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Home Economy ADGM reinforces its presence, launches Information center in Al Reem Island

ADGM reinforces its presence, launches Information center in Al Reem Island

Strategic move reinforces commitment to the Al Reem Island business community
ADGM reinforces its presence, launches Information center in Al Reem Island
ADGM will be able to issue all new licenses bearing Al Reem Island addresses

Abu Dhabi Global Market (ADGM) has launched a new information center in Al Reem Island. The inauguration of the information center at Shams Boutik Mall marks a strategic move that aligns with ADGM’s goals. Abu Dhabi’s international financial center is committed to catering to its expanding business community, following the jurisdictional expansion into Al Reem Island.

Strategic vision

The launch of the information center is a testament to ADGM’s ongoing efforts to facilitate engagement with the Al Reem Island community during the announced transition period. This transition, set in motion by the Cabinet Resolution (41) of 2023 in April, expanded ADGM’s jurisdiction into Al Reem Island. The resolution outlined ADGM and the Abu Dhabi Department of Economic Development’s (ADDED) commitment to maintain business continuity for existing Al Reem Island businesses until December 31, 2024. Moreover, ADGM will be able to issue all new licenses bearing Al Reem Island addresses.

Support and engagement

Situated at Shams Boutik Mall, the ADGM information center stands as a vital hub for information, engagement, and awareness. It will serve as a dynamic point of contact between ADGM and its clients. Through the center, ADGM aims to provide comprehensive support and active feedback collection, fostering direct engagement with prospective clients and the Al Reem Island business community.

The information center offers a range of services, including guidance on licensing procedures, fee structures, documentation requirements, and step-by-step assistance for registration within ADGM. This one-stop resource seeks to streamline processes, making them more accessible and transparent for businesses and individuals seeking to establish themselves within ADGM.

Moreover, ADGM’s commitment to a customer-centric approach is underscored by the center’s role as a valuable feedback channel. Through this information center, ADGM aims to capture insights and expectations from its clients. Therefore it will ensure that its services are accessible and tailored to the evolving needs of the business communities in Al Reem Island.

Read: Investopia London: UAE explores fintech and innovation partnerships with Britain

Exploring business opportunities

The information center serves as a gateway for those looking to explore the diverse business opportunities offered within ADGM.

As the financial center continues to strengthen its foothold, this strategic move not only facilitates accessibility to its services but also signifies a commitment to actively engage with and support the growing business community in Al Reem Island.

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