Solowin announced the official launch of its Dubai Operations Center and the commencement of its application for a Category 3C asset management license from the Dubai International Financial Centre, DIFC. This move follows Solowin’s recently disclosed strategic collaboration with CITIC Construction on August 20, 2025, to develop financial technology infrastructure in Saudi Arabia, further underscoring the Company’s accelerating expansion across the Middle East region of compliant financial services. Solowin has signed a memorandum of understanding, MOU, with a UAE local enterprise, aiming to rapidly penetrate the local financial services market by leveraging established client networks. The Company selected DIFC as its Middle Eastern hub, primarily due to its regulatory advantage of mutual recognition framework with Hong Kong’s Securities and Futures Commission.
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