The Dubai International Financial Center signs an agreement with the Israeli "Bank Hapoalim"

The Dubai International Financial Center, the leading financial center in the Middle East, Africa and South Asia, which has the largest and most advanced financial technology system in the region, announced that it has entered into an agreement with Bank "Hapoalim", one of the largest banks in Israel, which is a public banking institution. Listed on the Tel Aviv Stock Exchange, it operates in the field of corporate and individual banking services, with the aim of discovering and taking advantage of a wide range of mutually beneficial opportunities.

The agreement, announced today, will allow the DIFC to increase its positive impact in enhancing the opportunities for the growth of the UAE economy, and increasing the contribution of the finance and innovation sectors to it, and in addition, it will support the vision of the DIFC to lead the future of the financial sector from Dubai.

Bank Hapoalim will become part of the global network that the financial center establishes with banks, financial centers, regulatory bodies and companies working to bring about positive changes in the financial and technological sectors, by adopting the highest legal, regulatory and operational standards.

This alliance allows the establishment of the first regional presence of Bank "Hapoalim" outside Israel to take advantage of banking opportunities and innovation in the Middle East, Africa and South Asia, within the framework of a common conviction between the Dubai International Financial Center and Bank "Hapoalim" of the importance of exchanging knowledge, hosting delegations and promoting the establishment of events Related business.

Arif Amiri, CEO of the DIFC Authority, said: “The Dubai International Financial Center is pleased to welcome Bank (Hapoalim) as a global partner.

Our partnership with the bank provides access to our most advanced, widespread and integrated financial system in the region, and allows them to benefit from banking, capital markets, asset management, innovation and fintech opportunities available. ”

Amiri added, "We hope that this agreement will open an ideal joint opportunity to accelerate the agenda for the future of the financial sector and stimulate innovation through the Innovation Hub platform in the Dubai International Financial Center."

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