FINANCIAL NEWS

Dubai’s Tecom, London’s Tech City sign MoU

18 Apr 2013

(MENAFN) Dubai’s Tecom free zone announced that it has inked a memorandum of understanding (MoU) with London’s Tech City to boost business ties between the two sides, reported Arabian Business.

The agreement, which will cover Dubai Internet City (DIC), Dubai Outsource Zone (DOZ) and Dubai Media City (DMC), will help technology businesses in the two cities to expand globally.

It will also support trade and knowledge relations with the UK, mainly in digital industries and technology areas.

It is worth noting that the agreement will increase investments between businesses in the two cities and will facilitate cooperation through sharing the best practices and ideas.

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