The Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MoU) with the Futian District People’s Government of Shenzhen to deepen economic and financial cooperation between Abu Dhabi and one of China’s innovation and financial hubs.
The agreement establishes a framework to enhance collaboration across key sectors, including financial services, innovation, and talent development, while also promoting broader economic, cultural, and educational exchanges between the two jurisdictions.
Under the MoU, both sides will work to advance mutual development opportunities and strengthen cross-border engagement between their respective business and financial ecosystems.
The partnership will focus on key areas such as financial innovation, the application of Artificial Intelligence (AI) in finance, and international investment structures, including Qualified Foreign Limited Partner (QFLP) frameworks.
The collaboration will also facilitate joint initiatives such as roundtables, conferences, and business forums aimed at bringing together regulators, investors, and industry stakeholders.
These platforms are expected to support knowledge sharing and open new avenues for investment and strategic partnerships.
The agreement was signed by Deng Jun, Director of the General Office of Futian District People’s Government of Shenzhen, and Rashed Al Blooshi, CEO of the Registration Authority at ADGM.
Rashed Al Blooshi CEO Registration Authority- ADGM
“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. The 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 center.”
Deng Jun said that the MoU represents a step forward in practical cooperation, adding that both sides have agreed to establish a regular communication mechanism to ensure timely implementation of short- and medium-term projects.
As part of the partnership, ADGM and Futian District will also encourage participation from public and private sector stakeholders in official events and delegations, further strengthening institutional ties between the UAE and China’s Greater Bay Area.
The collaboration underscores a shared commitment to innovation-led growth and reinforces ADGM’s role as a global gateway for capital flows and business expansion across high-growth markets in the Middle East, Africa, and Asia.
