Abu Dhabi, UAE, 27 June 2016: Etihad Airways and Abu Dhabi Global Market (ADGM) have signed a landmark agreement that sees the airline become the Official Airline Partner of ADGM. The agreement harnesses the roles of both entities as ambassadors of Abu Dhabi and key players in delivering on Abu Dhabi’s vision as a world-leading business, tourism, and cultural destination.
The agreement was signed in the presence of His Excellency Ahmed Al Sayegh, Chairman of ADGM, by the Chief Executive Officer of ADGM’s Registration Authority, Dhaher M Bin Dhaher Almheiri, and Etihad Airways Chief Executive Officer, Peter Baumgartner.
The partnership establishes in-depth cooperation in commercial development and destination marketing that will drive business for both organisations, as well as providing ADGM members with privileged access to Etihad Airways and its partner airlines, including unique benefits across the combined network.
Peter Baumgartner, said: “It’s an honour to be the official airline partner of Abu Dhabi Global Market, a key pillar of Abu Dhabi’s Economic Vision 2030. We are proud to be associated with an organisation that is a major catalyst for the growth of the financial services sector and international commerce in Abu Dhabi and across the UAE.
“With our global network, ADGM’s members can access the financial centres of the world directly from Abu Dhabi – enjoying world class travel experiences and our renowned hospitality. Our travel companies, Hala Travel Management (HTM) and Hala Abu Dhabi will also be key players in the partnership, providing professional travel management services to ADGM’s growing business community as well as promoting the Emirate and all it has to offer. Our partnership with ADGM will help to achieve even greater success for Abu Dhabi as an international financial centre, business hub and tourism destination.”
Dhaher M Bin Dhaher Almheiri, said: “At ADGM, we strive to work closely with all stakeholders to provide our member institutions with best-in-class service. Etihad Airways, our national airline, complements these efforts with their offerings and service excellence. This strategic global partnership attests to how local entities can leverage each other’s natural synergies to support Abu Dhabi’s broader vision and commitment for the economy.
He added: “As an international financial centre, ADGM provides a dynamic business and entertainment destination that includes world class infrastructure, lifestyle and residential facilities in a business friendly and vibrant environment. With Etihad Airways as our strategic partner, ADGM members and businesses on Al Maryah Island can enjoy the advantages of international connectivity with direct access into Abu Dhabi and from Abu Dhabi to the region.”
About Etihad Aviation Group
Etihad Aviation Group (EAG) is a diversified global aviation and travel group comprising four business divisions – Etihad Airways, the national airline of the United Arab Emirates, Etihad Engineering, Hala Group and Airline Equity Partners. The group has minority investments in seven airlines: airberlin, Air Serbia, Air Seychelles, Alitalia, Jet Airways, Virgin Australia, and Swiss-based Darwin Airline, trading as Etihad Regional.
From its Abu Dhabi base, Etihad Airways flies to, or has announced plans to serve, 117 passenger and cargo destinations in the Middle East, Africa, Europe, Asia, Australia and the Americas. The airline has a fleet of 122 Airbus and Boeing aircraft, with 204 aircraft on firm order, including 71 Boeing 787s, 25 Boeing 777Xs, 62 Airbus A350s and 10 Airbus A380s. For more information, please visit: www.etihad.com
About Abu Dhabi Global Market
Abu Dhabi Global Market (ADGM), an international financial centre in the capital city of the United Arab Emirates, was established by Federal Decree in 2013 and opened for business on 21st October 2015.
In line with the Abu Dhabi’s Economic Vision, ADGM is a natural extension of Abu Dhabi’s role as a reliable and responsible member of the global financial community. Strategically situated in the heart of one of the world’s largest sovereign wealth funds, ADGM plays a pivotal role in positioning Abu Dhabi as a global centre for business and finance that connects with the growing economies of the Middle East, Africa and South Asia.
ADGM’s three independent authorities, the Registration Authority, the Financial Services Regulatory Authority and ADGM Courts, enable registered companies to conduct business in a zero-percent tax environment and operate with confidence within an international regulatory framework with its own independent judicial system and legislative infrastructure based on the Common Law.
Established as a broad based financial centre, ADGM’s foundation is anchored on three of Abu Dhabi’s current strategic strengths – private banking, wealth management and asset management and will continually expand its financial services in response to the needs of its businesses and marketplace.
Abu Dhabi Global Market is located on Al Maryah Island, a 114-hectare development that is home to world-class business and lifestyle facilities such as the Rosewood and Four Seasons Hotels and Residences, the first ever specialty Cleveland Clinic Hospital outside of USA, luxury retail at the Galleria Mall, grade-A offices spaces to meet Abu Dhabi’s long-term development and economic needs. All these complement ADGM’s international financial centre position as a vibrant destination in the capital city in Abu Dhabi. For more details of ADGM, please visit www.adgm.com