Listening closely as Abu Dhabi Global Market slowly takes shape | The National

Listening closely as Abu Dhabi Global Market slowly takes shape | The National:



"Al Maryah Island, the home of the Abu Dhabi Global Market, is like a huge swan floating on the Arabian Gulf waters: tranquillity and grace on the surface, energetic activity beneath.



Not much has been publicly heard about the plans for the UAE’s new financial free zone for some time; the last public announcement was a the publication of a memorandum of understanding with the Central Bank back in April.



However, the absence of any public activity does not mean lack or progress. The message always was that the ambition to build a world-class financial free zone in the capital would be a gradual, cautious and painstaking task. Ahmed Al Sayegh, the chairman of the ADGM whose job it is to oversee its construction, has taken that message to heart."



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