Abu Dhabi Global Market

Liminal Partners with Dubai Based Encryptus to Bridge the Gap Between Crypto and Fiat

Retrieved on: 
Friday, January 19, 2024
Crypto, Partnership, IPA, Abu Dhabi Global Market, FSRA, Cryptocurrency

The strategic partnership will propel Liminal's further expansion in the Middle East

Key Points: 
  • Dubai, United Arab Emirates--(Newsfile Corp. - January 18, 2024) - Liminal, the fastest-growing digital asset custody and wallet infrastructure provider, is excited to announce a strategic partnership with Dubai based Encryptus, a pioneer in providing comprehensive fiat off-ramp solutions.
  • Liminal's expertise in secure custody solutions, supporting over 50+ businesses and 20+ chains, perfectly complements Encryptus's robust crypto-to-fiat off-ramp capabilities.
  • Shantnoo Saxsena, CEO at Encryptus said, "The partnership with Liminal marks a strategic move towards offering a comprehensive fiat off-ramp solution to Liminal's customers.
  • Encryptus is committed to empower their partners to offer Crypto Fiat services in a secure and in a compliant way.

ACX Facilitates Access to ACR Standard Carbon Credits in ADGM, Abu Dhabi -- Rebellion Energy's Preferred Partner for Trading and Settlement

Retrieved on: 
Wednesday, January 17, 2024
Carbon, House, CMB, ACX, Environment, RES, ACR, Rebellion, Abu Dhabi Global Market, FSRA, Renewable energy

The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.

Key Points: 
  • The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.
  • By facilitating market access to ACR carbon credits, ACX enhances its role as a key player in advancing accessibility to quality carbon credits globally.
  • "We are honoured to be the platform of choice for RES in bringing ACR carbon credits to the market.
  • RES has listed their inaugural ACR project on the ACX CMB, leveraging its robust features for seamless trading and settlement.

ACX Facilitates Access to ACR Standard Carbon Credits in ADGM, Abu Dhabi -- Rebellion Energy's Preferred Partner for Trading and Settlement

Retrieved on: 
Wednesday, January 17, 2024
Carbon, House, CMB, ACX, Environment, RES, ACR, Rebellion, Abu Dhabi Global Market, FSRA, Renewable energy

The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.

Key Points: 
  • The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.
  • By facilitating market access to ACR carbon credits, ACX enhances its role as a key player in advancing accessibility to quality carbon credits globally.
  • "We are honoured to be the platform of choice for RES in bringing ACR carbon credits to the market.
  • RES has listed their inaugural ACR project on the ACX CMB, leveraging its robust features for seamless trading and settlement.

Brooge Energy Appoints Two New Members to the Board of Directors

Retrieved on: 
Thursday, December 14, 2023
Alvarez, Accounting, Charles Sturt University, University, Partner, Biofuel, Commerce, Growth, KPMG, CPA Australia, BROG, Dubai International Airport, Abu Dhabi Global Market, Security (finance)

Dr. Yousef Al Assaf has resigned as Chairman and Director of the Board of Directors effective December 11, 2023.

Key Points: 
  • Dr. Yousef Al Assaf has resigned as Chairman and Director of the Board of Directors effective December 11, 2023.
  • BPGICHL was placed into official liquidation on November 20, 2023 pursuant to an order by the Grand Court of the Cayman Islands.
  • "We welcome Alex and Guy to Brooge’s Board and look forward to leveraging their extensive finance and legal experience.
  • We look forward to helping drive continued growth and value for Brooge and its stakeholders,” said Alexander Lawson.

CredibleX Unleashes Next-Generation Lending Solutions with New ADGM Licenses and Targets 20,000 Companies in 2024

Retrieved on: 
Tuesday, November 28, 2023
SME, Ecosystem, Digital, Risk, World Bank, GDP, FMCG, FSRA, Entrepreneurship, International Finance Corporation, MENA, Abu Dhabi Global Market, Bank

CredibleX, MENA's pioneering embedded finance platform, has announced its launch after being granted regulatory licenses from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM).

