DIFC, Middle East venture partners sign agreement
(3/12/2018 5:58:00 AM)
Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding with Middle East Venture Partners (MEVP) to facilitate exchange of information on the latest trends in the finance industry, with a focus on the Fintech field. Arif Amiri, Chief Executive Officer of DIFC Authority, and Walid Hanna, Founder and Chief Executive Officer of MEVP, signed the MoU to enhance cooperation between DIFC and MEVP and to favourably encourage the development of the region’s venture capital technology ecosystem.
The MoU will also enable both entities to work together towards launching initiatives and future regulations that ensure an attractive and competitive investment environment for the region’s technology focused entrepreneurial base.