AIFC Business Connect held a meeting with ADGMAIFC Business Connect held a meeting with ADGM

On August 9, 2021 Chairman of the Board – Mr. Zhaslan Madiyev, Deputy CEO – Mr. Almaz Amanzholov and Head of Investor Outreach Department of AIFC Business Connect Ltd. – Mr. Maxat Koshumbayev held a meeting with CEO – Mr. Mark Nicholas Cutis and Executive Director of Abu Dhabi Global Market (ADGM) – Mr. Philippe Richard.

During the meeting prospects of expanding cooperation between AIFC and ADGM jurisdictions were considered. The parties discussed attraction of financing for Kazakhstani investment projects. As a result of the meeting, pipeline of investment projects was handed over to the Arab side for review. The pipeline of investment projects provides for bilateral cooperation in the spheres of mining, agriculture, transport and logistics, energy, and other areas.

For reference:

AIFC. «Astana» International Finance Centre (AIFC) was created by the initiative of the First President of the Republic of Kazakhstan – Elbasy Nursultan Nazarbayev. The Constitutional Law “On the AIFC” was signed on December 7, 2015. The purpose of AIFC is to create the leading international centre of financial services. Objectives of AIFC include: assistance in attracting investments into the country’s economy, creating an attractive environment for investing in financial services, developing the securities market of the Republic of Kazakhstan and ensuring its integration with international capital markets.

AIFC Business Connect. AIFC Business Connect provides a specialist service that leads on sourcing bankable projects, structuring them in a way that can be presented to the international marketplace in a ready-for-business manner. Using AIFC’s global network, its own business-links and commercial contacts, AIFC Business Connect works with potential and all-ready present interests and institutions to support engagement in the country and the development of commercial objectives. 

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