Welcome to Fintech Abu Dhabi 2024

[Music] good morning distinguished guests ladies and gentlemen welcome to the heart of economic Innovation welcome to adgm the International Financial Center of Abu Dhabi where Innovation knows no bounds as we step into the third day of ADF W and mark the eighth edition of fent Abu Dhabi it is an honor to host such an extraordinary Gatherings of Visionaries strategist and Pioneers to the Region's largest fch Festival a special thanks to our partners for making today's event possible and for their unwavering support in driving Innovation and shaping the future of ftic today we are set to witness a dynamic exchange of ideas and actionable insights that will shape the future of global Finance together we will explore transformative solutions that will Define the next chapter of the financial industry the UAE has long embraced a bold vision for its future one rooted in diversification Innovation and sustainable growth by placing technology at the core of its economic and social development strategies the UAE is building a diversified economy that meets the challenges of today while preparing for the opportunities of tomorrow as the regions fastest growing Financial Center adgm has been playing a pivotal role in this journey leveraging its position as a robust technology Centric jurisdictions through initiatives like the adgm rig lab the Region's first regularity sound books and the digital lab a collaborative digital environment for testing ftic Solutions we have not only supported Innovation but also driven responsible digital transformation as part of this ecosystem adgm supports not only fentech but also Tech fence by offering them the space structure and support needed to grow and thrive in the UAE the Synergy between progress agressive regulations strategic policym and the ambition of Abu dhabi's Tech ecosystem has positioned adgm as a natural hub for fintech and Innovations this year has been remarkable for us as we witness tremendous growth and progress and a significant portion of this growth has been driven by by the fch sector where companies are leveraging Cutting Edge Technologies to tackle challenges in lending Banking and business finance several prominent fch and blockchain companies including block demon Thunder Thum Club Aspen digital and many others have established their presence within ad M further solidifying its reputation as a leading hub for financial Innovation moreover the introduction of adm's DLT foundations regulations marked a significant milestone in the evolution of digital asset regulatory framework both regionally and internationally this year we have seen companies such as Solana haken and Kaya and many more industry leaders in the DT space partner with adgm and establish their presence here contributing to our growing prominence in the ftech and blockchain space distinguished guests today's discussions underscores the importance of a shared Vision one that aligns with ad GM renewed Vision path to forward as we work toward building a future that is innovative interconnected and prosperous for all we contribute to the success of the Falcon economy a driving force in shaping the Global Financial landscape adgm now stands as a vibrant fentic Hub empowering both startups and established institutions these efforts are integral to the uae's broader digital transformation agenda which has been which has firmly placed Abu Dhabi as the destination of choice for Global Financial firms further reinforcing its position as the capital of capital I thank you for being an integral part of this journey and I wish you a productive inspiring and thought-provoking day ahead thank [Music]