Abu dhabi: ADGM Academy (ADGMA) has partnered with PGIM, the global investment management business of Prudential Financial, Inc., to launch the RealAssetX Abu Dhabi Innovation Centre-a cutting-edge lab dedicated to advancing sustainable technology, artificial intelligence (AI), and deep tech within the real asset industry. Set to open in September this year at the ADGM Academy offices, the centre aims to bring together global expertise to tackle the most pressing challenges and opportunities in real estate, infrastructure, smart cities, and related sectors.
According to Emirates News Agency, the announcement follows the strategic partnership formed between PGIM and the Abu Dhabi Investment Office (ADIO) announced in December last year to support the establishment of the centre. The RealAssetX Abu Dhabi Innovation Centre will focus on three key areas: climate technologies, advancing decarbonisation and environmental resilience; AI-driven decision-making, enhancing asset management and investment strategies through advanced analytics; and breakthrough applications, exploring blockchain for real estate, smart infrastructure systems, and advanced materials.
PGIM and ADGMA will jointly guide and oversee the centre’s strategy and operations, as it delivers research, ideation labs, hackathons, pitch competitions, and incubator and accelerator programmes. Alessandro Borgogna, Advisor – Cluster Planning and Development at ADIO, emphasized the significance of integrating AI, sustainability, and digital transformation across global industries, highlighting Abu Dhabi’s commitment to strengthening the financial services sector and positioning the emirate as a launchpad for deep tech solutions.
Mansoor Jaffar, CEO at ADGM Academy and Research Centre, stated that the partnership with PGIM, supported by ADIO, will enable the RealAssetX Centre to foster a vibrant ecosystem that nurtures early-stage ventures and accelerates breakthrough technologies in real assets. Mohammed Abdulmalek, Head of the Middle East at PGIM, added that the collaboration combines PGIM’s global investment expertise with ADGMA’s commitment to talent and technology, creating a platform for sustainable growth and positioning the region at the forefront of deep tech and AI-driven transformation.