"FinTech Abu Dhabi" Enhances position "capital capital" A center for innovation in the financial field

Abu Dhabi, December 11 / WAM / The Fintech Abu Dhabi Conference, in its eighth edition this year, within Abu Dhabi Financial Week, attracted a diverse group of global technology leaders, innovators, banking institutions, developers, entrepreneurs and investors, who contribute to shaping the future of the financial sector.

By focusing on vital sectors such as payments, digital assets, digital security and credit, the conference contributed to consolidating Abu Dhabi’s position as a leading global center for financial innovation.

Commenting on the Abu Dhabi FinTech Conference, Salem Mohammed Al Darei, CEO of the Abu Dhabi Global Authority (ADGM), said: “Organizing the Abu Dhabi FinTech Conference reflects our commitment to innovation, as the pioneering event brings together an elite group of experts, pioneers and innovators from all over the world to shape the future of the financial and technological sectors, and we seek to provide A platform that facilitates meaningful dialogue to continue efforts towards building a comprehensive and prosperous system, along with advanced regulatory frameworks and a dynamic and stimulating work environment.”

He added, “Through these efforts, we have contributed to enhancing cooperation and driving innovation in the financial and technological fields, consolidating Abu Dhabi’s position as a leading center for financial innovation and technology.”

The Abu Dhabi FinTech Conference hosted a series of sessions and forums that highlighted several prominent trends in the sector, including a keynote speech by Paul Kayrouz, Head of Financial Technology at the Central Bank of the UAE, on “Achieving Success: The UAE is a Global Fintech Hub,” and a dialogue session on “Investing in AI: What does the next world look like?” With His Royal Highness Prince Khalid bin Alwaleed bin Talal Al Saud, founder and CEO of KBW Ventures, he talked about the potential of artificial intelligence as an innovative asset class, and its impact on vital sectors such as the financial and health sectors.

In turn, Lord David Cameron, former Prime Minister of the United Kingdom, gave an extensive presentation on the United Kingdom’s experience over a decade in how to make crucial decisions and implement policies.

The session “Is the era of unicorn companies over?” was presented? A space for dialogue about the rise of unicorn companies in the financial technology sector despite the challenges witnessed by the venture capital market. The discussants discussed the extent of the comprehensive system’s ability to support the continuity of this growth and the need for greater cooperation and integration in the sector. This session witnessed the participation of representatives from FG Labs. “, “Venture Souq”, “Erolux” and “Financial Technology Partners”.

A session was held entitled “Building an Ecosystem for Digital Assets”, with the participation of a group of international experts such as Sebastian Danloe – Chief Business Officer at Euroclear Group, Nadine Shaker – Managing Director and Head of Global Digital Assets at Depositary Trust and Clearing Corporation, and Domenico Nardelli, Treasurer at the Asian Infrastructure Investment Bank and Marianne Demarchi, CEO of EMEA at SWIFT.

Fintech Abu Dhabi witnessed new conferences that shed light on the changing financial and technological landscape, including the first session of the Islamic Finance Summit, which explored the future of Sharia-compliant finance and the extent of its intersection with sustainable finance, in addition to hosting a dialogue session on distributed ledger technology for institutions, which Focused on regulatory frameworks for distributed ledger technologies and digital assets. The FinTech Abu Dhabi Conference witnessed the return of many pioneering events, such as the Abu Dhabi Artificial Intelligence Forum, the Abu Dhabi Blockchain Forum, and the “RISC 4.0” Forum, which contributed to enriching the dialogue on the most prominent challenges and opportunities in the fields of technology and finance.

During their participation in the forum, Richard Ting, CEO of Binance, and Jeremy Aller, CEO of Circle Internet Financial, the company issuing USDC, the second-largest stablecoin in terms of market capitalization, announced that they had entered into a strategic partnership to enhance the international presence of the currency. USDC and promoting the use of crypto currencies.

Key participants in the forum include Lily Lowe, President of the Solana Foundation, Konstantin Richter, CEO of BlockDamon, Jonathan Levin, Co-Founder and Chief Strategy Officer of Chainalysis, and Rebecca Rettig, Legal and Policy Director at Polygon Labs and Angela Walker, Global Head of Banking and Capital Markets at Shinelink Labs.

As a platform for concluding strategic partnerships, the total number of memorandums of understanding that have been signed to date has reached more than 30 memorandums, and this includes two major memorandums of understanding signed by Abu Dhabi Global ADGM today with both Palo Alto Networks and the Community Contributions Authority “Together.” The Abu Dhabi Fintech Conference included The MENA FinTech Awards ceremony, which celebrates excellence and innovation in the financial technology sector, and the “Venture Park” event for startups within the Week Abu Dhabi Financial Center, where local startups showcased their innovations to potential investors.

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