Borse Dubai meets Swedish Minister of privatisation and financial markets

Discussions focus on Sweden’s support to Borse Dubai and further cooperation with Dubai

Dubai - February 24, 2008: Essa Kazim, Chairman of Borse Dubai and Dubai Financial Market, today met with Sweden’s Minister of Privatisation and Financial Markets Mats Odell to discuss future cooperation between Dubai and the Nordic country following the completion of the landmark deal between Borse Dubai and OMX.

During his meeting with Kazim, Mats conveyed Sweden’s endorsement to future cooperation in financial market development with Dubai, as well as strengthening the links between the two countries in trade, investments and knowledge exchange.

Commenting on the visit, Kazim said: “Minister Mats’ visit to Dubai today reflects the strong ties between Dubai and the Swedish government. We look forward to future two-way cooperation and we will be happy to engage in further investments with Sweden.”

The Swedish Ambassador to the UAE, H.E. Bruno S. Beijerto accompanied the minister in today’s meeting.

On February 15th, Borse Dubai acquired 68.6 percent of OMX, this agreement will enable the other transactions involving Nasdaq, Borse Dubai, and the DIFX to take place later in the coming months.

 

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