ABU DHABI, UAE, Nov. 30, 2024 /CNW/ — ADGM, the international financial centre (“IFC”) of Abu Dhabi, announced another quarter of unprecedented growth, with exceptional achievements for the third quarter (“Q3”) of 2024 across key metrics. The results underscore ADGM’s pivotal role in Abu Dhabi’s strategic ambition to diversify its economy and solidify its position as a premier global destination for finance, investment, and innovation. ADGM continues to align with Abu Dhabi’s economic growth, which registered a 6.6% growth in non-oil GDP, in the Q2 of 2024.

His Excellency Ahmed Jasim Al Zaabi, the Chairman of ADGM, remarked, “Our record-breaking achievements in Q3 exemplify the appeal of ADGM’s world-class ecosystem that brings together a stable regulatory environment, strategic location and ease of doing business. The continued influx of businesses and investors into ADGM highlights Abu Dhabi’s competitive advantage in the global financial industry and the growth of the Falcon Economy. As we pave the ‘Path to Forward’, we aim to continue building on this momentum to deliver further growth and innovation that benefits not just Abu Dhabi and the UAE, but the wider financial community.”

Asset Management Leads Growth

ADGM recorded a substantial increase of 215% in total Assets Under Management (AUM) in Q3 2024 compared to Q3 2023, demonstrating its rapid ascent as a top asset management hub in the MENA region. This growth highlights ADGM’s ability to attract high-calibre asset managers, investment funds, and private equity firms, establishing it as a go-to location for institutional investors worldwide. This is also reflected in the growth of the total fund and asset managers, which reached 128, managing 156 funds, as of the end of Q3 2024.

Joiners during the Q3 of 2024 include PGIM, Nuveen, Elysium Management, Stonepeak, and Gemcorp Capital.

Surge in New Business Registrations and Expanding Ecosystem

In Q3 of 2024, ADGM saw a 33% rise in the number of newly issued business licences compared to the same period last year. A total of 759 new licences were issued over the period to financial, non-financial and retail firms. The total number of operational entities within ADGM’s jurisdiction jumped to 2,251, an impressive 31% year-on-year growth. The surge reflects strong demand from a diverse range of sectors, including asset management, FinTech, and professional services, within ADGM’s ecosystem.

Furthermore, the workforce within ADGM’s jurisdiction has been steadily increasing with more and more businesses joining its vibrant ecosystem marking an increase of 35% in the overall workforce.

Roadshows Bringing Abu Dhabi to the World

In line with its mission to enhance global connectivity and attract investments, ADGM participated in a series of international roadshows during Q3 of this year. One of the major ones was several high-level engagements in China and Hong Kong to celebrate 40 years of bilateral relations between the UAE and China.  Furthermore, ADGM delegations continued their series of engagements with financial leaders and authorities in the international market covering Singapore, London, Washington DC and New York, bringing the total number of bilateral discussions to more than 150 across key international markets.  

Upcoming Flagship Event

Looking forward, as ADGM nears the end of the 2024 financial year, it is set to host the third edition of its flagship event series, Abu Dhabi Finance Week (ADFW) in December. The event is expected to bring over 20,000 delegates to explore the theme ‘Welcome to the Capital of Capital’.

Logo – https://mma.prnewswire.com/media/2550581/5010772/ADGM_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/adgms-asset-management-sector-leads-exponential-growth-in-third-quarter-of-2024-302319069.html

SOURCE ADGM

IRVING, Texas, Nov. 30, 2024 /PRNewswire/ — To empower small businesses to achieve their best year in 2025, The N2 Company (N2) will provide free website audits through its internal digital marketing agency, Hyport Digital. This offering, announced on Small Business Saturday, underscores the company’s belief in the importance of an optimized online presence for local businesses, while also being the nation’s top franchisor of print media.

