In response to the growing demand from Chinese businesses, Abu Dhabi Global Market (ADGM), the financial hub of the UAE capital, has revealed plans for an extensive roadshow across China in February 2025. The event, which will stop in major cities such as Beijing, Shanghai, Shenzhen, and Hong Kong, aims to further develop ADGM’s ties with Chinese businesses eager to establish a presence in the region.
The announcement follows the success of a previous roadshow in July 2024, where ADGM officials visited Shanghai and Hong Kong to engage with prospective investors. The upcoming trip is seen as a key opportunity to tap into China’s expanding financial market and address the “overwhelming interest” from Chinese firms seeking to venture into the UAE’s business landscape.
Arvind Ramamurthy, Chief of Market Development at ADGM, expressed the significance of the trip, emphasizing the long-standing relationships between China and the UAE. “There are deep relationships between the two countries,” Ramamurthy 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.”
The roadshow will focus on promoting ADGM’s advantages as a leading financial center and a bridge for cross-border investments between China and the UAE. With the 40th anniversary of diplomatic ties between the two nations in 2024, the economic and business collaborations have become increasingly robust. Mubadala Investment Company and the Abu Dhabi Investment Authority, two of the largest sovereign wealth funds in the UAE, have previously made significant investments in Chinese companies, solidifying the growing economic ties.
Ramamurthy also highlighted the complementary legal frameworks between ADGM and Hong Kong, which share an English common-law system for resolving civil and commercial disputes. This alignment is seen as a crucial factor for businesses looking to establish operations in both regions.
As the UAE continues to enhance its global financial standing, this roadshow marks a pivotal step in strengthening its economic relationship with China, fostering mutual growth and investment opportunities.
