Arab News, Tue, Nov 21, 2023 | Jumada Al-Uola 6, 1445
Dubai, China strengthen capital market ties with new agreement
Dubai and China are set to enhance their capital market ties through a newly
signed agreement between their stock exchanges.
According to a press statement, the Dubai
Financial Market, in collaboration with Nasdaq Dubai and the Shanghai Stock
Exchange, has signed a memorandum of understanding to advance joint products,
including initiatives in indices and electronic funds transfer.
This strategic alliance will also open avenues for
introducing innovative products in environmental, social, corporate governance
This step marks a significant development in
fostering financial collaboration between these exchanges.