Exclusive | Abu Dhabi Global Market plans China roadshow to boost financial ties

Abu Dhabi’s financial centre, the Abu Dhabi Global Market (ADGM), will conduct a roadshow in China in mid-February to respond to “overwhelming interest” from businesses to set up shop in the capital of the United Arab Emirates, according to its market development head.

The planned trip follows a July roadshow that visited Shanghai and Hong Kong. During next year’s edition, senior executives of the ADGM, among others, are expected to stop by Beijing, Shanghai, Shenzhen and Hong Kong.

“There are deep relationships between the two countries,” Arvind Ramamurthy, chief of market development at ADGM, said in an interview on Thursday. “China and the UAE go way back. We see China as a very natural partner for not just the growth of ADGM, but for the growth of a broader regional financial landscape.”

Large financial markets and similar legal environments contribute to the relationship between Abu Dhabi and Hong Kong, Ramamurthy said.

The ADGM adopts an independent, English common-law system to adjudicate civil and commercial disputes, same as the legal system in Hong Kong.