Dubai: Dubai International Financial Centre Authority (DIFCA) has signed a strategic agreement with Toronto Financial Services Alliance (TFSA), a unique, public-private partnership dedicated to growing Toronto region’s financial services cluster.

The Memorandum of Understanding (MoU) outlined a mutual agreement that both parties would work to foster a business-to-business collaboration in their respective financial centres. Under the new agreement, TFSA and DIFCA will explore avenues to jointly promote the importance of the Toronto and Dubai financial services sectors offerings internationally.