On November 28, 2017, the CFA Institute, the global association of investment management professionals, announced its decision to join forces with the Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, during a memorandum of understanding (MoU) ceremony. Together, the bodies aim to establish a new CFA Institute office operating in the Middle East and North Africa (MENA) by the end of the first quarter of 2018.