{"id":14858,"date":"2024-12-12T11:19:20","date_gmt":"2024-12-12T04:19:20","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=14858"},"modified":"2024-12-12T11:19:20","modified_gmt":"2024-12-12T04:19:20","slug":"fintech-abu-dhabi-unites-global-tech-leaders-reaffirms-abu-dhabi-as-a-hub-for-financial-innovation","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=14858","title":{"rendered":"Fintech Abu Dhabi Unites Global Tech Leaders, Reaffirms Abu Dhabi as a Hub for Financial Innovation"},"content":{"rendered":"\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

ABU DHABI<\/span>, UAE<\/span>, Dec. 12, 2024<\/span><\/span> \/PRNewswire\/ — Fintech\u00a0Abu Dhabi returned for its highly anticipated eighth edition, reinforcing its status as the Middle East’s<\/span> biggest fintech\u00a0festival. Part of Abu Dhabi Finance Week (ADFW), the flagship event series of ADGM attracted a dynamic mix of global tech leaders, tech innovators, banking institutions, developers, entrepreneurs, and investors who shape the future of finance. With a focus on payments, digital assets, digital security, and credit, the gathering also reaffirmed Abu Dhabi’s<\/span> position as a global hub for financial innovation.<\/p>\n

\u00a0<\/p>\n

Commenting on the event, Salem Mohammed Al Darei<\/span>, CEO of ADGM Authority <\/b>said, “Fintech Abu Dhabi <\/i>exemplifies <\/i>our dedication to innovation, bringing <\/i>global<\/i> visionaries <\/i>together<\/i>\u00a0to shape the future of finance and technology.<\/i>\u00a0W<\/i>e aim to facilitate meaningful conversations that <\/i>continue to strengthen<\/i>\u00a0a thriving ecosystem <\/i>coupled with<\/i> progressive framework<\/i>s and <\/i>a dynamic <\/i>business <\/i>environmen<\/i>t<\/i>. <\/i>B<\/i>y cultivating <\/i>this we have enabled <\/i>collaboration<\/i>s where <\/i>innovation in finance and technology could flourish<\/i>\u00a0and<\/i>\u00a0reinforce Abu Dhabi’s<\/span> position as a leading hub for financial innovation and technology.<\/i>“<\/p>\n

Through a series of thought-provoking sessions and high-profile forums, Fintech Abu Dhabi highlighted key trends within this sector. A keynote address by Paul\u00a0Kayrouz – Chief Fintech Officer at the Central Bank of the UAE <\/b>shed light on ‘Seeding Success: The UAE as a Global Fintech Hub,’<\/b> while the fireside chat on ‘Investing in AI: What Does the Next World Look Like?’ <\/b>with H.R.H. Prince Khaled bin Alwaleed bin Talal Al Saud<\/span> – Founder & CEO, KBW Ventures<\/b>, explored the promise of AI as a transformative asset class, as well as its impact on industries such as finance and health. In a well-attended session, Lord David\u00a0Cameron – Former Prime Minister of the UK<\/b> talked about the significant decisions and policies that worked for the UK a decade ago.<\/p>\n

Meanwhile, a panel discussion on ‘Has the Unicorn Machine Stopped Working?’<\/b> examined the emergence of new unicorns in fintech despite challenges in the venture capital market and examined whether the ecosystem can sustain growth or if consolidation is necessary. For this discussion, representatives from FJ Labs, VentureSouq, Airwallex and Financial Technology Partners took to the stage. The ‘Building the Digital Assets Ecosystem’, <\/b>panel included renowned names such as Sebastien\u00a0Danloy \u2013 <\/b>CBO at Euroclear Group, <\/b>Nadine\u00a0Chakar – Managing Director & Head of Global Digital Assets at Depository Trust & Clearing Corporation, Domenico Nardelli<\/span> \u2013 Treasurer at Asian Infrastructure Investment Bank (AIIB) and Marianne\u00a0Demarchi – Chief Executive EMEA at Swift.<\/b><\/p>\n