Key Points: 
  • CredibleX, MENA's pioneering embedded finance platform, has announced its launch after being granted regulatory licenses from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM).
  • These licenses provide a robust regulatory framework for its launch, bringing confidence and trust to CredibleX's partners and customers.
  • CredibleX is a game-changer for the region as its embedded finance approach enables businesses to provide their SME customers with instant access to lending solutions at scale.
  • Salem Mohammed Al Darei, ADGM Authority, CEO said, "We congratulate CredibleX on receiving their regulatory license from ADGM and welcome them to our vibrant ecosystem.

Andalusia Labs Secures $48 Million in Series A Funding at $1 Billion Valuation, Opens Global HQ in Abu Dhabi

Retrieved on: 
Wednesday, December 13, 2023
Professional Services, Security, Blockchain, Technology, Web3, Software, Fintech, Pantera Capital, Risk management, Lightspeed Venture Partners, Collection, Speed of light, Silicon, Mubadala Investment Company, Digital Currency Group, Multimedia, Hacks, Raouf, Labs, Partnership, Growth, Naval Ravikant, AI, Coinbase, Abu Dhabi Global Market, Bain Capital Ventures, Environment, Cryptocurrency, Watchtower, Subsea technology

View the full release here: https://www.businesswire.com/news/home/20231213003404/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231213003404/en/
    Andalusia Labs Secures $48 Million in Series A Funding at $1 Billion Valuation, Opens Global HQ in Abu Dhabi (Photo: AETOSWire)
    In conjunction with the round, Andalusia Labs announced the establishment of its global headquarters in Abu Dhabi’s Financial Center, Abu Dhabi Global Markets.
  • “Andalusia Labs is addressing one of the most significant challenges in the blockchain industry today," said Ravi Mhatre, Partner at Lightspeed Venture Partners.
  • Andalusia Labs intends to utilize the funds to accelerate product development, enhance institutional partnerships, and continue global expansion.
  • The opening of their global headquarters in Abu Dhabi will catalyze their global scaling efforts and strategically position the company for unparalleled growth.

Vibrant Capital Partners Opens International Headquarters in Abu Dhabi

Retrieved on: 
Tuesday, November 28, 2023
Asset Management, Professional Services, Finance, Market development, Senior, Lisp (programming language), Investment, Regulated Activation Networks, Ecosystem, Abu Dhabi Global Market, Growth, Vibrant consonant, MML Capital Partners

Vibrant Capital Partners (“Vibrant” or the “Firm”), a leading alternative credit investment manager with approximately USD8 billion in assets under management, today announced the opening of its office at Abu Dhabi Global Market (“ADGM”), the international financial centre of the capital of the United Arab Emirates (“UAE”).

Key Points: 
  • Vibrant Capital Partners (“Vibrant” or the “Firm”), a leading alternative credit investment manager with approximately USD8 billion in assets under management, today announced the opening of its office at Abu Dhabi Global Market (“ADGM”), the international financial centre of the capital of the United Arab Emirates (“UAE”).
  • Vibrant, through its wholly-owned affiliate, Vibrant Capital Partners International Ltd, has been granted a Financial Services Permission from ADGM’s Financial Services Regulatory Authority to conduct Regulated Activities under prudential Category 3C.
  • The ADGM office will serve as Vibrant’s international headquarters and reaffirms the Firm’s commitment to the UAE and broader Middle East region.
  • We look forward to witnessing the positive impact of Vibrant Capital Partners’ expertise in contributing to the growth and development of the financial ecosystem in Abu Dhabi and beyond.”

Zokyo Unveils Zokyo Econ Lab: A New Era in Token Economics Optimization and Compliance

Retrieved on: 
Thursday, December 7, 2023
IOTA, Arm, Dame Alice Owen's School, Economics, Policy, Entrepreneurship, Blockchain, Abu Dhabi Global Market, Growth, Token economy, White paper, Cryptocurrency, Audit

This new division is dedicated to assisting blockchain companies in optimizing their token economics, aligning them with both industry and regulatory standards across various jurisdictions.

