional players. It also became an essential platform for local and international financial institutions to explore how emerging technologies and regulatory changes could reshape the future of the financial sector.

ADFW 2023

After the resounding success of the inaugural ADFW, the 2023 edition took the event to the next level. There was a noticeable increase in attendance, as well as a significant rise in interest and engagement. One of the key features of the 2023 event was its coverage of multiple topics — from regulations that affect cryptocurrency to the future of digital banking. Moreover, the increased participation led to fresh and unique perspectives on how to resolve some of the biggest financial challenges of the upcoming year. Distinguished speakers shared impactful insights and thought-provoking discussions that resonated across all participants. Beyond the in-depth discussions and networking opportunities, ADFW 2023 also showcased Abu Dhabi’s commitment to becoming a financial powerhouse. One of the major highlights was the announcement that 14 financial institutions, representing a total of $452 billion in assets under management (AUM), would establish a presence within ADGM, reflecting both Abu Dhabi’s attractiveness as a financial hub and the growing importance of ADFW as a platform for facilitating such landmark decisions.

ADFW’s impact on financial innovation

ADFW has quickly become synonymous with financial innovation. The event places a strong emphasis on emerging technologies, disruptive innovations, and digital transformation, areas that are vital to the future of finance. ADFW has been instrumental in advancing discussions on the future of cryptocurrencies, blockchain, and decentralized finance. Additionally, the Blockchain and Crypto Forum, a regular feature of ADFW, has become a key forum for debating the opportunities and risks associated with these technologies. At the 2023 event, financial leaders debated the regulatory challenges surrounding digital currencies and explored how blockchain could reshape everything from payments to identity verification. These discussions have not only informed policymakers but also provided valuable insights for companies seeking to leverage blockchain for business transformation.

ADFW’s commitment to innovation also extends to sustainable finance. With the global financial industry facing increasing pressure to incorporate environmental, social, and governance (ESG) principles into decision-making, ADFW has played a critical role in advancing these conversations. In addition, the event has consistently featured panels on green finance, impact investing, and the integration of ESG into financial services. As a result, ADFW has helped to set the agenda for the region’s transition to more sustainable financial practices.

A legacy of impact and future ambitions 

As ADFW looks to the future, its ambitions remain high. With the rapid pace of technological change and the increasing importance of sustainable finance, the event will continue to serve as a vital platform for addressing key challenges facing the financial industry. Abu Dhabi’s growing influence as a financial hub, coupled with ADFW’s commitment to fostering innovation and collaboration, ensures that the event will remain at the forefront of financial thought leadership.

ADFW is a driver of the region’s financial transformation and a critical platform for shaping the future of finance. In just two years, ADFW has established itself as a must-attend event for finance professionals in the Middle East. The upcoming ADFW in December promises to mark yet another revolutionary milestone for the financial industry. Experts, innovators, and delegates from around the globe will come together to contribute to this momentous event, fostering collaboration and sharing insights that will drive the industry forward.

 

To mark the event, here are some key milestones and initiatives that have defined ADFW:

30,000

The combined total of delegates who attended ADFW in 2022 & 2023.

3,500+

The number of C-level executives who took the time out of their busy schedules to be seen and heard at ADFW 2023.

$22 trillion

The total value of assets under management represented by some of the biggest financial institutions that have attended ADFW 2023.

50 events

The number of events held during ADFW 2023, which provide cutting-edge insights and discussions on topics such as fintech, blockchain, and sustainable finance.

18,000

The number of delegates who attended ADFW 2023 alone, marking a significant increase in participation from its inaugural year.

100+ countries

Finance professionals from over 100 countries attended ADFW 2023, illustrating the event’s international reach and its growing influence on the global financial landscape.

14 institutions

representing $452 billion in assets, announced plans to establish a presence within ADGM during ADFW 2023.

300+ industry speakers

Renowned experts from various sectors of the financial world spoke at ADFW 2023, sparking thought-provoking discussions on innovation, financial technology, and sustainable finance.

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