Abu Dhabi has launched the 'Fayda' cluster to accelerate the development of the next generation of financial and investment solutions, and to enhance the emirate's role as a global center. The initiative aims to create an innovative ecosystem that will bring together startups, investors, and regulators to develop advanced financial technologies. This step aligns with the emirate's strategy to diversify its economy and attract international talent. The 'Fayda' cluster will serve as a platform for collaboration and knowledge exchange in the field of financial innovation.
