In response to the COVID-19 pandemic, Arab Capital Group began investing online

April 13 23:27 2020

The UAE Ministry of Foreign Affairs and International Cooperation (The UAE Ministry of Foreign Affairs and International Cooperation) announced that from Wednesday (March 18), citizens will temporarily be banned from traveling abroad until further notice.

Due to the tense situation of the epidemic, the UAE has issued a number of new prevention and control policies, including no longer issuing any entry visas (except for diplomatic passport holders), and suspension of visa on arrival / exemption policy (Chinese tourists are affected by this). Earlier, UAE Attorney General Hamad Al-Shamsi stated that every person entering the country must be quarantined at home for 14 days and follow the instructions issued by the relevant authorities. Violating the procedures of home isolation and quarantine and leaving the place of residence violates the law and social order. Anyone who violates this Directive will be punished strictly by law in accordance with the law. Combined with the newly promulgated “Foreign Ministers Signing Residents Prohibited Entry” policy, the UAE is currently in a state of strict control of “closing the country.”

In response to the crisis of the COVID-19 pandemic, Arab Capital Group requires employees to be isolated at home and work from home to start online project inspections. Arab Capital Group is cooperating with the New Zealand Monetary Authority (NAS) in fintech cooperation, including digital and mobile payments, fintech and distributed ledgers, “big data” and application program interface. Arab Capital Group promises to help New Zealand’s finance The Authority (NAS) supports innovative financial technologies to better manage risks, reduce costs, and increase efficiency. Altmaier, a spokesman for Arab Capital Group, said, “The closer cooperation between the two parties will help us create synergies in both markets, enhance understanding, and help fintech companies expand their global reach.”

All the negotiations between the Arab Capital Group and the New Zealand Monetary Authority (NAS) use online meetings, relying on advanced communication technology, so that during the special period of the COVID-19 pandemic, the Arab Capital Group can still work online. Conduct business and conduct investigation and investment.

According to the official website of Arab Capital Group: During the COVID-19 pandemic period, Arab Capital Group and the New Zealand Monetary Authority (NAS) held an expert network seminar on “Financial Technology Cooperation under the Global Pandemic of COVID-19 Epidemic”,Technical experts participating in the meeting focused on the topics of “the impact of the epidemic global pandemic on the global financial supply chain”, “the future development direction of financial “big data”, and “promoting closer industrial cooperation between the two sides through financial technology cooperation in a special period”. Discussion and communication. Arab Capital Group Executive Director Arafat Metsi said: “We will conduct field visits after the end of the COVID-19 pandemic in order to promote cooperation between the two parties and bring Arab Capital Group’s global fintech business to a new level.

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