This year’s Fintech Abu Dhabi also introduced new forums highlighting the evolving landscape of finance and technology. The inaugural Islamic Finance Summit (IFS)<\/b> explored the future of Shariah-compliant finance and its alignment with sustainable finance and the DLT Foundations Roundtable<\/b> focused on regulatory frameworks for distributed ledger technologies and digital assets. Returning forums such as AI Abu Dhabi<\/span>, Blockchain AD<\/b>, and the Risk 4.0 Forum<\/b>\u00a0addressed\u00a0the key challenges and opportunities for technology and finance.<\/p>\n

On stage, Richard Teng<\/span>, CEO <\/b>of<\/b> Binance<\/b>\u00a0and <\/b>Jeremy Allaire<\/span>, CEO <\/b>of<\/b>\u00a0Circle Internet <\/b>Financia<\/b>l<\/b>\u00a0– <\/b>\u2014the issuer of USDC, announced a strategic partnership that will accelerate global USDC and crypto adoption. Other key participants included\u00a0Lily Lui<\/span><\/b>\u00a0–<\/b>\u00a0President<\/b>\u00a0of Solana Foundation<\/b>,<\/b>\u00a0Konstantin Richter<\/b> –<\/b>\u00a0CEO of Blockdaemon<\/b>,<\/b>\u00a0Jonathan Levin, Co-founder<\/b>\u00a0and <\/b>C<\/b>S<\/b>O of Chainalysis<\/b>, <\/b>Rebecca\u00a0Rettig<\/b>\u00a0– <\/b>Chief Legal & Policy Officer<\/b>\u00a0at<\/b>\u00a0Polygon Labs<\/b> and <\/b>Angela Walker<\/span><\/b>\u00a0– <\/b>Global Head of Banking & Capital Markets<\/b> at<\/b>\u00a0Chainlink Labs<\/b>.<\/b><\/p>\n

Becoming a stage for strategic partnerships, ADFW has witnessed over 30 Memorandums of Understanding (MoU) signed so far.\u00a0This includes a couple of\u00a0major MoUs signed by ADGM today; the first one with PaloAlto Networks and\u00a0the second one with\u00a0Ma’an.<\/p>\n

Fintech Abu Dhabi also featured the MENA Fintech Awards<\/b> recognising excellence in the fintech sector, and the ADFW Startup Campus and Venture Park,<\/b> where local startups pitched their innovations to potential investors.<\/p>\n

The various\u00a0forums hosted today\u00a0highlight Fintech Abu Dhabi’s commitment to fostering discussions that empower participants to thrive in a rapidly evolving financial ecosystem.<\/p>\n

\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

ABU DHABI<\/span>, UAE<\/span>, Dec. 12, 2024<\/span><\/span> \/PRNewswire\/ — Fintech\u00a0Abu Dhabi returned for its highly anticipated eighth edition, reinforcing its status as the Middle East’s<\/span> biggest fintech\u00a0festival. Part of Abu Dhabi Finance Week (ADFW), the flagship event series of ADGM attracted a dynamic mix of global tech leaders, tech innovators, banking institutions, developers, entrepreneurs, and investors who shape the future of finance. With a focus on payments, digital assets, digital security, and credit, the gathering also reaffirmed Abu Dhabi’s<\/span> position as a global hub for financial innovation.<\/p>\n

\u00a0<\/p>\n

Commenting on the event, Salem Mohammed Al Darei<\/span>, CEO of ADGM Authority <\/b>said, “Fintech Abu Dhabi <\/i>exemplifies <\/i>our dedication to innovation, bringing <\/i>global<\/i> visionaries <\/i>together<\/i>\u00a0to shape the future of finance and technology.<\/i>\u00a0W<\/i>e aim to facilitate meaningful conversations that <\/i>continue to strengthen<\/i>\u00a0a thriving ecosystem <\/i>coupled with<\/i> progressive framework<\/i>s and <\/i>a dynamic <\/i>business <\/i>environmen<\/i>t<\/i>. <\/i>B<\/i>y cultivating <\/i>this we have enabled <\/i>collaboration<\/i>s where <\/i>innovation in finance and technology could flourish<\/i>\u00a0and<\/i>\u00a0reinforce Abu Dhabi’s<\/span> position as a leading hub for financial innovation and technology.<\/i>“<\/p>\n

