Arab Today, arab today dgcx and bank of china sign mou
Last Updated : GMT 11:22:02
Arab Today, arab today
Arab Today, arab today

DGCX and Bank of China sign MoU

Arab Today, arab today

Arab Today, arab today DGCX and Bank of China sign MoU

Dubai Gold and Commodities Exchange
Dubai - WAM

The Dubai Gold and Commodities Exchange, DGCX, yesterday announced the signing of an MoU with the Bank of China, BOC. The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China.

The MoU paves the way for greater exchange of market information and industry best practices between the two institutions. The leadership role that both institutions play in their respective regional markets places them in an ideal position to drive greater collaboration between the financial sectors of both countries.

Commenting on the MoU, Gaurang Desai, Interim CEO of DGCX, said, "This is another partnership that supports our efforts to create closer ties between the UAE and Chinese derivatives and financial markets. Collaboration between markets is key for sustained business growth. The signing of this MoU with the Bank of China has been guided by our larger vision of contributing to the development of our national and regional markets."

Wu Shiqiang, General Manager of the Financial Institution Department of BOC, said, "We are pleased to sign this agreement with DGCX. Pursuing excellence is one of the bank's guiding principles and we believe this MoU will support us in our effort to promote quality and excellence through market collaboration. Through this MoU, we will be able to gain better insights into opportunities for partnerships with the UAE financial sector."

The MoU is one among a growing number of industry partnership agreements signed between the UAE and China in the last few years. The agreements provide a platform for expanding cooperation and promoting investments in each other's countries.

Bank of China's core business is commercial banking, including corporate banking, personal banking and financial markets services. It is the only Chinese bank to be included in the group of Global Systemically Important Banks for 4 consecutive years. It also stands out as the only bank in China to be part of the Global 500 for 26 continuous years.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dgcx and bank of china sign mou Arab Today, arab today dgcx and bank of china sign mou

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dgcx and bank of china sign mou Arab Today, arab today dgcx and bank of china sign mou

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday