ADGM registers remarkable growth, partnerships in 2020
27 Dec 2020 Despite the impact of the COVID-19 pandemic, ADGM continued to post steady growth. ABU DHABI: Abu Dhabi Global Market (ADGM), the award-winning international financial centre, marked a record year of growth in 2020, with significant achievements across core areas of FinTech, regulation, sustainable finance and arbitration.
Despite the impact of the COVID-19 pandemic, ADGM continued to post steady growth across its three authorities, the ADGM Financial Services Regulatory Authority (FSRA), the ADGM Registration Authority (RA), and the ADGM Courts. As a result of these efforts, ADGM increased the number of registered licences by 43 per cent, totalling 3,211 by year-end 2020. Assets under management increased by 193 per cent throughout the year, to end the year totalling over $85 billion.