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FinancialNews
09-09-18
UAE, China sign deal on financial centers development
(MENAFN) The UAE's free zone Abu Dhabi Global Market (ADGM) was unveiled to have inked a memorandum of understanding with the Beijing Financial Street Services Bureau.
In a statement issued by ADGM, the MoU was confirmed to have been signed to encourage the boost of financial centers in both the UAE and China.
The ADGM stressed that the agreement "marks a continuation of ADGM's commitment to the Belt and Road Initiative."
It added that the deal offers an official platform for stronger bilateral ties between the two countries in various fields, including investment facilitation, joint research and closer exchange of information.
MENAFN0909201800450000ID1097406865
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