Press release
Yicai Signs Memorandum Of Understanding With ADGM
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Yicai, the only business and financial media organization in China with a comprehensive media portfolio spanning digital platforms, television and radio, newspapers and magazine, will provide regular coverage on Abu Dhabi's policies, industries, and business environment. This commitment is outlined in the Memorandum of Understanding (MoU) signed by Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, and Ms. Li Rong, Vice President of Shanghai Media Group and Chairwoman of Yicai, at the 2025 Abu Dhabi Investment Forum on Feb. 20.
Yicai will also participate in major ADGM forums, including the Abu Dhabi Financial Week, Abu Dhabi Sustainable Finance Forum, and Abu Dhabi Investment Forum. The MoU was signed in the presence of H.E. Ahmed Jasim Al Zaabi, Member of Abu Dhabi's Executive Council & Chairman of the Abu Dhabi Department of Economic Development (ADDED) and ADGM, and Mr. Fang Shizhong, President of Shanghai Media Group.
The two parties will explore opportunities to co-host events in China and Abu Dhabi, fostering finance and investment dialogue, alongside activities such as forums, visits, training, media exchanges, and cultural engagement, to strengthen industry connections and strengthen mutual understanding.
Commenting on the partnership, Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, said: "We are delighted to partner with Yicai. This collaboration reflects ADGM's commitment to enhancing global connectivity and fostering deeper understanding between our two nations. As Abu Dhabi continues to strengthen its position as a leading international financial centre, such strategic alliances are instrumental in shaping a more connected, innovative, and resilient global economy."
SMG views the partnership with ADGM as an opportunity to enhance information sharing, boost global influence and foster innovation in the financial market, Fang said. With a global reach of over one billion viewers, SMG is committed to driving systemic media reforms, focusing on the core strategies of "news-driven, culture-oriented, and integration-strengthened" to make the group a more internationally influential, innovative, and competitive multimedia corporation, Fang said.
Li Rong stated that Yicai has always been committed to assisting Chinese enterprises go global and to providing reliable information and professional business connections for multinational companies and institutions developing in China. She believes that Abu Dhabi will serve as a gateway of the Middle East for Yicai to conduct reporting and business development. Yicai also has a strong willingness and professional capability to deeply engage with and support institutions in Abu Dhabi in their business expansion in China.
In recent years, China and the Middle East have drawn closer, particularly through the Belt and Road Initiative, forging deeper collaborations in infrastructure, energy, finance, and technology. The UAE, as a major economic player in the region, has long been an important partner for China in the Middle East.
SMG international media umbrella includes major channels such as ShanghaiEye, Yicai Global, and Dragon TV, with more than 4.8 million global viewing hours annually and over 10 million overseas followers.
Since launching its English-language platform Yicai Global in 2016, Yicai has connected China with the world, helping Chinese companies go global while providing reliable information and business connections for multinational companies expanding into China.
Yicai entered into talks with ADGM last year and is now an exclusive media partner for the 2025 Abu Dhabi Investment Forum, which took place in Beijing on Feb. 18 and in Shanghai on Feb. 20. The forum focuses on key areas like finance, trade, infrastructure, technology, and healthcare, exploring investment opportunities between China and the UAE.
About ADGM
ADGM is the international financial centre (IFC) of the capital city of the United Arab Emirates, which opened for business on 21 October 2015. ADGM augments Abu Dhabi's position as a leading financial centre and a business hub, serving as a strategic link between the growing economies of the Middle East, Africa, South Asia, and the rest of the world.
Operating within an international regulatory framework based on the direct application of English Common Law, ADGM governs the entirety of Al Maryah Island and Al Reem Island collectively designated as the financial free zone of Abu Dhabi.
ADGM is ranked as one of the most preferred and top-ranking IFCs in the Middle East and Africa region. Its progressive and inclusive business ecosystem fosters growth, resilience, and optimism for global financial and non-financial institutions. Growing synergies between ADGM and multiple jurisdictions have positioned the centre as one of the world's most advanced, diverse, and progressively governed financial hubs.
For more details on ADGM, please visit www.adgm.com [https://www.adgm.com/] or follow us on LinkedIn and Instagram: @ADGM X: @adglobalmarket
For media queries, please contact: media@adgm.com
About Yicai Media Group
Yicai Media Group, a subsidiary of Shanghai Media Group, is China's largest financial and business media conglomerate. Founded in 2003, Yicai is headquartered in Shanghai, and owns branches in Beijing, Guangzhou and Shenzhen, as well as dispatching correspondents in the world's major financial cities.
Yicai owns media platforms such as Yicai APP, website (www.yicai.com [http://www.yicai.com/]), TV channels and radio frequency, China Business News(daily newspaper), YiMagazine(monthly magazine), the English news stream Yicai Global (www.yicaiglobal.com [http://www.yicaiglobal.com/]) and a large matrix of digital social media accounts, as well as specialized research arms including Yicai Research Institute, the Rising-Lab Urban Data Research Centre, CBNData-the Consumer Insights Research Centre, and Sustainable Development Research Center and etc.
Yicai produces and publishes more than 2,000 items of business and financial news, videos, data reports and in-depth analysis reports every day, broadcasts trading information of the global capital market, and delivers live streaming on various significant financial and industrial conferences and events. Yicai's news and information is also widely reposted and referenced by Chinese and global media.
Yicai is dedicated to becoming China's most credible digital financial media and information service group with international influence. For more details on YICAI, please visit www.yicai.com or www.yicaiglobal.com [https://www.yicaiglobal.com/], or find us on X: @yicaichina, Linkedin: @yicai-global, and Facebook: @YicaiGlobal
For media queries, please contact: media@yicai.com
Media Contact
Company Name: Yicai Media Group
Contact Person: Zhu Liming
Email: Send Email [http://www.universalpressrelease.com/?pr=yicai-signs-memorandum-of-understanding-with-adgm]
Country: China
Website: https://www.yicaiglobal.com/
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