Abu Dhabi and Singapore have established a fintech bridge that links the Middle East (i.e. Western Asia) with other Asian markets as part of the former’s economic diversification plans.
Abu Dhabi’s special economic zone, the ADGM, which serves as its Dhabi’s financial centre, entered into a cooperation deal with the Monetary Authority of Singapore (MAS) that is intended to spur financial entrepreneurship through mutual exchanges of capital and human resources.
Read more at: https://www.dealstreetasia.com/stories/singapore-20-74841/
Abu Dhabi and Singapore have formed a fintech partnership, offshore and marine company Pacific Radiance has secured S$85 million in loans and HRNetGroup’s IPO will close on 14 June, with the company starting to trade on the SGX on 16 June.
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