According to Zippia, 81% of shoppers research a business online before making a purchase, emphasizing the necessity of a user-friendly, updated website. Hyport’s website experts, who specialize in helping small businesses win, say many existing sites they see fall short of providing a seamless user experience or meeting modern SEO standards.

“At Hyport Digital, we’ve worked with thousands of small businesses on their digital presence. We often see websites that would benefit greatly from a few improvements, whether it’s optimizing the site for mobile-friendliness or giving the design a boost to let potential customers know yours is a business they can trust to do the best job,” said Colby Ray, N2’s Director of Digital Operations.

Hyport Digital’s free website audits, available now, will give small business owners actionable insights into their current website’s performance, including design effectiveness, loading speed, mobile responsiveness, and SEO. Business owners can then use this information to make enhancements that drive customer engagement and increase sales. Hyport will also provide pricing information for owners who wish to have improvements professionally made by N2’s digital experts.

Small business owners interested in receiving a free website audit should visit hyportdigital.com/book-a-meeting and fill out the contact form. Though no promotion end date is set, owners are encouraged to take advantage of this free offering ahead of the new year.

About The N2 Company

For 20 years, The N2 Company has helped businesses “connect with ideal clients” by partnering with affluent neighborhoods, real estate communities, new-mover audiences, and others, to produce 800 custom publications – and more opening every week. And through Hyport Digital, N2 provides exceptional services to local businesses that wish to unlock their digital potential. Visit The N2 Company at www.n2co.com to learn about our full portfolio of brands: Stroll, Greet, Real Producers, BeLocal, Salute, Uniquely You, and Hyport Digital.

CONTACT:
The N2 Company
marketing@n2co.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyport-digital-announces-free-website-audits-for-small-businesses-in-honor-of-small-business-saturday-302317869.html

SOURCE The N2 Company

MonoVM expands its VPS hosting to Brazil, Japan, and Turkey, enhancing global service coverage with improved speed, reliability, and regional support.

VILNIUS, Lithuania, Nov. 30, 2024 /PRNewswire-PRWeb/ — MonoVM, a global leader in VPS hosting and cloud solutions, is proud to announce the addition of three new strategic VPS hosting locations: Brazil, Japan, and Turkey. This expansion marks a significant milestone in MonoVM’s mission to deliver fast, reliable, and geographically diverse hosting services to its customers worldwide.

Why Choose MonoVM VPS Hosting?

MonoVM is renowned for its cutting-edge infrastructure, excellent uptime, and scalable solutions tailored to meet the needs of businesses, developers, and individuals. With these new locations, customers can now enjoy enhanced connectivity, lower latency, and localized services, ensuring a seamless hosting experience.

High Performance: MonoVM’s servers are built to handle demanding workloads, offering high-speed performance and unmatched reliability.Global Reach: The addition of Brazil, Japan, and Turkey extends MonoVM’s presence, giving users access to strategically positioned servers around the globe.24/7 Customer Support: MonoVM’s expert support team is available around the clock to resolve any issues and guide users through their hosting needs.

Explore the Benefits of MonoVM VPS Hosting

With MonoVM, customers can confidently scale their projects while enjoying a secure hosting environment backed by advanced virtualization technologies. Whether you’re running resource-intensive applications or hosting a personal website, MonoVM offers customizable plans to fit every requirement.

For a detailed comparison of VPS providers and why MonoVM stands out, check out our Best VPS Providers article. You’ll discover insights to help you choose the best provider based on your needs.

Additionally, learn more about MonoVM’s comprehensive hosting solutions on our VM Hosting homepage.

Start your hosting journey today with MonoVM VPS Hosting in Brazil, Japan, and Turkey, and experience the difference of high-quality, globally accessible infrastructure.

Media Contact

Babak Nasiri, monoVM, 370 5 205 5502, sales@monovm.com, https://monovm.com

View original content to download multimedia:https://www.prweb.com/releases/monovm-vps-hosting-expands-to-new-global-locations-brazil-japan-and-turkey-302318454.html

SOURCE monoVM