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Abu Dhabi / WAM
Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding (MoU), with Emirates Telecommunications Group Company (Etisalat), and Emirates Integrated Telecommunications Company (EITC), Du to deploy and showcase innovative solutions and integrated services to transform the digital offerings of ICT and related services across Al Maryah Island.
Both the MoUs were signed during the 2018 FinTech Abu Dhabi Summit by ADGM.
The MoU between ADGM and Etisalat formally establishes a framework where Etisalat will provide innovative and integrated telecommunications service offerings catering to ADGM’s registered firms and entities. This will also facilitate further exploration and development of Etisalat’s research facilities and programmes focusing on various areas, including FinTech, blockchain and cyber security. As part of the partnership, Etisalat will pilot appropriate products and services on ADGM’s financial freezone on Al Maryah Island before opening up to the wider community in the UAE.
Du and ADGM will jointly explore appropriate business opportunities and collaborations in areas of communications, technology infrastructure, innovation platforms, pilot projects, digital services that cater to the evolving needs of ADGM’s registered firms and community set up in Al Maryah Island.