Page 302 - ALEF EDUCATION PR REPORT MAY 2024

5/10/24, 1:13 PM Top industry visionaries honored at Economy Middle East Summit
The team from ADDED receiving the recognition for ‘Fastest Growing Economy’

Pioneer in Emerging Industries & Technologies: Abu Dhabi Investment Office
The Abu Dhabi Investment Office, with its unparalleled portfolio of investments, has been quietly identifying
and supporting companies and technologies in emerging industries, with an aim to drive the country’s growth
forward in the coming decades.
Under its guidance, Abu Dhabi has consistently emerged as a top city for doing business in the MENA region.
ADIO has also recently launched the Smart and Autonomous Vehicle Industry (SAVI) in partnership with the
Abu Dhabi Department of Economic Development, a hub for smart mobility in the MENA region.

A senior official from ADIO receives the plaque of recognition

Fastest Growing International Financial Centre: ADGM
Abu Dhabi Global Market has emerged as the region’s fastest-growing international financial centre for two
consecutive years in 2023, with assets under management growing by 35 percent.
ADGM is home to some of the world’s top global names such as Goldman Sachs, Blackstone, SBI Capital,
Apollo, and many others.
As of 2023, the centre had 1,825 operational entities, a 32 percent jump from 2022.

Abu Dhabi Global Market receives a well-deserved recognition

Leading Fintech Excellence: Visa
As a worldwide leader in digital payments, Visa has constructed one of the most innovative, convenient, reliable
and secure payment networks globally, with their main purpose being uplifting everyone, everywhere by offering
the best payment and receiving solutions.
Visa’s steadfast commitment to fostering an inclusive global economy, and its firm belief in access, is a
fundamental element for the future of money movement.

Visa receives the recognition for leading fintech excellence

High Growth Trade Network: Standard Chartered Bank
Standard Chartered, a super-connector international bank, has been unlocking growth opportunities across trade
corridors in Asia, Africa and the Middle-East. This has significantly powered the advancement of emerging
nations.
Standard Chartered also plans to grow trade and working capital income by 6-8 percent between 2024 and 2026,
which will further support economies and companies on its network.

Senior officials from Standard Chartered Bank receive the recognition for a bank that has been unlocking growth
opportunities

Fastest-Growing Technology Group: e&
Evolving from a telecom company to one of the leading technology groups globally, e& reported a record
consolidated net profit of AED10.3 billion for the fiscal year 2023, a growth of 3 percent year-on-year, while
consolidated revenue for the year stood at AED 53.8 billion, up 8.3 percent year-on-year.
Founded in Abu Dhabi over 47 years ago, the group has a rich legacy as the pioneer in telecommunications in the
UAE but has its footprint across Middle East, Asia and Africa. Innovation is ingrained in e&’s DNA with cutting-

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