Patricia Wu, a contributor and special events anchor for Fintech TV, is joined by Fatima Al Hammadi, the Head of the FinTech, Insurance, Digital, and Alternative Assets (FIDA) Cluster, to discuss the recent establishment of the platform, which aims to position Abu Dhabi as a global leader in the financial services sector.
FIDA serves as a comprehensive financial services cluster that integrates various sectors, including FinTech, insurance, digital assets, and alternative investments. Fatima outlines the five strategic segments that FIDA is focusing on: fintech and digital assets, insurance and pensions, asset and wealth management, ESG transition and green financing, and SME financing. Each of these areas is designed to reshape Abu Dhabi’s financial landscape and attract global investors.
They examine how FIDA aligns with Abu Dhabi’s long-term economic vision, which includes ambitious goals to contribute significantly to the GDP, attract substantial investments, and create thousands of jobs by 2045. The initiative aims to create a robust regulatory framework that benefits both local and international stakeholders.