Key Points: 
  • This new division is dedicated to assisting blockchain companies in optimizing their token economics, aligning them with both industry and regulatory standards across various jurisdictions.
  • Zokyo Econ Lab specializes in driving exceptional growth at the forefront of blockchain innovation, including ecosystems, protocols, foundations, and DAOs.
  • With expertise in mathematical analysis, Zokyo Econ Lab designs comprehensive token models to maximize value and ensure sustainable growth.
  • By scrutinizing distribution, utility, governance, and incentives, Zokyo Econ Lab identifies and capitalizes on optimization opportunities.

GLOBAL CENTRE LAUNCHED TO ACCELERATE CLIMATE FINANCE

Retrieved on: 
Monday, December 4, 2023
Climate change, HSBC, Global stocktake, UN, Investment, Chairperson, Research, Emirate, Growth, Development, GCFC, COP, Sustainable finance, Policy, ESG, School, Disclosure, GFANZ, Organization, ADQ, Innovation, Financial centre, Economic development, System, Partnership, Paris Agreement, BlackRock, World Bank Group, Developed country, COP28, Special edition, Private sector, Abu Dhabi Global Market, Environment, Thought, Renewable energy, Cryptocurrency, Masdar

Pioneering new Global Climate Finance Centre in Abu Dhabi to accelerate global climate finance and market design, delivering COP28 legacy

Key Points: 
  • Pioneering new Global Climate Finance Centre in Abu Dhabi to accelerate global climate finance and market design, delivering COP28 legacy
    New knowledge hub to house world-leading research, advisory and skills academy to pioneer new forms of climate finance and establish Abu Dhabi as a leading global marketplace
    Nine global founding members confirm membership including ADGM, ADQ, BlackRock, CIFF, GFANZ, HSBC, Masdar, Ninety One, and the World Bank Group
    DUBAI, UAE, Dec. 4, 2023 /PRNewswire/ -- Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally.
  • The announcement of the GCFC coincides with another landmark climate finance development, the launch of ALTÉRRA, a US$30 billion catalytic climate vehicle that will drive forward international efforts to create a fairer climate finance system with an emphasis on improving access to funding for the Global South.
  • CIFF is pleased to be partnering with the Global Climate Finance Centre, which can bring transparency and ambition to investors' transition finance targets and delivery and align that capital with NDCs."
  • The UAE has the capital, the capability and the ambition to serve as a global climate finance hub.

GLOBAL CENTRE LAUNCHED TO ACCELERATE CLIMATE FINANCE

Retrieved on: 
Monday, December 4, 2023
Climate change, HSBC, Global stocktake, UN, Investment, Chairperson, Research, Emirate, Growth, Development, GCFC, COP, Sustainable finance, Policy, ESG, School, Disclosure, GFANZ, Organization, ADQ, Multimedia, Innovation, Financial centre, Economic development, System, Partnership, Paris Agreement, BlackRock, World Bank Group, Developed country, COP28, Special edition, Private sector, Abu Dhabi Global Market, Environment, Thought, Renewable energy, Cryptocurrency, Online shopping, Masdar

Pioneering new Global Climate Finance Centre in Abu Dhabi to accelerate global climate finance and market design, delivering COP28 legacy

Key Points: 
  • Pioneering new Global Climate Finance Centre in Abu Dhabi to accelerate global climate finance and market design, delivering COP28 legacy
    New knowledge hub to house world-leading research, advisory and skills academy to pioneer new forms of climate finance and establish Abu Dhabi as a leading global marketplace
    Nine global founding members confirm membership including ADGM, ADQ, BlackRock, CIFF, GFANZ, HSBC, Masdar, Ninety One, and the World Bank Group
    DUBAI, UAE, Dec. 4, 2023 /PRNewswire/ -- Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally.
  • The announcement of the GCFC coincides with another landmark climate finance development, the launch of ALTÉRRA, a US$30 billion catalytic climate vehicle that will drive forward international efforts to create a fairer climate finance system with an emphasis on improving access to funding for the Global South.
  • CIFF is pleased to be partnering with the Global Climate Finance Centre, which can bring transparency and ambition to investors' transition finance targets and delivery and align that capital with NDCs."
  • The UAE has the capital, the capability and the ambition to serve as a global climate finance hub.