Abu Dhabi has launched a financial cluster to accelerate the development of fintech, digital assets, insurance and alternative investments as part of its wider economic diversification plans.
Abu Dhabi, the federal capital of the United Arab Emirates (UAE), has unveiled the FinTech, Insurance, Digital and Alternative Assets (Fida) cluster, led by the Abu Dhabi Department of Economic Development and the Abu Dhabi Investment Office, to support firms developing new financial and investment solutions. Fida focuses on high-growth areas where technology and regulation intersect The initiative is positioned as a key driver of the UAE's long-term growth, with projections indicating