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 2294 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
Reverse the effects of hair fall with Crescina Re-Growth HFSC Shampoo [14817-Views]
Achieve whiter teeth at home with Spotlight Teeth White Strips [14006-Views]
Time for Some AIGNER Love [13450-Views]
Noble™ Anti-aging Skin Care Products [12865-Views]
Golden Bridge Rectangle Diamonds Celebrates The Virtuosity Of Art Deco Design Genius [12670-Views]
RUNWAY DUBAI creates a new buzz campaign for fashion tourism [12334-Views]
Skyline Conducted Women of Substance: A Panel Discussion on Women Empowerment [12292-Views]
UAE National Day celebrated in Skyline Carnival 2017 [12243-Views]
SUC signed MOU with Waldorf Astoria Ras Al Khaimah [12023-Views]
SUC conducted Tour Guide Training Program for SCTDA [11822-Views]
Calvin Klein Presents Steadfast Collection [10968-Views]
Gift gorgeous skin this festive season. [10236-Views]
Mohammed bin Rashid Launches UAE Astronaut Programme [10059-Views]
Mido's Multifort Escape - An uncompromising timepiece for exploring new horizons [9919-Views]
Sthan, bringing you authentic Frontier food from beyond borders, is now open in Dubai [9595-Views]
NIVEA MEN and Real Madrid Extend Partnership Globally Covering 70+ Countries [9595-Views]
Eberhard & Co. celebrates 130th Anniversary with special commemorative Edition Chrono 4 [8888-Views]
Coach Women's Lex Stainless Steel Bracelet Watch Collection [8552-Views]
Absolutely Rejuvenated Skin to Start the New Year [8381-Views]
‘Artistry' - Branded Jewellery show at Malabar Gold & Diamonds' outlet in Meena Bazar, Bur... [8253-Views]
BOSS watches presents Navigator Collection [8021-Views]
Celebrate the Festive Season With the Galleria on Al Maryah Island in Abu Dhabi [7546-Views]
Together for Egyptian Cinema: A Million happy viewers [7491-Views]
Feast your way into the festive season at The Coffee Club [6997-Views]
Bovet Presents Brilliant Is Beautiful Gala Benefitting Artists for Peace and Justice's Gl... [6728-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories