The Abu Dhabi Global Markets and the Casablanca Finance City Authority have entered into a preliminary agreement to:
1. promote the development of financial services between the ADGM, CFCA and other African countries;
2. strengthen ties between the ADGM and CFCA;
3. explore cross-border initiatives to facilitate knowledge sharing and accelerate the development of the financial services sector; and
4. foster best practice and knowledge in the areas of green finance, Islamic finance and financial technologies.
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Mr Said Ibrahimi, chief executive of CFCA, said the partnership "will play an instrumental role" in fostering business ties between the UAE, Morocco and Africa.
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