Abu Dhabi Global Market (ADGM) and Etihad Aviation Group PJSC have announced a significant milestone with the signing of a Memorandum of Understanding (MoU). The partnership aims to bolster Abu Dhabi’s position as a preferred destination for regional and global companies, fostering growth and expansion opportunities.
Areas of collaboration
The strategic agreement outlines key areas of collaboration between ADGM and Etihad Airways. This includes offering discounts and exclusive offers by Etihad Airways to entities registered within ADGM. Additionally, the partnership seeks to identify avenues for joint initiatives, leveraging the strengths of both ADGM and Etihad Airways to drive economic value in Abu Dhabi.
Abdulla Al Qubaisi, chief support services officer at ADGM Authority, and Dr. Nadia Bastaki, chief people & corporate affairs officer at Etihad Airways, signed the MoU.
Commenting on this strategic cooperation, Al Qubaisi said, “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.”
For her part, Dr. Bastaki said: “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.”
Read: Investopia 2024: UAE economy likely to grow by 5% in 2024, says minister
Abu Dhabi’s economic vision
The agreement with Etihad Airways represents yet another endeavor by ADGM to unite Abu Dhabi’s entities in collaborative endeavors that align with Abu Dhabi’s economic vision. Etihad Airways, the UAE’s national carrier, has been vigorously extending its global network by linking new destinations with the capital city, further enhancing the emirate’s growth.
ADGM, operating as a comprehensive ecosystem overseeing businesses across diverse sectors, remains committed to nurturing initiatives that bolster the collective growth of its dynamic community and Abu Dhabi as a whole.
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