UAE SIGNS MOU WITH SOUTH AFRICA OVER REGISTRIES COLLABORATION

DUBAI, United Arab Emirate- The United Arab Emirates’ (UAE)’s financial free zone, Abu Dhabi Global Market (ADGM), signed a memorandum of understanding (MoU) with the Companies and Intellectual Property Commission (CIPC) of South Africa, ADGM said on Sunday.

As part of the MoU, ADGM said, it will work “collaboratively” with CIPC, on issues of mutual interest in the registries sector, by incorporating each organisation’s appropriate resources and technical capacity.

The MoU was signed by the Commissioner of CIPC, Adv Rory W. Voller, and CEO of the Registration Authority of ADGM, Dhaher bin Dhaher Al Mheiri.

The aim of the MoU is to “strengthen mutual understanding of the legislative, procedural and information technological frameworks, in each party’s respective jurisdictions, in the area of registering companies and other legal entities,” according to ADGM.

Al Mheiri said, “The MoU with CIPC establishes a strategic partnership that develops ADGM’s international relations in the field of registries.”

In turn, Voller noted, “collaboration is a core value of CIPC and this MoU offers an opportunity to expand and enhance relations with our counterparts at the ADGM Registration Authority.”

Established in 2013, and fully open for business since 2015, ADGM is the UAE’s second financial free zone, after the Dubai International Financial Centre.

Source: NAM NEWS NETWORK

UAE SIGNS MOU WITH SOUTH AFRICA OVER REGISTRIES COLLABORATION

DUBAI, United Arab Emirate- The United Arab Emirates’ (UAE)’s financial free zone, Abu Dhabi Global Market (ADGM), signed a memorandum of understanding (MoU) with the Companies and Intellectual Property Commission (CIPC) of South Africa, ADGM said on Sunday.

As part of the MoU, ADGM said, it will work “collaboratively” with CIPC, on issues of mutual interest in the registries sector, by incorporating each organisation’s appropriate resources and technical capacity.

The MoU was signed by the Commissioner of CIPC, Adv Rory W. Voller, and CEO of the Registration Authority of ADGM, Dhaher bin Dhaher Al Mheiri.

The aim of the MoU is to “strengthen mutual understanding of the legislative, procedural and information technological frameworks, in each party’s respective jurisdictions, in the area of registering companies and other legal entities,” according to ADGM.

Al Mheiri said, “The MoU with CIPC establishes a strategic partnership that develops ADGM’s international relations in the field of registries.”

In turn, Voller noted, “collaboration is a core value of CIPC and this MoU offers an opportunity to expand and enhance relations with our counterparts at the ADGM Registration Authority.”

Established in 2013, and fully open for business since 2015, ADGM is the UAE’s second financial free zone, after the Dubai International Financial Centre.

Source: NAM NEWS NETWORK