DFM and Astana International Financial Centre cooperate

Dubai Financial Market, DFM, has briefed a Kazakh delegation on Dubai’s leading position as a dynamic capital markets hub as well as DFM’s active role in further strengthening this position.

This came up during the visit of a delegation from Kazakhstan’s Astana International Financial Centre, AIFC, to DFM, where the parties explored potential areas of cooperation.

Headed by Kairat Kelimbetov, Governor of AIFC, the nine-member delegation attended a presentation about DFM, the structure of the capital markets sector in the UAE and DFM’s infrastructure.

The visit included a tour of the DFM Trading floor, as delegates were updated on the innovative services provided to various market participants.

The delegates expressed interest in exploring the possibility of benefiting from Dubai’s massive experiences in implementing international best practices. The AIFC is a financial hub that will be situated within EXPO 2017 scheduled to take place in Astana between 10th June and 10th September.

Hassan Al Serkal, Chief Operating Officer and Head of the Operations Division of DFM said, "DFM is delighted to welcome the visiting delegation, as we are always committed to maintaining strong relationships with other markets and contributing to their development and growth by sharing Dubai’s experiences and successes in various sectors, with the financial sector at the forefront."

"The visit represented a great opportunity to update the delegation on DFM’s superb experiences and leading initiatives that are widely welcomed by various participants in addition to emphasising on the sound economic fundamentals in Dubai and the role of the emirate as a global financial hub and a gateway to the Middle East markets," he added.