Abu Dhabi Investment Office (ADIO) has joined forces with HSBC Bank Middle East to strengthen business and investment ties between Abu Dhabi and key Asian markets. The collaboration aims to promote outbound and inbound opportunities for Abu Dhabi-based entities, leveraging HSBC’s extensive global network.
The partnership will facilitate business development, investment and trade flows between Abu Dhabi and Asia. HSBC will play a pivotal role in connecting ADIO with opportunities in Europe, the UK, and the Americas.
The agreement was signed by Badr Al-Olama, Director General of ADIO, and Mohamed Al Marzooqi, Chief Executive of HSBC UAE, in the presence of His Excellency Ahmed Jasim Al Zaabi and Abdulfattah Sharaf.
ADIO and HSBC will work together to:
Facilitate business development: Help Abu Dhabi companies expand into Asian markets and attract foreign investors.
Promote trade and investment: Organise events and initiatives to foster two-way trade and investment flows.
Strengthen economic connectivity: Create a vibrant business ecosystem in Abu Dhabi and connect it to global markets.
“The UAE is young, ambitious, and rising – and Abu Dhabi’s Falcon Economy has taken centre stage in the nation’s prosperity. With the country’s non-oil growth running at roughly double the global average, Abu Dhabi is diversifying swiftly with abundant investment opportunities,” said Mohamed Al Marzooqi, Chief Executive of HSBC UAE.
There’s rapid growth in capital flows between Asia and the UAE, and with stronger policy links, trade agreements, and liberalisation of capital markets, we see opportunities for businesses on both sides to access capital and new markets.”
HSBC’s recognition as UAE’s Best International Bank and Asia’s Best Bank further strengthens its position as a strategic partner for ADIO. With its extensive presence in Asia, HSBC can offer valuable insights and support to Abu Dhabi-based businesses seeking to expand their horizons.
