Abu Dhabi has seen a surge in new investments from China - FSRA CEO | ZAWYA MENA Edition:
The UAE’s capital has attracted high profile investments from China with several major entities looking to establish presence at the Abu Dhabi Global Market (ADGM), the international financial centre, according to the chief executive of the Financial Services Regulatory Authority (FSRA).
“We aim to aggregate liquidity and investments bringing together the best from the East and the West. In this regard, we have witnessed a sharp uptake in new investments from China,” said Richard Teng, CEO of FSRA.
Speaking at the Investor Forum of FinTech Abu Dhabi, Teng noted that Shanghai Stock Exchange will set up a “Belt and Road” international exchange in ADGM to meet the financing needs of investors and participants in the Belt and Road Initiative.
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