UAE – Mubasher: Nasdaq Dubai on Tuesday announced it has signed a memorandum of understanding (MoU) with Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, to encourage international investment opportunities in Kazakhstan.
Under the MoU, both parties will work jointly to promote Islamic capital markets products and solutions in a bid to improve the financial markets in both countries, according to a press release.
Hamed Ali, chief executive of Nasdaq Dubai, said: “Building on the close ties between our two nations, Nasdaq Dubai is ready to provide its know-how and infrastructure to facilitate further investment by private and public entity investors into Kazakh businesses operating in a range of industries.
“Kazakhstan’s many thriving and dynamic companies make the country one of the most attractive destinations for investors in our region and globally,” Ali added.
The signing of the MoU came following a roundtable held by Samruk-Kazyna and a number of its largest companies at Nasdaq Dubai in May 2019.
