emirates7 - ADGM Academy (ADGMA) has teamed up with PGIM, the global investment management arm of Prudential Financial, Inc., to establish the RealAssetX Abu Dhabi Innovation Centre — a state-of-the-art hub aimed at advancing sustainable technology, artificial intelligence (AI), and deep tech in the real asset sector.
Scheduled to open this September at ADGM Academy’s premises, the centre will serve as a global platform for addressing key challenges and opportunities in real estate, infrastructure, smart cities, and related industries.
This initiative builds on the strategic partnership between PGIM and the Abu Dhabi Investment Office (ADIO), which was announced in December last year to support the centre’s development.
The RealAssetX Centre will focus on three core areas: climate tech to promote decarbonisation and environmental sustainability; AI-powered decision-making to improve asset management and investment practices; and pioneering technologies, such as blockchain for real estate, smart infrastructure, and next-generation materials.
PGIM and ADGMA will jointly lead the centre’s strategic direction and operations, offering a range of innovation-focused activities including research programmes, ideation workshops, hackathons, pitch events, and startup accelerators and incubators.
Alessandro Borgogna, Advisor for Cluster Planning and Development at ADIO, highlighted that Abu Dhabi is leading the global innovation wave by merging AI, sustainability, and digital advancement, with RealAssetX serving as a key step in boosting the emirate’s role in delivering scalable deep tech solutions.
Mansoor Jaffar, CEO of ADGM Academy and Research Centre, emphasized the goal of fostering a dynamic ecosystem that supports early-stage startups and drives transformative technologies in the real asset space, noting that the partnership with PGIM and support from ADIO will help position Abu Dhabi as a global deep tech and smart infrastructure hub.
Mohammed Abdulmalek, PGIM’s Head of Middle East, added that by merging PGIM’s global investment insights with ADGMA’s focus on talent and innovation, the centre aims to fuel sustainable growth, unlock new opportunities, and place the region at the forefront of AI and deep tech evolution.
Scheduled to open this September at ADGM Academy’s premises, the centre will serve as a global platform for addressing key challenges and opportunities in real estate, infrastructure, smart cities, and related industries.
This initiative builds on the strategic partnership between PGIM and the Abu Dhabi Investment Office (ADIO), which was announced in December last year to support the centre’s development.
The RealAssetX Centre will focus on three core areas: climate tech to promote decarbonisation and environmental sustainability; AI-powered decision-making to improve asset management and investment practices; and pioneering technologies, such as blockchain for real estate, smart infrastructure, and next-generation materials.
PGIM and ADGMA will jointly lead the centre’s strategic direction and operations, offering a range of innovation-focused activities including research programmes, ideation workshops, hackathons, pitch events, and startup accelerators and incubators.
Alessandro Borgogna, Advisor for Cluster Planning and Development at ADIO, highlighted that Abu Dhabi is leading the global innovation wave by merging AI, sustainability, and digital advancement, with RealAssetX serving as a key step in boosting the emirate’s role in delivering scalable deep tech solutions.
Mansoor Jaffar, CEO of ADGM Academy and Research Centre, emphasized the goal of fostering a dynamic ecosystem that supports early-stage startups and drives transformative technologies in the real asset space, noting that the partnership with PGIM and support from ADIO will help position Abu Dhabi as a global deep tech and smart infrastructure hub.
Mohammed Abdulmalek, PGIM’s Head of Middle East, added that by merging PGIM’s global investment insights with ADGMA’s focus on talent and innovation, the centre aims to fuel sustainable growth, unlock new opportunities, and place the region at the forefront of AI and deep tech evolution.