DFM and Dubai Courts Sign MoU to Streamline Legal and Judicial Cooperation

[kreslik.news]

Dubai Financial Market (DFM), the Gulf’s only listed stock exchange, today signed a landmark Memorandum of Understanding with Dubai Courts to establish a framework to facilitate the judicial cooperation by both parties, specifically with respect to the enforcement procedures and judgement actions taken by Dubai Courts with regard to DFM’s participants.

The deal, which formalises an ongoing cooperation, is an important step forward for DFM as it seeks to lure global financial institutions through reassuring potential members that they will operate in a familiar and high-standard legal structure. In Dubai, international connectivity and increased confidence in the ability to enforce court ... (read more)