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A platform that offers limitless opportunities and paves the way for a brighter future

Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.

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Latest initiatives ADGM Announces Incentive Initiative for Existing Al Reem Island Businesses Transitioning to ADGM ADGM Marks Its Presence on Al Reem by Hosting its First Community Event on the Island
Providing an environment that empowers the future

A financial centre that provides transparency, efficiency, and integrity, through its progressive frameworks, future focused infrastructure, all within a familiar independent legal jurisdiction – ADGM is the perfect platform for success.

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Latest news 24 French Asset Management Firms With $1.6 Trillion AUM Convene for Second UAE – France Investor Meetup ADGM's Financial Regulator fines Sarwa Digital Wealth (Capital) Limited USD 122,500 for making an Offer of Securities in ADGM without Approved Prospectus
Preserve our economies and environment for future generations

ADGM, the centre for a transparent and thriving sustainable finance ecosystem.

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Highlights ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28 ADGM Implements its Sustainable Finance Regulatory Framework
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Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.

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Upcoming events FSRA Supervision Outreach Session ADGM's 4th Annual FATCA and CRS Awareness Session LINK Networking Series
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  • His Excellency Mohammed Ali Al Shorafa Al Hammadi

    Vice Chairman


    H.E. Mohamed Ali Al Shorafa is a member of the Abu Dhabi Executive Council, Chairman of the Department of Municipalities and Transport (DMT) since 2023, where he is leading a rapid and comprehensive transformation of the department at the direction of the UAE leadership. In his role as chairman of the DMT, Al Shorafa manages the urban planning and transport sectors, three municipalities and its affiliate entities including the Abu Dhabi Integrated Centre (ITC).

    On November 2021, Al Shorafa was appointed as the Vice Chairman of Abu Dhabi Global Market (ADGM), one of the world's leading international financial centres, where he spearheads efforts to progressing ADGM’s growth journey, strengthening the financial sector, attracting global companies and investments, and developing a vibrant business environment underpinned by innovation and a robust regulatory framework.

    With a proven track record in leadership excellence, he previously served as the Chairman of the Department of Economic Development – Abu Dhabi from 2019, establishing a solid foundation for his current roles. Al Shorafa was the key driver in prioritising economic diversification to lead Abu Dhabi towards a more competitive, transparent, and collaborative ecosystem that is on par with the global economy. Through his involvement in various public and private organisations, Al Shorafa has made significant contributions to the economic growth and development of the Emirate of Abu Dhabi. His remarkable achievements have garnered recognition, as he has been honoured as one of the world's most influential Arabs in both 2019 and 2021 by Arabian Business in collaboration with Bombardier.

    Al Shorafa stands as an exemplary national figure, acknowledged for his exceptional accomplishments, professional acumen, and unwavering dedication to the UAE. His commitment is exemplified by his illustrious educational background and his deliberate choice to associate with institutions that align with his interests. He holds an MBA from the prestigious London Business School and certifications from esteemed international institutions such as MIT’s Sloan School of Management, Citibank Global Asset Management, and completion of the senior executive leadership program at Harvard Business School.

    He currently holds several roles driving the economic growth and the prosperity of the Emirate, and these include Chairman of Abu Dhabi Housing Authority, Chairman of Etihad Aviation Group, Chairman of the Board of the Securities & Commodities Authority (SCA), and a board member of Etihad Rail and Abu Dhabi Transport Company.

    Previously, Al Shorafa held the position of CEO and Managing Director of UEMedical. He also served as a board member of the Strategic Partnership Council of the Department of Health - Abu Dhabi, and as the chairman of the Healthcare Working Group of the UAE-UK Business Council. Additionally, he served as the Vice-Chairman of United Eastern Group (UEG) and Gulf Contractors Company (GCC). Prior to launching UEMedical, Al Shorafa spent nine years at the Abu Dhabi Investment Authority (ADIA).