#Abu Dhabi #United Arab Emirates #AI Innovation #Mondevo Group

Mondevo Group Establishes Its Global Headquarters in Abu Dhabi

In a significant move that underscores Abu Dhabi's growing prominence as a hub for technology and innovation, Mondevo Group, an ecosystem driven by artificial intelligence (AI) focused on global family offices, has officially announced the establishment of its global headquarters at the Abu Dhabi Global Market (ADGM).

Strategic Decision for Global Growth

This decision is not merely a logistical one, but a strategic positioning intended to take full advantage of Abu Dhabi's emerging status as a worldwide leader in AI, digital assets, and next-generation financial services. The choice of ADGM reflects Mondevo’s commitment to harness complex innovations and advanced technologies within a supportive regulatory framework.

Why Abu Dhabi?

Mondevo Group's confidence in Abu Dhabi as an ideal location stems from several key factors:

1. Favorable Regulation: The jurisdiction of ADGM is renowned for its innovation-friendly regulations, laying a foundation that allows businesses like Mondevo to thrive.

2. Advanced AI Infrastructure: Abu Dhabi is rapidly becoming a center for AI advancements, with substantial investments directed toward creating an ecosystem where innovation in technology is supported by cutting-edge infrastructures.

3. Global Accessibility: The city serves as a strategic gateway bridging the East and West, providing Mondevo Group with a conduit to engage efficiently with family offices, sovereign funds, and institutional investors worldwide.

4. Business-Friendly Environment: With common law frameworks, favorable tax regimes, and transparency in operations, ADGM offers the ideal conditions for innovative financial services groups like Mondevo to operate effectively.

The Vision for the Future

Hussam Otaibi, the founder of Mondevo Group, passionately emphasized the operational and tangible commitments of Abu Dhabi towards becoming a capital for AI. He stated, “Abu Dhabi is constructing the precise ecosystem we need to evolve our AI-native business banking platform. While many financial centers are adapting AI to existing systems, Abu Dhabi is building the future from the ground up.”

Mondevo operates through three key pillars: Mondevo Wealth, focusing on the preservation and management of private wealth with Swiss precision; Mondevo Ventures, which invests in local companies across various sectors; and MondeVita, dedicated to luxury and lifestyle investments. Each pillar is fortified by the group's internal tech center situated in Singapore, which is a hub for over 40 AI developers creating sophisticated models that redefine how family offices engage with private markets.

Alignment with National Vision

This establishment aligns seamlessly with Abu Dhabi’s broader goals of becoming a center for economic growth fostered by innovation. The emirate’s Digital Strategy 2025-2027 is geared towards becoming a fully AI-powered government, making it the perfect environment for Mondevo Group’s ambitious plans for expansion and innovation.

About Mondevo Group

Mondevo Group is an AI-native ecosystem dedicated to serving global family offices, comprising three distinct pillars while being supported by a tech team in Singapore. As it marks this milestone at Abu Dhabi Global Market, Mondevo is poised for unprecedented growth in a thriving environment that promotes both wealth and innovation.

For more information, visit Mondevo Group or reach out via media contact.