Dubai – Mubasher: The Dubai Financial Market (DFM) and Taiwan Stock Exchange (TWSE) have signed a memorandum of understanding (MoU) to establish a framework for closer cooperation between the two capital markets, according to a press release.
The agreement, which was penned during the third edition of MENA Capital Market Summit which kicked off on 6 May, aims to strengthen cross-border investment activity, promote capital market development and enhance the visibility of both exchanges among regional and international investors.
Under the agreement, both parties will explore opportunities to list financial products on each other’s markets, including exchange-traded funds (ETFs) and related equity products, as well as conduct joint investor outreach and share insights through regular dialogue and mutual visits.
The partnership is part of DFM and Nasdaq Dubai’s ongoing strategy to deepen market connectivity with Asia through cooperation with major exchanges and issuers.
The CEO of DFM and Nasdaq Dubai, Hamed Ali, said: "This partnership builds on our track record of enabling cross-border listings and expanding investor reach across key global regions."
Meanwhile, Sherman H.M. Lin, Chairman of TWSE, said: “The MoU lays a solid foundation for the listing of financial products in each other’s markets. Moreover, the two exchanges will jointly promote their respective markets to enhance local investors’ awareness and facilitate mutual visits and experience-sharing activities in the future.”
Looking ahead, DFM and TWSE will continue working together on investor awareness initiatives, technical exchanges and experience-sharing activities.
As part of the Capital Market Summit, Chairman Lin joined a high-level panel discussion titled ‘Bridging Borders: Cross-Border Capital Flows,’ alongside representatives from Nasdaq, Bahrain Bourse, DFM and Nasdaq Dubai. He shared the cross-border product listings serve as a model for facilitating capital flows.
It is worth noting that the partnership with DFM follows TWSE’s focused efforts to grow its presence in the Middle East. In October 2024, TWSE held a dedicated investment event in the region to promote Taiwan’s capital market. Since then, the two exchanges have remained in close contact to identify key areas of mutual interest.
