Dubai and Hong Kong will strengthen financial cooperation, covering areas such as fintech and virtual assets

ChainCatcher news, according to the Hong Kong Economic Times, the Dubai Economic and Tourism Department has signed a memorandum of understanding with the Financial Services and the Treasury Bureau of the Hong Kong Special Administrative Region Government, aimed at strengthening financial cooperation between Dubai and Hong Kong.

A spokesperson for the Hong Kong Special Administrative Region Government stated: "This memorandum will help promote policy communication, knowledge exchange, and cooperation opportunities in key areas of the financial services industry between the two places, including but not limited to family offices, fintech, virtual assets, green and sustainable finance, etc."