CAPROCK AG is evaluating a regulated setup in Abu Dhabi Global Market (ADGM), in addition to our Swiss headquarter in Zurich. This move comes as part of our efforts to expand our global footprint and tap into the growing opportunities in the UAE and the wider Middle East region.
ADGM is a leading international financial center located in Abu Dhabi, the capital of the United Arab Emirates (UAE). It was established in 2013 with the aim of promoting economic growth and diversification by attracting businesses and investors from around the world. ADGM is an independent, international financial center with its own legal and regulatory framework, and it operates under the supervision of the Abu Dhabi Global Market Authorities (ADGMA).
The Abu Dhabi market offers several opportunities for companies in the finance industry. Firstly, the UAE has a growing economy with a high level of investment activity. Abu Dhabi, as the capital and largest emirate of the UAE, is at the forefront of this growth and is home to some of the largest sovereign wealth funds in the world. This presents a unique opportunity for firms like CAPROCK AG to leverage our expertise and experience in these sectors.
Secondly, the UAE are becoming an increasingly attractive destination for businesses and investors due to its favorable tax and regulatory environment. ADGM, in particular, offers a number of benefits for companies looking to establish a presence in the region. These include a streamlined registration process, flexible office solutions, and access to a pool of skilled talent.
In addition, our trusted partner H.E Sheikh Ahmed Alnuaimi, is on the ground and located in Abu Dhabi and he is instrumental in helping us navigate the local market and understand the unique opportunities and challenges it presents. In addition, some of our key clients are based in the UAE and the wider GCC region. We believe that establishing a presence in ADGM will allow us to better serve their needs and build deeper relationships with them.
In conclusion, we are excited to be evaluating a regulated setup in ADGM as part of our efforts to expand our global footprint and tap into the growing opportunities in Abu Dhabi and the wider Middle East region. We believe that this move will allow us to better serve our clients and position ourselves for long-term growth and success.
