2023-01-01

Cabinet Resolution No (41) of 2023 Amending Resolution No (4) of 2013 on the Location and Area of the Abu Dhabi Global Market

The Cabinet of the United Arab Emirates issued Resolution No. 41 of 2023 to amend the location and area of the Abu Dhabi Global Market (ADGM). The resolution officially designates ADGM to encompass Al Maryah Island with an area of 1,488,417.94 square meters and Al Reem Island with an area of 12,889,332.87 square meters. This decision modifies the previous designation under Resolution No. 4 of 2013 and became effective upon its publication in the Official Gazette.

Financial Services Regulatory Authority logo

United Arab Emirates

Financial Services Regulatory Authority

Click to view thumbnail

UNITED ARAB EMIRATES THE CABINET

Cabinet Resolution No (41) of 2023 Regarding the Amendment of Cabinet Resolution No (4) of 2013 Concerning the Determination of the Location and Area of the Abu Dhabi Global Market

The Cabinet:

  • Having reviewed the Constitution,
  • And Federal Law No (8) of 2004 Concerning Financial Free Zones,
  • And Federal Decree-Law No (15) of 2013 Establishing a Financial Free Zone in the Emirate of Abu Dhabi,
  • And Cabinet Resolution No (28) of 2007 Concerning the Executive Regulation of Federal Law No (8) of 2004 Concerning Financial Free Zones, and its amendments,
  • And Cabinet Resolution No (4) of 2013 Concerning the Determination of the Location and Area of the Abu Dhabi Global Market,
  • And based on the approval of the Cabinet,

Has Decided:

Article (1) The location of the "Abu Dhabi Global Market" is amended to be located on Al Maryah Island and Al Reem Island in the Emirate of Abu Dhabi, with an area of (1,488,417.94) square meters for Al Maryah Island and an area of (12,889,332.87) square meters for Al Reem Island, according to the maps attached to this Resolution.

Article (2) This Resolution shall be published in the Official Gazette and shall be enforced from the date of its issuance.

Original signed by His Highness Sheikh Mohamed bin Rashid Al Maktoum Prime Minister

Issued from: Date: 14 / Shawwal / 1444 AH Corresponding to: 24 / April / 2023 AD


[Page 2] Al Reem and Al Maryah Area sqm: 1,488,417.94 Area sqm: 12,889,332.87

[Page 3] Department of Municipalities and Transport DEPARTMENT OF MUNICIPALITIES AND TRANSPORT Abu Dhabi City Municipality ABU DHABI CITY MUNICIPALITY Legend ZONE Area sqm: 12,889,332.87 Al Reem Island

[Page 4] Department of Municipalities and Transport DEPARTMENT OF MUNICIPALITIES AND TRANSPORT Abu Dhabi City Municipality ABU DHABI CITY MUNICIPALITY Legend ZONE Area sqm: 1,488,417.94 Al Maryah Island