Latest news with #ADGMA
Gulf Today
17-07-2025
- Business
- Gulf Today
ADGM Academy partners with PGIM to advance sustainable technology
ADGM Academy (ADGMA) has partnered with PGIM, the global investment management business of Prudential Financial, to launch the RealAssetX Abu Dhabi Innovation Centre - a cutting-edge lab dedicated to advancing sustainable technology, artificial intelligence (AI), and deep tech within the real asset industry. Set to open in September this year at the ADGM Academy offices, the centre will bring together global expertise to tackle the most pressing challenges and opportunities in real estate, infrastructure, smart cities, and related sectors. The announcement follows the strategic partnership formed between PGIM and the Abu Dhabi Investment Office (ADIO) announced in December last year to support the establishment of the centre. The RealAssetX Abu Dhabi Innovation Centre will focus on three key areas: climate technologies, advancing decarbonisation and environmental resilience; AI-driven decision-making, enhancing asset management and investment strategies through advanced analytics; and breakthrough applications, exploring blockchain for real estate, smart infrastructure systems and advanced materials. PGIM and ADGMA will jointly guide and oversee the centre's strategy and operations, as it delivers research, ideation labs, hackathons, pitch competitions, and incubator and accelerator programmes. Alessandro Borgogna, Advisor - Cluster Planning and Development at ADIO, said, 'Abu Dhabi is driving the next stage of innovation by integrating AI, sustainability, and digital transformation across global industries. RealAssetX Abu Dhabi demonstrates our commitment to strengthening the financial services sector and positioning the emirate as a launchpad for deep tech solutions that deliver value at scale.' Mansoor Jaffar, CEO at ADGM Academy and Research Centre, said, 'We are committed to building a vibrant ecosystem that nurtures early-stage ventures and accelerates breakthrough technologies in real assets. Our partnership with PGIM, supported by ADIO, will enable the RealAssetX Centre to drive innovation, support sustainable development, and position Abu Dhabi as a global hub for deep tech and smart infrastructure.' Mohammed Abdulmalek, Head of the Middle East at PGIM, commented, 'By combining PGIM's global investment expertise with ADGMA's commitment to talent and technology, we are creating a platform that will drive sustainable growth, unlock new value, and position the region at the forefront of deep tech and AI-driven transformation.' Meanwhile in September, 2024, PGIM, the global investment management business of Prudential Financial, has received Financial Services Permission (FSP) to operate in Abu Dhabi Global Market (ADGM) and has opened a new office in Abu Dhabi, located in the city's financial district. Establishing its local entity marks PGIM's formal entry into the Middle East market, underscoring its commitment to serving institutional and professional clients in the region. PGIM is dedicated to providing innovative investment strategies and comprehensive client advisory services to regional investors, helping them navigate market complexities and achieve their financial goals. Arvind Ramamurthy, Chief of Market Development at ADGM, said, 'We are proud to welcome PGIM, one of the largest asset management companies in the world, to one of the largest financial districts in the world — ADGM. PGIM's expansion into Abu Dhabi marks an important milestone in leveraging its unparalleled expertise and comprehensive range of services alongside ADGM's robust ecosystem to unlock a wealth of investment opportunities in the region. Their role in driving growth and innovation in the region will strengthen ADGM's position as a global financial powerhouse.' Mohammed Abdulmalek, Head of the Middle East for PGIM and Chairman of the newly established local entity, commented, 'PGIM is well-equipped to offer bespoke investment solutions that align with the region's economic growth and transformation.' 'Abu Dhabi remains a key market for us, and the establishment of our new legal entity in ADGM emphasises our ongoing dedication to our presence in the UAE and our commitment to the Middle East. I look forward to leading PGIM's efforts in delivering value to our clients and contributing to the financial landscape of the UAE.' ADGM, the international financial centre of the UAE capital, announced the appointment of Rashed Abdulkarim Al Balooshi as Chief Executive Officer of ADGM's Registration Authority (RA), effective immediately. The appointment reflects ADGM's ongoing commitment to bolstering its leadership team and accelerating the execution of its strategic mandate, in alignment with Abu Dhabi's long-term economic vision. WAM
Zawya
18-06-2025
- Business
- Zawya
ADGM Academy and Al Nazaha Association sign strategic collaboration to advance anti-fraud and integrity initiatives
