Abu Dhabi Global Market (ADGM), Abu Dhabi’s international financial centre, has signed a Memorandum of Understanding (MoU) with the Futian District People’s Government of Shenzhen to deepen economic and financial ties between the UAE and one of China’s key financial and innovation centres.
The agreement creates a formal framework for collaboration across financial services, innovation, and talent development, as well as broader economic, cultural, and educational exchange. The two parties have committed to promoting cross-border engagement between their respective financial and business communities, with a particular focus on financial innovation, artificial intelligence (AI) in finance, and international investment structures such as Qualified Foreign Limited Partner (QFLP) frameworks.
As part of the partnership, ADGM and Futian District will jointly organise roundtables, conferences, and business forums intended to bring together regulators, investors, and industry stakeholders. Both parties will also encourage public and private sector representatives to participate in official delegations and events, strengthening institutional ties between the UAE and the Guangdong-Hong Kong-Macao Greater Bay Area.
ADGM serves as Abu Dhabi’s international financial centre, functioning as a gateway for global capital and a platform for businesses targeting high-growth markets across the Middle East, Africa, and Asia. Futian District, meanwhile, is recognised as the central urban and financial hub of Shenzhen and plays a key role in advancing the Greater Bay Area’s development as a global centre for finance, commerce, and innovation.
The MoU was signed by Mr Deng Jun, director of the General Office of the Futian District People’s Government of Shenzhen, and His Excellency Rashed Al Blooshi, CEO of the Registration Authority of ADGM.
ADGM Registration Authority CEO H.E. Rashed Al Blooshi said, “This collaboration with Futian District marks an important step in further strengthening ADGM’s international partnerships and deepening connectivity between Abu Dhabi and key global financial hubs. By fostering knowledge exchange and collaboration across areas such as financial innovation, talent development, and investment structures, we are creating new pathways for capital, ideas, and opportunity to flow between our markets. This agreement reflects ADGM’s continued commitment to enabling sustainable growth, supporting cross-border investment, and advancing Abu Dhabi’s position as a leading global financial centre.”
Futian District People’s Government director of General Office Mr Deng Jun said, “In the context of jointly building a community with a shared future for mankind, there is immense potential for international economic and trade cooperation as well as people-to-people exchanges. The signing of the MoU between Futian District and ADGM marks a further step toward practical cooperation between the two sides. We have reached a consensus to take a regular communication mechanism as a key lever, to facilitate the swift implementation of short-term and medium-term cooperation projects, and to jointly achieve greater progress.”
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