Finanzplatz Frankfurt

The Financial Centres Frankfurt and Dubai intend to work together more closely

Frankfurt am Main – Frankfurt Main Finance (FMF) and the Dubai International Financial Centre (DIFC) agreed on closer cooperation between the two Financial Centres in a Memorandum of Understanding (MoU), signed on November 4th, 2019.

Arif Amiri, Chief Executive Officer of the DIFC, and Hubertus Väth, Managing Director of FMF, signed the MoU at the DIFC in the presence of German Consul General Holger Mahnicke and Yusef Ahmed, Managing Director of Frankfurt International Consulting.

Hubertus Väth is currently visiting the Middle East alongside a delegation from Frankfurt conducting a roadshow, as part of which the representatives participated in a DIFC panel discussion on “The European financial landscape after Brexit and Germany’s increasing role”.

“I would like to thank Arif Amiri, the German Consul General Holger Mahnicke and the team of the Frankfurt delegation for this important step. The agreement with the DIFC will enable us to work together more closely and to intensify knowledge sharing”.

In the upcoming weeks and months, Frankfurt and Dubai will put their joint plans into action and will thus be making a contribution towards strengthening their respective Financial Centres.