Joint initiatives to include tailored Continuing Professional Education (CPE) training, integrity and anti-fraud focused events, and awareness campaigns for national talent development. Abu Dhabi, UAE: ADGM Academy (ADGMA), the knowledge arm of ADGM, has signed a Memorandum of Understanding (MoU) with Al Nazaha Association to advance educational and professional development initiatives focused on integrity and anti-fraud practices across the UAE. The partnership reflects the commitment of both the Academy and the Association to enhance local talent and foster a culture of transparency and ethical conduct through collaborative education and awareness programmes. The partnership was signed by Ali Al Mehairi, Senior Director of Business Enablement at ADGMA, and Mrs. Naeima Al Menhali, Chairwoman of the Board, Al Nazaha Association, on 3rd June 2025. The MoU highlights the strategic collaboration to deliver fraud and integrity training courses to the public, co-develop short Continuing Professional Education (CPE) offerings, and create new UAE-accredited qualifications in the fields of integrity and anti-fraud. The Chairwoman of Al Nazaha Association emphasised that the ACFE is the world's largest anti-fraud organisation and a leading provider of anti-fraud training and education. She further noted that Al Nazaha is the only ACFE affiliate in the UAE officially approved by the Ministry of Community Empowerment and the Department of Community Development. The fraud and integrity training courses will focus on fraud prevention, detection, and deterrence. These courses will be delivered by ADGMA, the ACTVET-approved training provider, and sponsored by Al Nazaha Association, the official UAE affiliate of the Association of Certified Fraud Examiners (ACFE). ADGMA and Al Nazaha will also collaborate to jointly host events aimed at raising public and professional awareness of integrity and ethical practices in financial services. A Joint Working Group will also be established in the areas of collaboration defined in the MoU and will be responsible for implementing the partnership's strategic objectives and ensuring the execution of the agreed initiatives. Ali Al Mehairi, Senior Director of Business Enablement at ADGMA said, 'As the knowledge arm of ADGM, one of our goals is to establish and create a stronger and more transparent financial services ecosystem that consists of a new generation of professionals, empowered with the tools and knowledge to uphold market integrity at every level. Our collaboration with Al Nazaha Association marks an important step towards achieving this goal. Through this partnership, we aim to elevate national awareness around ethical conduct and anti-fraud capabilities. Equipping Abu Dhabi and the UAE's knowledge economy with these essential skills is vital to fostering trust and accountability across sectors.' Mrs. Naeima Al Menhali, Chairwoman of the Board at Al Nazaha Association said, 'This partnership represents a significant step toward building a future-ready workforce grounded in the values of integrity, accountability, and professional excellence. In collaboration with ADGM Academy, we take pride in supporting the UAE's vision of a more transparent and ethical society. Our collaboration reflects a shared commitment to raising awareness and enhancing national capabilities in combating fraud. Through the delivery of specialised training programmes in integrity and anti-fraud practices, we aim to instill a culture of integrity and promote anti-fraud principles across all sectors.' The partnership emphasises ADGMA's ongoing mission to deliver world-class learning and leadership development and further supports the national agenda of developing human capital in key regulatory and governance domains. About ADGM Academy ADGM Academy (ADGMA) is the knowledge arm of the international financial centre of Abu Dhabi - ADGM. ADGM was established in order to promote the Emirate of Abu Dhabi as a global financial centre, to develop the economy of the Emirate of Abu Dhabi and make it an attractive environment for financial investments and an effective contributor to the international financial services industry. ADGMA was established with the vision of becoming one of the region's top educational and Human Resources academies for banking, finance, and public services. In line with the UAE leadership's vision to continue to build a strong and resilient economic sector, we aim to provide our constituents and the community at large with world-class educational and experiential programmes. ADGMA has been at the forefront of financial and digital training programs, partnering with top industry experts, professional organisations and leading academic institutions to design and deliver programs and produce applied-based research relevant to the financial industry, focusing on future-driven trends. For media queries, please contact: E: media@
