Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  
Ministry of Economy discusses cooperation in financial service & Blockchain technologies with specialized US companies
 

The Ministry of Economy discussed prospects for enhancing cooperation and developing working relations in financial services and blockchain technologies during a meeting with specialized American companies led by Perianne Boring, Founder and President of the Chamber of Digital Commerce. H.E. Juma Al Kait, Assistant Undersecretary for Foreign Trade Affairs, received the US trade delegation at the Ministry’s headquarters in Abu Dhabi.

The meeting was attended by Hind Al Youha, Director for the Investment Department; Dr. Matar Al Ali, Director of Industrial and Information Management Analysis, and other officials and employees of the Ministry. The American delegation included a group of leading US companies specializing in financial technology and Blockchain techniques as well as members of the American Digital Chamber of Commerce.

The group talked about cooperative possibilities available between the two sides and opportunities for establishing promising partnerships with companies from both countries specializing in financial service technologies. Participants agreed to take advantage of America’s vast experience to support the UAE's efforts to develop advanced technologies complementing its development objectives.

H.E. Al Kait reviewed the UAE's leading developments in various economic and trade fields, focusing on the country's desire to become a regional hub for many technology-oriented companies and establish specialized areas for technology services such as Dubai Internet City and other leading initiatives supporting the technical economy. He also touched on the country’s efforts to enhance the innovation and technology processes as well as the development of the financial markets and services sector.

He emphasized that American companies have extensive experience in this regard, pointing to the UAE’s interest in improving communications channels between the institutions and companies of both sides and developing programs for cooperation and exchange of effective expertise and establishing partnerships that serve the interests of both parties.

For her part, Al Youha gave a presentation on investment opportunities offered by the UAE economy. She reviewed the country’s progress in various global competitiveness indices.
Boring, on the other hand, expressed her interest in enhancing cooperation between US financial technology companies and financial institutions in the UAE.

She praised the UAE's achievements and its success in becoming a leading growth model in the Middle East. She added that the country’s strong capital market structure opens more areas of cooperation and opportunities for forging promising partnerships between US and UAE companies.


Posted by : Dubai PR Network Editorial Team
Viewed 2977 times
PR Category : Government, Legal & Humanity
Posted on : Wednesday, October 4, 2017  4:25:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Ministry of Health and Prevention partners with Children's H...
Next Story : Department of Economic Development-Ajman set to launch secon...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Fresh Hair in an Instant with SHOW Beauty [13609-Views]
Amadeo® Fleurier 39 “Fan” [11742-Views]
Mother's Day Gift Guide 2018 from The Little Birdy Group [10181-Views]
Show/Pop-up Event “Pret-A-Cover™ Buyers Lane” to Be Launched in Dubai From March 28th to A... [10169-Views]
Moreish Café in Dubai introduces a healthy Quinoa Burrito [9608-Views]
True Colours [9467-Views]
Robinsons Honored for Outstanding Store Design [9333-Views]
Splash receives 2 awards [8760-Views]
UAE Team Emirates' Mirza Takes Gold at Asian Cycling Championships [8503-Views]
Phenomenal development in falconry racing from small beginnings: HHC Deputy CEO [8485-Views]
WGS 2018: Opening Session Highlights Importance of Embracing Smart Living to Enhance Quali... [8363-Views]
RAK Hospital launches the biggest weight-loss challenge in association with MoHAP, RAK [7509-Views]
2XL launches Malmo Bed with floral designs for a vintage shabby chic inspired master bedro... [7161-Views]
Food Lovers Rejoice: Dubai Food Festival Is Back This Month [6814-Views]
Bridal Glow is Skin Deep: Tips for every bride-to-be in 2018 [6759-Views]
Mealtop, Introducing a Whole New Dessert Experience [6167-Views]
Optim-Eyes Lashes & Brows with Filorga [6070-Views]
Al Ahli Holding Group to redefine the UAE value shopping category through an AED 1.25 bill... [5850-Views]
NEZO launches new identity to guide consumers in selecting the best salt for their culinar... [5319-Views]
Safilo Group Reveals Its Spring/ Summer 2018 Collection [5307-Views]
WGS 2018: Governments Need to Prioritize Wellbeing of Citizens, Say International Experts [5264-Views]
Redefining the Skin Clinic Experience. #allnewkaya opens in Muscat City Centre! [5264-Views]
The new BMW HP4 RACE arrives at Abu Dhabi Motors – one of just 750 built [5228-Views]
The Robots Are Coming: Ministry of Finance Brings Artificial Intelligence to Dubai in a Bi... [5136-Views]
Leading Scientists, Astronauts Share Insights on why Space Exploration Matters at WGS 2018... [4984-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories