Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution
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.

Read about Abu Dhabi's life style
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
Overview Business Areas Setting up Operating in Public Registers Legal Framework
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.

Find out how to set up in ADGM
Latest News ADGM Appoints Sir Nicholas Patten as Court of Appeal Judge to ADGM Courts Ethara Announces ADGM as an Official Event Supporter of The 16th Edition of Formula 1 Etihad Airways Abu Dhabi Grand Prix
Regulation Awareness Collaboration Ecosystem ADGM Sustainable
Preserve our economies and environment for future generations

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

More about our Sustainability vision
Highlights Abu Dhabi Sustainable Finance Forum’s COP28 Edition Deep-Dives into Nuances of “Building Green Financial Centres of the Future” ADGM, the Region's Leading Climate Finance Hub, Announces its Role as Principal Partner at COP28
Media News Events Spotlight Podcasts Publications
Stay up-to-date with our wide range of available resources

Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.

Read our latest news articles
Upcoming Events RESOLVE 2024
Support Make an enquiry Whistleblowing FAQs
We are here to help

At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.

View available support options
Some of our FAQ topics
  • Getting started
  • Foundations regime
  • Resolution for incorporation
  • Existing auditors
  • New auditors
  • ACCESSADGM
  • Discover

    News

    Media Announcements ADGM partners with Zand Bank to support SMEs in Abu Dhabi Download Arabic

    ADGM partners with Zand Bank to support Technology SMEs in Abu Dhabi

    ADGM: 21 February 2023

    Download Arabic

    Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and Zand Bank PJSC, the UAE’s first all-digital bank licensed by the UAE Central Bank, have signed a Memorandum of Understanding (MoU) to support UAE Technology SMEs and provide preferential banking services.

    The agreement will focus on providing preferential banking services including efficient bank account opening for ADGM-licensed entities, including SMEs, virtual assets companies, funds, and corporations. The collaboration aims to empower the ADGM community and SMEs incorporated in ADGM by offering a curated value proposition for those, including access to SMEsouk, Zand’s digital platform for SMEs. ADGM and Zand Bank will work together on developing a capacity-building programme to improve knowledge exchange between employees and potential clients through educational sessions across sectors and stakeholders, networking, and training.

    As per the agreement, ADGM will work together with Zand Bank to drive UAE national work placements and offer tailored finance training programmes, SME financing platforms, a Fintech sandbox, and corporate innovation programmes. The ADGM community will be supported by dedicated client managers during the client onboarding and engagement process. Additionally, the partnership will enable awareness of the Fintech opportunities and initiatives in Abu Dhabi and develop an ecosystem of Fintech partners.

    Zand Bank was built to change the way the UAE banks, leveraging the power of advanced data capabilities, an agile operating model, and cutting-edge technologies to simultaneously simplify and upgrade the customer experience. In alignment with the UAE’s digital agenda, Zand Bank is determined to become the gateway to the markets of the wider region.

    ADGM will support Zand Bank in its business development efforts and the penetration of the largest 100 ADGM-incorporated entities through investment banking services. Through the agreement, Zand Bank will allocate a help desk to serve the needs of the employees of ADGM, and ADGM-incorporated entities. The help desk will serve as the initial point of contact for all employee banking needs, including providing information, responding to inquiries, receiving complaints, and introducing employees who are interested in Zand’s diverse offerings.

    Commenting on this partnership, Dhaher bin Dhaher Al Mheiri, CEO of ADGM, said: “We are pleased to partner with Zand Bank to collaborate on mutually beneficial initiatives and empower ADGM’s community with dedicated banking services. SMEs exist as one of the main pillars of economic diversification in the UAE and Abu Dhabi. They are important contributors to ADGM’s vibrant ecosystem. Enabling digital financial services through Zand bank in both the retail and corporate space for these SMEs is a testament to our continued efforts to support their growth and expansion in the global financial hub. We look forward to witnessing the long-term growth this impactful partnership presents to the ADGM community and the SMEs of the UAE.”

    Commenting on the announcement, Michael Chan, CEO at Zand Bank said: “We are delighted to partner with ADGM to support technology SMEs and start-ups across the UAE. As the international financial centre in Abu Dhabi, ADGM houses a number of diverse businesses, all looking to grow and expand their footprint in the region. We strive to financially empower these businesses in the ADGM community, through our innovative, customer-centric and superior digital banking offerings.”

    Zand Bank will be the sixth bank that ADGM has partnered with in addition to many other prominent banks operating in the capital city and the UAE.

    Related news

    View all Ethara Announces ADGM as an Official Event Supporter of The 16th Edition of Formula 1 Etihad Airways Abu Dhabi Grand Prix ADGM Hosts Largest Financial Career Fair in the Region, welcoming Over 10,000 Global Attendees ADGM Enhances Real Property and Off-Plan Development Regulations, Launches Unified Digital Platform

    About

    Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution Careers

    Business

    Overview Business areas Setting up Operating in Public registers Legal framework

    Sustainable Finance

    Regulation Awareness Collaboration Ecosystem ADGM Sustainable

    Discover

    Media News Events Spotlight Podcasts Publications Documents

    Contact & Support

    Support Make an enquiry Whistleblowing

    Resources

    FAQs Document Repository
    © 2024 Abu Dhabi Global Market. All rights reserved. Sitemap Terms and conditions Privacy policy Cookies policy

    We use cookies and similar technologies that are necessary to operate the website. Additional cookies are used to perform analysis of website usage. By continuing to use our website, you consent to our use of cookies. For more information, please read our Cookies Policy.

    Reject cookies Accept cookies