Dubai: Dubai International Financial Centre (DIFC) on Saturday signed a strategic partnership agreement with Dubai Economic Council (DEC). The agreement mandates the two sides to share best practices in areas of financial studies, economics, research and corporate governance.
As per the agreement, DIFC and DEC will cooperate in developing programmes and projects that achieve their mutual strategic objectives and enhance the economic initiatives of Dubai and the UAE. In addition, the two entities will cooperate in the field of Islamic finance to articulate the vision of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai to position Dubai as the capital of the Islamic economy.
Speaking on the partnership with DEC, Eisa Kazim, Governor of Dubai International Financial Centre, said: “Given our mutual goal to further drive Dubai’s leading position as a global financial hub, we are confident this partnership with DEC will succeed in augmenting trade and business growth in the emirate and boost the development of the financial services sector in Dubai, the wider UAE, and the region as a whole.”
