The Global Market: Abu Dhabi’s new financial-free zone

Following the recent issuance of Abu Dhabi Law No. (4) of 2013 concerning the Abu Dhabi Global Market, the Federal- and Emirate-level legislative framework is now complete to permit the launch of Abu Dhabi’s new financial free zone, the Abu Dhabi Global Market.

Allen & Overy has acted as the sole legal counsel, advising on all the legal aspects of the establishment of the Global Market. ADS Holding acted as lead and strategic adviser on the project, advising on the commercial, technical and operational aspects.

In this e-alert, Allen & Overy discusses the various elements of the Global Market, what is different about it and what the next steps are…

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