Abu Dhabi: Abu Dhabi Global Market, ADGM, on Sunday announced that it has signed a 50-year lease with the Mubadala Development Company to make the Financial Building on Al Maryah Island, owned by Mubadala subsidiary, AlSowah Square Properties, ADGM’s headquarters.

With Cabinet Resolution No 04 of 2013 having designated Al Maryah Island as the location of the Financial Free Zone and Law No 04 of 2013 establishing ADGM and its Board of Directors as its authority, Sowwah Square has been renamed Abu Dhabi Global Market Square and the Financial Building is now named Abu Dhabi Global Market Building.