Through a series of thought-provoking sessions and high-profile forums, Fintech Abu Dhabi highlighted key trends within this sector. A keynote address by Paul\u00a0Kayrouz – Chief Fintech Officer at the Central Bank of the UAE <\/b>shed light on ‘Seeding Success: The UAE as a Global Fintech Hub,’<\/b> while the fireside chat on ‘Investing in AI: What Does the Next World Look Like?’ <\/b>with H.R.H. Prince Khaled bin Alwaleed bin Talal Al Saud<\/span> – Founder & CEO, KBW Ventures<\/b>, explored the promise of AI as a transformative asset class, as well as its impact on industries such as finance and health. In a well-attended session, Lord David\u00a0Cameron – Former Prime Minister of the UK<\/b> talked about the significant decisions and policies that worked for the UK a decade ago.<\/p>\n

Meanwhile, a panel discussion on ‘Has the Unicorn Machine Stopped Working?’<\/b> examined the emergence of new unicorns in fintech despite challenges in the venture capital market and examined whether the ecosystem can sustain growth or if consolidation is necessary. For this discussion, representatives from FJ Labs, VentureSouq, Airwallex and Financial Technology Partners took to the stage. The ‘Building the Digital Assets Ecosystem’, <\/b>panel included renowned names such as Sebastien\u00a0Danloy \u2013 <\/b>CBO at Euroclear Group, <\/b>Nadine\u00a0Chakar – Managing Director & Head of Global Digital Assets at Depository Trust & Clearing Corporation, Domenico Nardelli<\/span> \u2013 Treasurer at Asian Infrastructure Investment Bank (AIIB) and Marianne\u00a0Demarchi – Chief Executive EMEA at Swift.<\/b><\/p>\n

This year’s Fintech Abu Dhabi also introduced new forums highlighting the evolving landscape of finance and technology. The inaugural Islamic Finance Summit (IFS)<\/b> explored the future of Shariah-compliant finance and its alignment with sustainable finance and the DLT Foundations Roundtable<\/b> focused on regulatory frameworks for distributed ledger technologies and digital assets. Returning forums such as AI Abu Dhabi<\/span>, Blockchain AD<\/b>, and the Risk 4.0 Forum<\/b>\u00a0addressed\u00a0the key challenges and opportunities for technology and finance.<\/p>\n

On stage, Richard Teng<\/span>, CEO <\/b>of<\/b> Binance<\/b>\u00a0and <\/b>Jeremy Allaire<\/span>, CEO <\/b>of<\/b>\u00a0Circle Internet <\/b>Financia<\/b>l<\/b>\u00a0– <\/b>\u2014the issuer of USDC, announced a strategic partnership that will accelerate global USDC and crypto adoption. Other key participants included\u00a0Lily Lui<\/span><\/b>\u00a0–<\/b>\u00a0President<\/b>\u00a0of Solana Foundation<\/b>,<\/b>\u00a0Konstantin Richter<\/b> –<\/b>\u00a0CEO of Blockdaemon<\/b>,<\/b>\u00a0Jonathan Levin, Co-founder<\/b>\u00a0and <\/b>C<\/b>S<\/b>O of Chainalysis<\/b>, <\/b>Rebecca\u00a0Rettig<\/b>\u00a0– <\/b>Chief Legal & Policy Officer<\/b>\u00a0at<\/b>\u00a0Polygon Labs<\/b> and <\/b>Angela Walker<\/span><\/b>\u00a0– <\/b>Global Head of Banking & Capital Markets<\/b> at<\/b>\u00a0Chainlink Labs<\/b>.<\/b><\/p>\n

Becoming a stage for strategic partnerships, ADFW has witnessed over 30 Memorandums of Understanding (MoU) signed so far.\u00a0This includes a couple of\u00a0major MoUs signed by ADGM today; the first one with PaloAlto Networks and\u00a0the second one with\u00a0Ma’an.<\/p>\n

Fintech Abu Dhabi also featured the MENA Fintech Awards<\/b> recognising excellence in the fintech sector, and the ADFW Startup Campus and Venture Park,<\/b> where local startups pitched their innovations to potential investors.<\/p>\n

The various\u00a0forums hosted today\u00a0highlight Fintech Abu Dhabi’s commitment to fostering discussions that empower participants to thrive in a rapidly evolving financial ecosystem.<\/p>\n

\u00a0<\/p>\n

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