Essa Kazim, Governor of Dubai International Financial Centre and Chairman of Dubai Financial Market, added that, "as the economic and financial ties between China and the Middle East expand rapidly, Dubai is well placed to facilitate a continuing broadening and deepening of this important relationship."
"The Emirate's sophisticated financial infrastructure is available to promote an offshore RMB market serving the region and facilitate a range of transactions for the mutual benefit of Chinese and Middle East issuers and investors," he continued.
"The exchange is delighted to provide a platform to support the regional activities of ABC, as one of China's most prominent banks with an expanding footprint in MENA countries," Hamed Ali, Chief Executive of NASDAQ Dubai, said. "NASDAQ Dubai's high international profile is uniquely positioned to serve issuers from China as they increase their business presence in the region and we look forward to building new relationships with Chinese companies."
